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$272,619

NAL Estimated Property Value

8316 Mercury St, El Paso, TX, 79904

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,206 Sq Ft
price_per_sqft$160.92 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating Space/SuspendedHeating Space/Suspended
AppliancesSee Remarks, Washer Hookup
FlooringTile

Exterior

Lot Size34,600 sqft

Building Information

Year Built1958
Stories1
Roof Type106

Land Information

APNS912-999-001A-4900
SubdivisionSunrise Acres #1
Land UseResidential
Legal DescriptionSUNRISE ACRES #1 6 EXC S 45 FT
Census Tract000403
Assessed Land Value$57,789
Assessed Improvement Value$214,830
Assessment Year2025

About this property

This property is a fantastic opportunity with nearly an acre of land and three fully remodeled units. All units include refrigerated air and central heater. 2 units offer 1 bed, 1 bath, kitchen and living area. The third, offers 2 bed, 1 bath, kitchen and living area. Located in a prime area, it not only generates rental income but also offers significant potential for future commercial development on the remaining land. With all three units currently rented, the property is already an income-generating asset, and the extra space allows for a variety of possibilities, whether for expanding the current business or exploring new ventures. The location is ideal, and the potential for growth and development makes this an exciting investment opportunity.

Investor Tools

Property Icon
$272,619
Estimated Property Value
$257,089Estimated Mortgage Balance
$15,530Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,630
$272,619
2025
$57,789
$214,830
$272,619
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,630
$272,619

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Weststar Bank
Building Or Construction Loan
$262,500
No
First
Mar 31, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,089
$15,530
5%
94%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$1,574/mo
$-213/mo
6.0%

City: El Paso

8316 Mercury St | Property Details | No Agent List