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$214,950

8505 Mount Tibet Dr, El Paso, TX, 79904

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,449 Sq Ft
price_per_sqft$148.34 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Bathrooms Half 0.5Bathrooms Half 0.5
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesWater Heater, Dishwasher, Free-Standing Gas Oven, Gas Cooktop, Microwave, Refrigerator
FlooringVinyl, See Remarks

Exterior

Exterior FeaturesSee Remarks
Lot Size6,270 sqft

Building Information

Year Built1954
Stories1
Roof Type183

Land Information

APNM851-999-0080-7300
Lot Number37
SubdivisionMountain View
Land UseResidential
Legal Description8 MOUNTAIN VIEW LOT 37 (6270 SQ FT)
Census Tract000302
Assessed Land Value$28,232
Assessed Improvement Value$140,006
Assessment Year2025

About this property

Welcome to this beautifully renovated home! Be the first to enjoy all the new upgrades in this turn key property that features a brand new open-concept kitchen with a spacious island that flows seamlessly into the living room areas--perfect for entertaining! The kitchen boasts all-new stainless steel appliances. The two bathrooms have been fully updated with new porcelain floor tiles, showers, and stylish finishes. There's a 2nd living room space perfect for an office, gym or kids playroom and a dedicated laundry room. Enjoy staying cool in the summer months with the brand new refrigerated air and all new double-pane windows that are energy efficient. The home features new luxury vinyl flooring, new paint, all new doors, trim and light fixtures. There's also a huge shed in the backyard perfect for more storage. Don't miss out on this amazing move in ready property! Owner financing is available for the right terms.

Investor Tools

$0Estimated Mortgage Balance
$213,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

Interested in this property?

Carlos Almanza

Vault Property Management

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,149
$168,238
2025
$28,232
$140,006
$168,238
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,149
$168,238

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$213,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
N/A
+$1,361/mo
7.7%

Learn About the Market: Opportunity in El Paso

Local Market Pages
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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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8505 Mount Tibet Dr | Property Details | No Agent List