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$392,000

NAL Estimated Property Value

840 Tepic Dr, El Paso, TX, 79912

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,856 Sq Ft
price_per_sqft$198.81 / sqft
Year BuiltBuilt in 1985

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
AppliancesCooktop, Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Microwave
FlooringTile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard
Lot Size7,560 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APNC340-999-1120-7100
Lot Number36
SubdivisionChaparral Park
Land UseResidential
Legal Description112 CHAPARRAL PARK #23 LOT 36 (7560 SQ FT)
Census Tract001107
Assessed Land Value$47,834
Assessed Improvement Value$254,794
Assessment Year2025

About this property

Located in the desirable Chaparral Park subdivision, this well-maintained 3-bedroom, 2-bath home offers comfort, functionality, and style in one of the Westside's most convenient locations; just minutes from shopping, top-rated schools, and with quick freeway access to Ft. Bliss. Franklin High School is within walking distance. A gated courtyard entrance and circular driveway welcome you into a thoughtfully designed layout featuring a spacious foyer, dedicated dining area, and an open-concept kitchen and living room. The kitchen is equipped with ample cabinetry, stainless steel appliances, quartz countertops, a porcelain sink, and a wine fridge; perfect for entertaining. The living room is highlighted by a vaulted ceiling and fireplace. The master suite offers direct access to a serene courtyard garden and a solar-heated pool, providing a private retreat. The master suite offers direct access to a serene courtyard garden and a solar-heated pool, providing a private retreat. The master bathroom includes a double vanity and a large walk-in shower. Additional features include owned solar panels for energy efficiency and a generous outdoor patio ideal for gatherings and family events.

Investor Tools

Property Icon
$392,000
Estimated Property Value
$0Estimated Mortgage Balance
$392,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,352 /month
Positive
Cash Flow Estimate:
$784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,506
$302,628
2025
$47,834
$254,794
$302,628
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,506
$302,628

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$392,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
N/A
+$1,600/mo
4.9%

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.

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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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840 Tepic Dr | Property Details | No Agent List