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$593,000

7324 Enchanted Point Dr, El Paso, TX, 79911

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,282 Sq Ft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesRange, Built-In Gas Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Range Hood, Tankless Water Heater, Water Softener Owned
FlooringTile, Carpet

Exterior

Lot Size9,515 sqft

Building Information

Year Built2023
Garage Spaces532

Land Information

APNE855-999-0350-0100
Lot Number1
SubdivisionEnchanted Hills #5
Land UseResidential
Legal DescriptionBLK 35 ENCHANTED HILLS #5 LOT 1
Census Tract010220
Assessed Land Value$109,561
Assessed Improvement Value$367,496
Assessment Year2025

About this property

Just across from the Outlet Shoppes of El Paso, this stunning 4-bedroom, 3-bath masterpiece in Enchanted Hills offers the perfect blend of modern luxury and everyday comfort. Built in 2023 by Cullers Homes, this property sits on a spacious corner lot and features high-end upgrades throughout—with no new Cullers inventory currently available in the area, this is a rare opportunity you won't want to miss. Behind the front courtyard, step into a welcoming foyer and a beautifully open layout. The living room impresses with a cultured stone fireplace framed by custom built-ins, quartz-topped cabinetry, and designer shelving. The kitchen is equally impressive, featuring upgraded 3' quartz countertops, a stylish backsplash, and a layout that's perfect for hosting. One of the four bedrooms serves as a private junior suite with its own full bath—ideal for guests or multigenerational living. The owner's retreat is truly next-level, boasting a spa-like ensuite with a soaking garden tub, dual-head walk-in shower including a rainfall fixture, and a spacious walk-in closet. Shutters throughout the home add a crisp, modern finish, while a built-in laundry room sink adds function with style. The backyard is designed for entertaining and relaxing alike, complete with a covered patio, custom Cantera stone firepit with built-in seating, and a pergola for shade and charm. Even the decorative carriage at the corner adds curb appeal and character. Meticulously cared for by its original owner, this home shows like a modelclean, pristine, and absolutely move-in ready. With no new Cullers inventory available in this area, this home stands as one of the few chances to own a like-new property with the quality and detail Cullers is known for.

Investor Tools

Property Icon
$593,000
Estimated Property Value
$506,976Estimated Mortgage Balance
$106,625Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,558 /month
Positive
Cash Flow Estimate:
$1,186 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,757
$477,057
2025
$109,561
$367,496
$477,057
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,757
$477,057

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Lending Group Inc
Fha
$506,976
Yes
First
Feb 1, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$486,375
$106,625
17%
82%
$3,040/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$3,040/mo
$-540/mo
5.1%

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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7324 Enchanted Point Dr | Property Details | No Agent List