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Days443Days on Market
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$365,000

3204 Frankfort Ave, El Paso, TX, 79930

On MarketInfo
Beds9 Beds
Baths2 Bath
Baths3,539 Sq Ft
price_per_sqft$103.14 / sqft
Year BuiltBuilt in 1929

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 9Bedrooms 9
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Heating Space/SuspendedHeating Space/Suspended
CoolingCooling
AppliancesFree-Standing Gas Oven
FlooringLaminate

Exterior

Lot Size7,800 sqft

Building Information

Year Built1929
Roof Type106

Land Information

APNA520-999-0390-7100
SubdivisionAltura Park
Land UseResidential
Legal Description39 ALTURA PARK 51 & 52 & W 15 FT OF 50 (7800 SQ FT)
Census Tract001002
Assessed Land Value$35,342
Assessed Improvement Value$149,658
Assessment Year2025

About this property

Price to sell with 4 tenants already in place for your next rental investment. Located in the highly desirable Altura Park neighborhood, this quadplex offers an exceptional opportunity for investors or owner-occupants looking to own a multi-unit property in one of the most sought-after areas of the city. Just a short walk to Austin High School, this property is ideally situated for easy access to local schools, parks, shopping, and dining. Unit A: 3 BD/1BA Unit B: 2 BR/1BA Unit C: 2BR/1BA Unit D: 2 BR/1BA All units rented

Investor Tools

Property Icon
$385,000
Estimated Property Value
$240,000Estimated Mortgage Balance
$149,586Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Cassandra Rosales

eXp Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,802
$185,000
2025
$35,342
$149,658
$185,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,802
$185,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Funder Llc Series 106692
Commercial
$240,000
No
First
Jul 30, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,490
$3,510
1%
61%
$1,439/mo

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

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3204 Frankfort Ave | Property Details | No Agent List