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$2,526,880

NAL Estimated Property Value

1601 Magoffin Avenue Suite 111, El Paso, TX, 79901

Off MarketInfo
LeaseInfo
CommercialInfo
Baths0 Bath
Baths72,000 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size29,995 sqft

Building Information

Year Built1950
Roof Type105

Land Information

APNC849-999-0690-0100
SubdivisionCotton
Land UseCommercial
Legal Description69 COTTON 1 TO 10 (30000.00 SQ FT)
Census Tract002100
Assessed Land Value$68,989
Assessed Improvement Value$2,457,891
Assessment Year2025

About this property

Modern Office Suites in Central El Paso! Building has been completely renovated to include new flooring, lights, paint, and modern structures & fixings throughout! Office suites are private spaces offered in a variety of sizes to accommodate for any future tenant needs. Whilst suites are privatized, there are shared spaces throughout to greet guests or clients, plus an open & shared area for kitchen use. Building offers refrigerated air and Wi-Fi, plus ample parking space for tenants & visitors. Located close to major streets and local shops, this building sits in an ideal location for growing businesses alike.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,246/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,314
$2,526,880
2025
$68,989
$2,457,891
$2,526,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$26,314
$2,526,880

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,526,880
100%
0%
$0/mo

Learn About the Market: Opportunity in El Paso

Local Market Pages
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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.

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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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