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$159,500
58 Rene Drive, El Paso, TX, 79938
0 BathAbout this property
Looking for place to operate your business or looking for a commercial property to hold for Speculative purposes? Located in an area of current residential and commercial development. Lot is being sold for commercial purposes.Take advantage of this incredible 2 acre lot in one of the fastest growing parts in East El Paso. This property is ideal for commercial developments, warehouse, automotive shop, transportation and logistics company, construction/landscaping yard, etc. Located within close proximity to Montana, Zaragoza, and Edgemere. This lot can be purchased individually for $159,500 or sold together with an adjacent 2 Acre lot for a total of 4 acres for a price of $295,000. Take advantage of this undeveloped land with uncapped potential before prices increase again due to incoming expansion and utilities.
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Learn About the Market: Opportunity in El Paso
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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.
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Population Growth
0.6%
Net Migration
Stable
Median Home Price
$184,500
Unemployment Rate
4.0%
Price Trend
+1.6% YoY
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City: El Paso
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