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$499,000

7600 Alabama St, El Paso, TX, 79904

$648,700 ARVInfo
Under ContractInfo
CommercialInfo
Baths0 Bath
Baths6,470 Sq Ft
Year BuiltBuilt in 1976

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling

Exterior

Lot Size23,850 sqft

Building Information

Year Built1976
Roof Type105

Land Information

APNA750-999-000B-5000
SubdivisionA Arnold Foothills
Land UseCommercial
Legal DescriptionB ARNOLD FOOTHILLS S PT OF TR 6 (23850 SQ FT)
Census Tract000401
Assessed Land Value$103,986
Assessed Improvement Value$278,532
Assessment Year2025

About this property

A rare opportunity to own one of El Paso's most beloved restaurant landmarks! Nestled in the scenic foothills of the Franklin Mountains, this legendary steakhouse has served the community for over 50 years and boasts unparalleled panoramic views of East El Paso. Includes a large kitchen, large dining area, large cozy bar, outdoor entertainment space, large parking lot, a wine cellar, and hand painted murals throughout. The sale includes all systems, decoration, furnishings, and equipment.

Investor Tools

$377,436Estimated Mortgage Balance
$5,082Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$648,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,003/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,125
$382,518
2025
$103,986
$278,532
$382,518
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,125
$382,518

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gem Financial Llc
Commercial
$435,700
No
First
Aug 23, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$377,436
$5,082
1%
99%
$2,613/mo

Learn About the Market: Opportunity in El Paso

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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.

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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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7600 Alabama St | Property Details | No Agent List