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$795,535

NAL Estimated Property Value

117 W Overland Ave, El Paso, TX, 79901

Off MarketInfo
CommercialInfo
Baths30,000 Sq Ft
Year BuiltBuilt in 1916

Highlights

Interior

Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size7,545 sqft

Building Information

Year Built1916
Roof Type105

Land Information

APNM473-999-0150-8100
SubdivisionMills
Land UseIndustrial
Legal Description15 MILLS 60 FT ON OVERLAND X 125.75 FT ON SANTA FE SWC (7545.00 SQ FT)
Census Tract001700
Assessed Land Value$150,900
Assessed Improvement Value$644,635
Assessment Year2025

About this property

Discover an exceptional investment opportunity in the heart of El Paso! This expansive 37,500 sq ft building, including a basement, offers a prime canvas for your vision. Whether you envision a stunning apartment complex, a dynamic office space, or an engaging entertainment venue, this property is ripe for transformation. Key Features: Versatile Potential: Ideal for a range of uses including residential, commercial, or entertainment purposes. Prime Location: Situated just behind the Paso Del Norte Hotel and within walking distance to vibrant museums and restaurants. Investment-Friendly: 2024 property taxes are $4,369.76, and the building qualifies for valuable tax credits. Contact the City of El Paso to explore potential financial incentives. Ready for Innovation: The interior is completely gutted, providing a blank slate for your design aspirations. Note that the building will require a new roof. Convenient Access: Adjacent to a city parking garage, ensuring easy access for tenants or visitors.

Investor Tools

Property Icon
$795,535
Estimated Property Value
$0Estimated Mortgage Balance
$795,535Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,112
$795,535
2025
$150,900
$644,635
$795,535
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,112
$795,535

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$795,535
100%
0%
$0/mo

Learn About the Market: Opportunity in El Paso

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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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