$220,900
NAL Estimated Property Value1311 Myrtle Ave, El Paso, TX, 79901
$287,170 ARV
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Exterior
Lot Size6,000 sqft
Building Information
Year Built1950
Roof Type105
Land Information
APNF607-999-0310-6100
SubdivisionF Franklin Heights
Land UseCommercial
Legal Description31 FRANKLIN HEIGHTS 21 & 22 (6000.00 SQ FT)
Census Tract002100
Assessed Land Value$37,500
Assessed Improvement Value$183,400
Assessment Year2025
About this property
Excellent investment opportunity! Fully leased multifamily property featuring a total of 5 units: (1) two-bedroom/one-bath and (4) one-bedroom/one-bath apartments. This well-maintained asset offers immediate cash flow with established tenants in place. Located in a strong rental market, 1311 Myrtle Ave provides consistent income and long-term appreciation potential. Ideal turnkey addition to any portfolio.
Investor Tools
$220,900
Estimated Property Value
$0Estimated Mortgage Balance
$220,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$287,170
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,617
$220,900
2025
$37,500
$183,400
$220,900
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,617
$220,900
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$220,900
100%
0%
$0/mo
