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$78,500

27238 Fonseca Drive, El Paso, TX, 79905

On MarketInfo

About this property

Discover an outstanding opportunity with this 0.25-acre lot on Fonseca Drive, zoned R-5 for residential development and ideal for a custom home or investment project. This generous lot offers ample space for a well-designed residence with a yard, parking, and outdoor living areas, giving builders and homebuyers flexibility in their plans. Perfectly positioned for commuters and students, the property offers easy access to Cesar Chavez Highway, providing quick connections throughout El Paso and beyond. Daily drives to work, school, or shopping are simplified with major corridors just minutes away, making this location both convenient and practical. Lifestyle amenities are close at hand, with the lot located just 5-7 minutes from El Paso Community College and walking distance to Ascarate Park and Golf Course, where you can enjoy walking trails, picnics, fishing, and a full 18-hole course. The surrounding established neighborhood adds to the appeal, offering a residential feel.

Investor Tools

$0Estimated Mortgage Balance
$78,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$471 /month
Positive
Cash Flow Estimate:
$157 /month

Interested in this property?

Anibal Olague

Cap Rate Real Estate Group

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Financing Details

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

City: El Paso

27238 Fonseca Drive | Property Details | No Agent List