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$200,000

964 Lomita Dr, El Paso, TX, 79907

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,486 Sq Ft
price_per_sqft$134.59 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesWater Heater, Free-Standing Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood
FlooringTile, Laminate, Carpet

Exterior

Exterior FeaturesSee Remarks, Walled Backyard
Lot Size8,400 sqft

Building Information

Year Built1953
Stories1
Roof Type105

Land Information

APNL521-999-001C-3500
Lot Number86
SubdivisionLoma Terrace #4
Land UseResidential
Legal DescriptionLOMA TERRACE #4 LOT 86 (8400 SQ FT)
Census Tract004107
Assessed Land Value$39,060
Assessed Improvement Value$190,699
Assessment Year2025

About this property

Welcome to this spacious single story home situated on an impressive 8,400 sq ft corner lot. This property offers incredible versatility with an attached apartment, perfect for multigenerational living or a potential income-producing opportunity. The newly updated kitchen features beautiful wood-look tile flooring, modern soft-close shaker-style cabinets, a classic subway tile backsplash, and warm butcher block countertops that create a clean, contemporary feel. The layout provides plenty of space for cooking, entertaining, and everyday living. Home includes leased solar panels with a transferable agreement and no loan assumption required. Conveniently located minutes from I-10, offering quick access to shopping, dining, and entertainment. This prime location makes commuting simple and everyday amenities close at hand. Schedule your showing today!

Investor Tools

$0Estimated Mortgage Balance
$229,759Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Candelaria Garcia

EXIT Southwest Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,649
$229,759
2025
$39,060
$190,699
$229,759
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,649
$229,759

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$229,759
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
7.1%

City: El Paso