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Days42Days on Market
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$550,000

3701 Fred Wilson Avenue, El Paso, TX, 79904

On MarketInfo
CommercialInfo
Baths0 Bath
Baths4,887 Sq Ft

Highlights

Interior

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

Exterior

Lot Size12,360 sqft

Building Information

Year Built1958
Roof Type105

Land Information

APNL447-999-073A-4100
SubdivisionLogan Heights
Land UseResidential
Legal Description73-A LOGAN HEIGHTS 5 TO 8 (12360 SQ FT)
Census Tract000600
Assessed Land Value$16,439
Assessed Improvement Value$498,671
Assessment Year2025

About this property

Phenomenal investment opportunity awaits you here. Desirable 10-unit multifamily property in Northeast El Paso's Logan Heights. This mid-century brick construction spans approximately 4,887 square feet and sits on a generous 0.28-acre lot. The property consists of ten functional 1-bedroom units that have consistently shown rental flow. Strategic upgrades include a brand-new roof installed in August 2023, ensuring long-term structural integrity and reduced maintenance costs. The complex is designed for ease of management and tenant satisfaction, featuring a central courtyard with a barbecue area perfect for outdoor entertainment. Residents benefit from essential amenities including on-site laundry facility and off-street parking with a ratio of nearly two spaces per unit. Its unparalleled location offers immediate proximity to Fort Bliss, US-54.

Investor Tools

Property Icon
$515,110
Estimated Property Value
$0Estimated Mortgage Balance
$113,503Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Cassandra Rosales

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,760
$515,110
2025
$16,439
$498,671
$515,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,760
$515,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Velocity Commercial Capital Llc
Commercial
$420,000
No
First
Dec 13, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,607
$113,503
22%
78%
$2,519/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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3701 Fred Wilson Avenue | Property Details | No Agent List