Last 24 Hours
$750,000
124 E El Paso St, Marfa, TX, 79843
On Market
Commercial
— Beds
— Bath
1,512 Sq Ft
$496.03 / sqft
Built in 1910Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size3,136 sqft
Building Information
Year Built1910
Land Information
APN131000000220005000000
Lot Number5
SubdivisionMarfa
Land UseCommercial
Legal Description22, MARFA LOT 5
Census Tract950100
Assessed Land Value$45,000
Assessed Improvement Value$51,990
Assessment Year2025
About this property
Great location work/live building in the heart of downtown Marfa. 13'6" ceiling height, private garden and living area in back of the building, storefront facing El Paso. 1 full bath, 1/2 bath with utility room. Parking available with alley access. New stove, fridge, dishwasher; solar installed. Plywood loft buildout to include bedroom and storage/closets. Landscaped/irrigated back garden area with patio. Excellent foot traffic, private living area.
Investor Tools
$194,852Estimated Mortgage Balance
$96,990Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,896
$96,990
2025
$45,000
$51,990
$96,990
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,896
$96,990
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capitalmark Bank & Trust
Commercial
$248,000
No
First
Mar 11, 2016
Mar 2021
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,852
N/A
0%
201%
$1,487/mo
12.4%