




$5,000,000
500 PEYTON Road, El Paso, TX, 79928
About this property
Welcome to Jardines Arco Iris! The opportunity to own one of the best and most well known event centers in the Horizon/Eastlake area is here! Family owned and operated for over 20 years, this property has it all! Outdoors, indoors, a property that is ready for a new owner to take over and take it to the next chapter! Jardines Arco Iris is sitting on a two acre lot right in the heart of Horizon and offers 3000 square feet of space to be used for quinceaneras, weddings, office parties, or any type of event. Private office, bar, private suite, restrooms, warehouse, and much more! Everything is included in the sale!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: El Paso
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