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$389,000

NAL Estimated Property Value

2801 Wheeling Ave, El Paso, TX, 79930

$470,778 ARVInfo
Off MarketInfo
Beds7 Beds
Baths5 Bath
Baths2,978 Sq Ft
Year BuiltBuilt in 1918

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesGas Cooktop
FlooringTile, Hardwood

Exterior

Lot Size9,000 sqft

Building Information

Year Built1950
Roof Type106

Land Information

APNM056-999-0080-9200
SubdivisionManhattan Heights
Land UseResidential
Legal Description8 MANHATTAN HEIGHTS 30 TO 32 (9000.00 SQ FT)
Census Tract002300
Assessed Land Value$36,945
Assessed Improvement Value$318,139
Assessment Year2025

About this property

Built in 1918, this beautifully preserved Colonial Revival home in Manhattan Heights blends timeless charm with modern versatility. Set on a spacious corner lot behind a stone wall and wrought-iron gate, the main home features a stately red brick façade, a welcoming front porch, an updated kitchen, a primary bedroom on the main level, and four bedrooms upstairs. Two fully detached units each include private entrances, kitchenettes, and separate heating/cooling,ideal for multigenerational living or rental income. A dividing picket fence and rear access provide added privacy. With its rich history, flexible layout, and income potential, this is a rare opportunity in one of El Paso's most iconic neighborhoods, just minutes from Memorial Park, downtown, and UTEP.

Investor Tools

Property Icon
$389,000
Estimated Property Value
$136,453Estimated Mortgage Balance
$252,547Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$470,777
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$910/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,970
$355,084
2025
$36,945
$318,139
$355,084
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,970
$355,084

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Val Chris Investmensts Inc
Commercial
$142,000
No
First
Mar 11, 2024
Apr 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,453
$252,547
64%
35%
$852/mo

City: El Paso

2801 Wheeling Ave | Property Details | No Agent List