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$850,000

NAL Estimated Property Value

8740-8744 North Loop Drive, El Paso, TX, 79907

Off MarketInfo
CommercialInfo
Baths0 Bath
Multi FamilyMulti Family
Year BuiltBuilt in 1994

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesFree-Standing Gas Oven
FlooringTile, See Remarks

About this property

Prime Investment Opportunity - 2.12 Acres with Unlimited Potential Unlock the possibilities with this rare find: four lots totaling 2.12 acres on high-visibility North Loop Dr, just off Zaragoza Blvd. Currently zoned RF, the property features two spacious homes and conveys with valuable irrigation rights. With its unbeatable location and frontage on a major thoroughfare, this site is a developer's dream. Imagine the possibilities: Rezone for commercial use and create the perfect setting for national retailers, restaurants, or medical offices. Develop a modern apartment complex in a high-demand area that's rapidly growing. Establish a business that thrives on heavy daily traffic and excellent accessibility. Opportunities like this don't come often. Whether you're an investor, builder, or visionary, this property has endless potential in one of the area's most dynamic corridors.

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$0Estimated Mortgage Balance
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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

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

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

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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8740-8744 North Loop Drive | Property Details | No Agent List