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Days448Days on Market
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$1,449,000

780 Romer Ray Dr, El Paso, TX, 79932

On MarketInfo
Beds3 Beds
Baths7 Bath
Baths5,562 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260.52 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Free-Standing Gas Oven, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Softener Owned
FlooringTerrazzo, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size1.23 acres

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces5

Land Information

APNR701-999-0030-0100
SubdivisionRomer Ray Estates
Land UseResidential
Legal Description3 ROMER RAY ESTATES 1 & 2 (53782.129 SQ FT)
Census Tract010229
Assessed Land Value$109,176
Assessed Improvement Value$746,967
Assessment Year2025

About this property

Welcome to your dream retreat! This premiere west side 5 bed 6 bath with a 900 sq ft casita offers the perfect blend of comfort and outdoor living, featuring a spacious covered porch where you can relax and take in the serene surroundings. This home boasts a gourmet kitchen with top-of-the-line appliances and custom cabinetry that is perfect for culinary enthusiasts and entertainers alike. The Primary Suite is a private oasis with a luxurious sauna ensuring the ultimate relaxation experience. Every detail of this home has been thoughtfully curated, from the open concept living spaces to the refined finishes that exude sophistication. Step outside to a resort style backyard where a heated pool with a private casita provides a secluded retreat. Nestled among 25 pecan trees is a fire pit creating a tranquil escape. Don't miss your chance to own this unique oasis!

Investor Tools

$0Estimated Mortgage Balance
$1,104,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,694 /month
Positive
Cash Flow Estimate:
$2,898 /month

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Priscilla Terrazas

The Premiere R E Agency

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,212
$856,143
2025
$109,176
$746,967
$856,143
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,212
$856,143

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,030,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,420/mo
N/A
+$1,420/mo
1.5%

Learn About the Market: Opportunity in El Paso

Local Market Pages
Local Market Pages 2Local Market Pages 3

Explore

El Paso

El Paso is one of Texas’ most unique housing markets, combining affordability, military employment, international trade, and a strong regional identity. Located on the U.S.–Mexico border, the city serves as a major center for logistics, healthcare, education, manufacturing, and defense-related industries.

The city’s housing market is supported by the presence of Fort Bliss, one of the largest military installations in the United States. Compared to many other Texas metros, El Paso offers relatively affordable homeownership opportunities while maintaining stable demand from local residents, military personnel, and investors.

Explore Texas Explore This Area
Population Growth

Population Growth

0.6%

Net Migration

Net Migration

Stable

Median Home Price

Median Home Price

$184,500

Unemployment Rate

Unemployment Rate

4.0%

Price Trend

Price Trend

+1.6% YoY

New Permits

New Permits

Dynamic Permit Feed

City: El Paso

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