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$330,000

563 Lanner St, El Paso, TX, 79928

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,216 Sq Ft
price_per_sqft$148.92 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Exhaust Fan, Free-Standing Gas Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringTile, Carpet

Exterior

Exterior FeaturesWalled Backyard, Balcony, Back Yard Access

Building Information

Garage Spaces2

About this property

Seller is offering a $5,000 buyer incentive! Buyer may choose to apply the credit toward closing costs, an interest rate buy-down, or the existing solar panel loan balance. This striking stucco home with a tile roof offers fantastic curb appeal, a landscaped yard, and a front-entry two-car garage. Inside, vaulted ceilings, neutral tones, and easy-to-maintain tile floors create a bright, inviting feel. The spacious living room features a dramatic floor-to-ceiling stone fireplace, while the kitchen shines with granite countertops, white cabinetry, a gas cooktop, vent hood, and center island. Upstairs, enjoy a second living area with mountain views and four bedrooms including a spacious primary suite with dual sinks, a garden tub, separate shower, and walk-in closet. Step outside to enjoy incredible balcony views and a lush backyard complete with a covered patio, pergola, and storage shed. The home also features solar panels adding energy efficiency! Minutes from East Lake Marketplace! Seller is offering a $5,000 buyer incentive! Buyer may choose to apply the credit toward closing costs, an interest rate buy-down, or the existing solar panel loan balance. See attached flyer for details.

Investor Tools

Property Icon
$365,740
Estimated Property Value
$315,980Estimated Mortgage Balance
$74,485Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,194 /month
Positive
Cash Flow Estimate:
$731 /month

Interested in this property?

Michael Hershenberg

REAL Broker LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
No HOA
5.947%

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.

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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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563 Lanner St | Property Details | No Agent List