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$189,950

8929 Robert Dr, El Paso, TX, 79904

$246,596 ARVInfo
Under ContractInfo
CommercialInfo
Beds2 Beds
Baths1 Bath
Baths1,824 Sq Ft
Multi FamilyMulti Family
price_per_sqft$104.14 / sqft
Year BuiltBuilt in 1956

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRefrigerator, Microwave, Free-Standing Gas Oven, Dishwasher

Exterior

Lot Size6,767 sqft

Building Information

Year Built1956
Stories1
Roof Type106

Land Information

APND361-999-0120-1900
SubdivisionDel Norte Acres
Land UseResidential
Legal Description12 DEL NORTE ACRES N 45 FT OF 9 & S .11 FT OF 10 (6766.5 SQ FT)
Census Tract000404
Assessed Land Value$28,984
Assessed Improvement Value$159,998
Assessment Year2025

About this property

Duplex or Single Family home with Additional Dwelling Unit. Move in Ready. Major Improvements done. Great for first time home buyer looking for income potential or for long term/short term rental investment. This property is minutes from shopping, schools, restaurants, major freeways including Transmountain road and down the street from the new major amphitheater. Sure to be a solid investment whatever the buyer's motivation. This home has been under contract and both buyers failed to qualify. Home has appraised and is ready for its new owner. Call Today.

Investor Tools

$219,306Estimated Mortgage Balance
$216,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$246,595
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$499/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,905
$188,982
2025
$28,984
$159,998
$188,982
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,905
$188,982

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Va
$219,622
Yes
First
Apr 10, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,306
N/A
0%
102%
$1,317/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$977/mo
$1,317/mo
$-340/mo
5.4%

City: El Paso

8929 Robert Dr | Property Details | No Agent List