$525,000
NAL Estimated Property Value1407 Arizona Ave, El Paso, TX, 79902
Off Market
Property Lead Type:
BankruptcyAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesSee Remarks
FlooringCeramic Tile, Carpet, Hardwood
Exterior
Lot Size4,500 sqft
Building Information
Year Built1926
Roof Type105
Land Information
APNF607-999-0880-6500
SubdivisionF Franklin Heights
Land UseResidential
Legal Description88 FRANKLIN HEIGHTS 17 & E 10 FT OF 16 & W 2.5 FT OF 18 (4500.00 SQ FT)
Census Tract002201
Assessed Land Value$20,828
Assessed Improvement Value$181,196
Assessment Year2025
About this property
Spectacular multi family property will be completed very soon. This property offers 7 completely remodeled units. All new electric, plumbing, carpet, windows, doors, tile, paint. Brand New Roof!! Each unit has its on brand new split system keeping each unit with renters customized temperature. A better value will be tough to find.
Investor Tools
$525,000
Estimated Property Value
$379,448Estimated Mortgage Balance
$145,552Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,256
$202,024
2025
$20,828
$181,196
$202,024
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,256
$202,024
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Savings Bank
Commercial
$386,250
No
First
May 28, 2025
May 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,448
$145,552
27%
72%
$2,316/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$2,316/mo
$-955/mo
3.1%
