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$246,000

NAL Estimated Property Value

805 Rakas Rd, El Paso, TX, 79928

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,550 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesBuilt-In Gas Oven, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Refrigerator
FlooringTile, Vinyl, Carpet

Exterior

Lot Size5,196 sqft

Building Information

Year Built2019
Roof Type104
Garage Spaces2

Land Information

APNP086-000-0160-1300
Lot Number13
SubdivisionPainted Sky At Mission Ridge
Land UseResidential
Legal DescriptionBLK 16 PAINTED SKY AT MISSION RIDGE LOT 13
Census Tract010370
Assessed Land Value$31,800
Assessed Improvement Value$203,350
Assessment Year2025

About this property

Beautifully maintained 4-bedroom, 2-bath home located in Painted Sky at Mission Ridge. Situated on a desirable corner lot, this home offers a spacious layout with multiple upgrades throughout. The renovated primary bathroom adds a touch of luxury, while the fully landscaped backyard provides a perfect outdoor retreat with minimal upkeep. From the thoughtful finishes to the well-cared-for condition, this home is truly move-in ready. Located near shopping, parks, and schools, with easy access to major roads. A must-see in a growing, well-established community!

Investor Tools

Property Icon
$246,000
Estimated Property Value
$256,169Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,527 /month
Positive
Cash Flow Estimate:
$509 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,730
$235,150
2025
$31,800
$203,350
$235,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,730
$235,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
All Western Mortgage Inc
Va
$259,971
Yes
First
Jul 24, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,169
N/A
0%
104%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$1,559/mo
$-69/mo
7.3%

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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805 Rakas Rd | Property Details | No Agent List