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$999,000

NAL Estimated Property Value

1701 Murchison Drive, El Paso, TX, 79902

Off MarketInfo

About this property

This stunning 17-acre plateau offers a tremendous view and holds unique development potential. Perfect for condominiums, apartments, offices, or two to three estate-sized lots, the property is zoned A-O and is ideally located near major medical facilities and a large employment base. Just below Scenic Drive, this land promises the BEST views in town. While not all of it may be developable, securing even a couple of acres here would undoubtedly yield the most impressive real estate in the area.

Investor Tools

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$999,000
Estimated Property Value
$0Estimated Mortgage Balance
$999,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,994 /month
Positive
Cash Flow Estimate:
$1,998 /month

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Financing Details

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

City: El Paso

1701 Murchison Drive | Property Details | No Agent List