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$198,900

412 S Florence St Fl Orence, El Paso, TX, 79901

On MarketInfo
Beds— Beds
Baths— Bath
Baths1,800 Sq Ft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Heating Floor/WallHeating Floor/Wall

Exterior

Lot Size3,120 sqft

Building Information

Year Built1950
Stories1
Roof Type158

Land Information

APNC050-999-1400-8100
Lot Number17
SubdivisionO Campbell
Land UseResidential
Legal Description140 CAMPBELL LOT 17 (3120 SQ FT)
Census Tract001900
Assessed Land Value$18,720
Assessed Improvement Value$176,540
Assessment Year2025

About this property

Investment opportunity in the heart of Downtown El Paso! This 5-unit multifamily property located at 412 S Florence offers incredible potential for investors seeking cash flow and future upside. Currently 3 units are occupied, providing immediate rental income, while the remaining units offer value-add opportunities for renovation, lease-up, or increased rental revenue. Conveniently situated near downtown attractions, restaurants, entertainment, international bridges, and major highways, this property is positioned in a growing area with strong rental demand. Featuring approximately 1,800 sq ft on a 3,120 sq ft lot, this multifamily property presents an excellent opportunity for both seasoned and first-time investors looking to expand their portfolio in Central El Paso. Don't miss the chance to own an income-producing property in a prime urban location with endless potential.

Investor Tools

$0Estimated Mortgage Balance
$195,260Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,193 /month
Positive
Cash Flow Estimate:
$398 /month

Interested in this property?

Michelle Medrano

Home Pros Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,228
$195,260
2025
$18,720
$176,540
$195,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,228
$195,260

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$195,260
100%
0%
$0/mo

City: El Paso

412 S Florence St Fl Orence | Property Details | No Agent List