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$293,284

NAL Estimated Property Value

9003 Magnetic St, El Paso, TX, 79904

$370,813 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,456 Sq Ft
price_per_sqft$93.65 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesWater Heater, Dishwasher, Free-Standing Gas Oven, Refrigerator
FlooringParquet, Tile, Carpet

Exterior

Exterior FeaturesWalled Backyard
Lot Size9,720 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APNP324-999-0440-5400
Lot Number782
SubdivisionPark Foothills
Land UseResidential
Legal Description44 PARK FOOTHILLS REPLAT LOT 782 (9720 SQ FT)
Census Tract000401
Assessed Land Value$57,902
Assessed Improvement Value$235,382
Assessment Year2025

About this property

Great opportunity in a well-established Northeast El Paso neighborhood. This 4-bedroom, 2 full bathroom home offers 2,456 sq ft of living space and sits on a 9,720 sq ft lot. The property is being sold AS-IS, with the seller making no repairs, making it ideal for investors or buyers looking to add value through updates and customization. Major system improvements have already been completed, including conversion to refrigerated air in 2023, a new hot water heater installed in 2022, and the roof was resealed in 2020, offering peace of mind on several key components. The home features a functional layout that includes a formal dining room as well as a separate breakfast nook, providing flexible space for everyday living and entertaining. and is conveniently located near shopping, dining, schools, and easy access to Fort Bliss. French door refrigerator does not convey with the property. Seller will make no repairs. Buyer to verify all information.

Investor Tools

Property Icon
$293,284
Estimated Property Value
$59,240Estimated Mortgage Balance
$234,044Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$370,812
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,760 /month
Positive
Cash Flow Estimate:
$587 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,118
$293,284
2025
$57,902
$235,382
$293,284
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,118
$293,284

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Home Loans Inc
Stand Alone First / Home Equity First Lien
$120,000
No
First
Dec 13, 2006
Jan 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,240
$234,044
79%
20%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,664/mo
N/A
+$1,664/mo
6.8%

City: El Paso

9003 Magnetic St | Property Details | No Agent List