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$363,522

NAL Estimated Property Value

2823 Altura Ave, El Paso, TX, 79930

Off MarketInfo
Beds— Beds
Baths1 Bath
Baths1,957 Sq Ft
price_per_sqft$158.41 / sqft
Year BuiltBuilt in 1928

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesSee Remarks
FlooringLaminate, Tile

Exterior

Lot Size6,000 sqft

Building Information

Year Built1948
Roof Type106

Land Information

APNH453-999-1080-1500
SubdivisionHighland Park
Land UseResidential
Legal Description108 HIGHLAND PARK 5 & 6 (6000.00 SQ FT)
Census Tract001001
Assessed Land Value$27,900
Assessed Improvement Value$335,622
Assessment Year2025

About this property

Incredible investment opportunity in El Paso's desirable Highland Park! This charming 4-unit property offers a total of 1,957 sq ft, featuring three 1-bed, 1-bath units and one 2-bed, 1-bath unit. Perfect for Airbnb or long-term rentals, this income-producing property blends historic charm with modern convenience. Nestled near Memorial Park, Five Points entertainment district, and major highways, tenants enjoy easy access to shopping, dining, and recreation. Each unit boasts spacious layouts, natural light, and well-maintained interiors. With El Paso's growing rental demand, this property presents strong income potential for investors. Don't miss this rare chance to own a multi-unit property in a high-demand location!

Investor Tools

Property Icon
$363,522
Estimated Property Value
$305,524Estimated Mortgage Balance
$57,998Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,181 /month
Positive
Cash Flow Estimate:
$727 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$828/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,114
$363,522
2025
$27,900
$335,622
$363,522
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,114
$363,522

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains Commerce Bank
Va
$311,000
Yes
First
May 13, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,524
$57,998
15%
84%
$1,865/mo

City: El Paso