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$327,000

NAL Estimated Property Value

3330 Van Buren Ave, El Paso, TX, 79930

Off MarketInfo
CommercialInfo
Baths1 Bath
Baths2,546 Sq Ft
price_per_sqft$129.62 / sqft
Year BuiltBuilt in 1938

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesSee Remarks

Exterior

Lot Size9,600 sqft

Building Information

Year Built1946
Roof Type106

Land Information

APNM794-999-0290-5100
SubdivisionMorningside Heights
Land UseResidential
Legal Description29 MORNINGSIDE HEIGHTS 22 TO 24 (9600 SQ FT)
Census Tract000901
Assessed Land Value$29,466
Assessed Improvement Value$269,509
Assessment Year2025

About this property

Presenting a prime investment opportunity in the heart of the desirable Summit Place community. This multi-unit property, which includes three units—the main house and two additional units—is being sold together as-is, offering incredible potential for renovation and long-term cash flow. Each unit features 2 bedrooms and 1 bathroom, mini split units, private entrance and parking space. The main house is 1,496 square feet of living space. Studio 1- 2 bedrooms & 1 bathroom is 550 square feet. Studio 2- 2 bedrooms & 1 bathroom is 500 square feet. While the property is in need of repairs and updates, it offers a fantastic opportunity to unlock significant value in a sought-after location. Whether you're looking to update and lease or take on a larger development project, this property offers endless possibilities.

Investor Tools

Property Icon
$327,000
Estimated Property Value
$145,461Estimated Mortgage Balance
$181,539Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$730/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,125
$298,975
2025
$29,466
$269,509
$298,975
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,125
$298,975

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Iglobal Re Llc
Commercial
$155,000
No
First
Jan 6, 2023
Feb 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,461
$181,539
55%
44%
$930/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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3330 Van Buren Ave | Property Details | No Agent List