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$249,000

3443 LORNE Road, El Paso, TX, 79925

Under ContractInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths3,400 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size12,031 sqft

Building Information

Year Built1975
Stories1
Roof Type172

Land Information

APNX580-999-239A-1510
SubdivisionTsp 1 Sec 1 T & P Surv
Land UseCommercial
Legal Description80 TSP 2 SEC 39 T & P SURV TR 1-K-1 (0.2762 AC)
Census Tract004310
Assessed Land Value$43,313
Assessed Improvement Value$190,197
Assessment Year2025

About this property

3400 SF BUILDING ON A 12,000 SF LOT. EXCELLENT LOCATION CLOSE TO MONTANA AND McRAE NEXT TO BUDDY'S BEER BARN. ZONING IS C-1. FORMERLY USED AS AN ART GALLERY. PLENTY OF ON SITE PARKING. THE PROPERTY IS WELL SUITED FOR AN OFFICE OR OFFICE/WAREHOUSE USER THAT WANTS TO OWN THEIR OWN PROPERTY. NEEDS HVAC, ELECTRICAL, AND PLUMBING. LEFT HAND SIDE IS 1400 SF. RIGHT HAND SIDE IS 2000 SF WITH A 10 X 7 ROLL UP DOOR.

Investor Tools

$0Estimated Mortgage Balance
$233,510Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,413
$233,510
2025
$43,313
$190,197
$233,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,413
$233,510

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$233,510
100%
0%
$0/mo

City: El Paso

3443 LORNE Road | Property Details | No Agent List