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$373,598

NAL Estimated Property Value

400 ASCENCION Street B, El Paso, TX, 79928

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,610 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating Forced Air UnitHeating Forced Air Unit

Exterior

Lot Size2.32 acres

Building Information

Year Built2007
Roof Type158

Land Information

APNC495-000-0010-0100
Lot Number1
SubdivisionChurch Of God Site
Land UseCommercial
Legal Description1 CHURCH OF GOD SITE LOT 1 (2.321 AC)
Census Tract010335
Assessed Land Value$126,378
Assessed Improvement Value$247,220
Assessment Year2025

About this property

Looking for a place to operate your business or looking for a commercial property to hold for different types of businesses? Located in an area of current residential and commercial development. Take advantage of this incredible 5 acres featuring 3 garages/warehouses. This property is ideal for commercial developments, warehouse, automotive shop, transportation, construction/landscaping yard, etc. Located within close proximity to the growing area of Horizon. This lot can be purchased individually for $375,000 or sold together with an adjacent 2.32 Acre lot for a total of 7.32 acres for a price of $855,000. Take advantage of this place with uncapped potential.

Investor Tools

Property Icon
$373,598
Estimated Property Value
$293,949Estimated Mortgage Balance
$79,649Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,242 /month
Positive
Cash Flow Estimate:
$747 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$975/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,832
$373,598
2025
$126,378
$247,220
$373,598
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,832
$373,598

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Upscale Properties Corp
Purchase Money Mortgage
$310,000
No
First
Jul 25, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,949
$79,649
21%
79%
$1,859/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.

Explore Texas Explore This Area
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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400 ASCENCION Street B | Property Details | No Agent List