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$201,000

8624 Mount Shasta Dr, El Paso, TX, 79904

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,322 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 1953

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesRange, Convection Oven, Dryer, Gas Water Heater, Microwave, Range Hood
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size6,132 sqft

Building Information

Year Built1953
Stories1
Roof Type105

Land Information

APNM851-999-0370-2500
Lot Number961
SubdivisionMountain View
Land UseResidential
Legal Description37 MOUNTAIN VIEW LOT 961 (6132 SQ FT)
Census Tract000302
Assessed Land Value$27,793
Assessed Improvement Value$134,977
Assessment Year2025

About this property

4 bedrooms, 3 baths, swiming pool, refrigerated air solar panels will be paid off at closing a Must see..

Investor Tools

Property Icon
$201,000
Estimated Property Value
$199,323Estimated Mortgage Balance
$4,889Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,218 /month
Positive
Cash Flow Estimate:
$406 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,179
$162,770
2025
$27,793
$134,977
$162,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,179
$162,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$199,323
Yes
First
Jun 17, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,111
$4,889
2%
98%
$1,196/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$1,196/mo
+$165/mo
8.1%

Learn About the Market: Opportunity in El Paso

Local Market Pages

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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8624 Mount Shasta Dr | Property Details | No Agent List