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$650,000

3530 Pera Ave, El Paso, TX, 79905

On MarketInfo
Beds— Beds
Baths— Bath
Baths1,578 Sq Ft
QuadruplexQuadruplex
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size7,000 sqft

Building Information

Year Built1969
Stories1
Roof Type105

Land Information

APNE014-999-0070-4100
SubdivisionA East El Paso
Land UseCommercial
Legal Description7 EAST EL PASO 17 & 18 (7000 SQ FT)
Census Tract002900
Assessed Land Value$19,250
Assessed Improvement Value$402,840
Assessment Year2025

About this property

Excellent investment opportunity! This multifamily/apartment complex features 10 residential and 2 commercial units, making it a versatile income-producing property. With 80% of the units remodeled, tenants enjoy updated and comfortable living spaces. Strategically located in the Empowerment Zone, one of the most accessible areas to/from Ciudad Juárez, this property offers high demand and growth potential. The commercial units provide additional revenue streams, contributing to a 7.04% CAP rate, making it ideal for investors seeking a solid return. Don't miss this chance to own a prime asset in a thriving location!

Investor Tools

$10,182Estimated Mortgage Balance
$411,908Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Luis Portugal

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$886/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,523
$422,090
2025
$19,250
$402,840
$422,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,523
$422,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alamo Home Finance Inc
Commercial
$14,525
No
First
Mar 25, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,182
$411,908
97%
2%
$88/mo

City: El Paso