Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
Street View of property
Street View

$525,000

1407 Arizona Ave, El Paso, TX, 79902

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,666 Sq Ft
price_per_sqft$200.68 / sqft
Year BuiltBuilt in 1926

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating Space/SuspendedHeating Space/Suspended
AppliancesSee Remarks
FlooringCeramic Tile, Carpet, Hardwood

Exterior

Lot Size4,500 sqft

Building Information

Year Built1926
Roof Type105

Land Information

APNF607-999-0880-6500
SubdivisionF Franklin Heights
Land UseResidential
Legal Description88 FRANKLIN HEIGHTS 17 & E 10 FT OF 16 & W 2.5 FT OF 18 (4500.00 SQ FT)
Census Tract002201
Assessed Land Value$20,828
Assessed Improvement Value$181,196
Assessment Year2025

About this property

Spectacular multi family property will be completed very soon. This property offers 7 completely remodeled units. All new electric, plumbing, carpet, windows, doors, tile, paint. Brand New Roof!! Each unit has its on brand new split system keeping each unit with renters customized temperature. A better value will be tough to find.

Investor Tools

Property Icon
$525,000
Estimated Property Value
$386,250Estimated Mortgage Balance
$145,552Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,256
$202,024
2025
$20,828
$181,196
$202,024
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,256
$202,024

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Savings Bank
Commercial
$386,250
No
First
May 28, 2025
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,448
$145,552
27%
72%
$2,316/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$2,316/mo
$-955/mo
3.1%

Learn About the Market: Opportunity in El Paso

Local Market Pages

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1407 Arizona Ave | Property Details | No Agent List