7 months on rocket

3500 Alameda Ave, El Paso, TX, 79905

$775,000

Home List Price

$9,203*

Closing Credit

0 Baths
5,180 SqFt
$150/SqFt
Multi

Location

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3500 Alameda Ave, El Paso$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingStreet Only
Year Built1935
HeatingNatural Gas
CoolingEvaporative Cooling
MLS #898655
Lot Size0.16 Acres
StatusActive

About 3500 Alameda Ave

THIS GREAT PROPERTY IS A PRIME INVESTMENT FOR ANYONE WANTING TO BUILD THEIR PORTFOLIO. 10 UNIT PROPERTY CONSISTING OF 8 STUDIO APARTMENTS, ONE 1 BEDROOM APARTMENT, AND 1 COMMERCIAL UNIT WITH ALAMEDA FRONTAGE. OF THE 9 UNITS, 8 ARE FACING GRAMA STREET AND ONE IS FACING ALAMEDA. ALL UNITS ARE LARGE STUDIOS. ONE UNIT HAS BEEN REMODELED INTO A 1 BEDROOM 1 BATHROOM FLOOR PLAN. ALL UNITS ARE CURRENTLY RENTED TO VERY CONSISTENT AND RELIABLE TENTANTS. NEW ROOF, NEW EXTERIOR PAINT, NEW FRONT AND BACK METAL DOORS. UNITS HAVE EVAP COOLING. GAS AND ELECTRIC HAVE SEPARATE METERS. OWNER PAYS WATER AND TRASH. SHOP TENENT PAYS OWN UTILITES. THIS PROPERTY HAS ROOM FOR IMPROVEMENT IF YOU WISH TO CONVERT THE REMAINDER OF THE UNITS AND FURTHER INCREASE THE EARNING CAPABILITY.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Living Area: 5,180 SqFt

Listing Office:

  • Office Name: New Beginnings Realty- 2064
  • Office Email: NBRGLSTX@gmail.com
  • Listing Agent: Jack David Nagel

Interior Features

Interior Information:

  • Appliances: Gas Oven
  • Flooring Type: Tile, Vinyl

Exterior Features

Parking Information:

  • Parking: Street Only

Virtual/3D Tour

  • Virtual Tour: 3500 Alameda Ave
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Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Evaporative Cooling

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $150/SqFt

Tax Information:

  • Annual Amount: $6,969
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in El Paso, TX.

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El Paso, TX

City

Med. List Price

$265.5K

Med. Price/SqFt

$155

Avg. Days On Market

92

# of Sold Homes

521

3500 Alameda Ave vs El Paso

239 DAYS ON ROCKET

+147 Days

$775,000

+$509.4K More

$150/SqFt

-$5 Less

KEY TAKEAWAY

This property is $509.4K more than the Median List Price and $5/SqFt less than other homes in El Paso, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater El Paso Association of REALTORS®
  • MLS Number: #898655

Listing Office:

  • Office Name: New Beginnings Realty- 2064
  • Office Email: NBRGLSTX@gmail.com
  • Listing Agent: Jack David Nagel

IDX The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurateby the MLS. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright © 2024 The Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/21/2024, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,969$223,210
2019$6,681$223,210
2018$6,681$223,210
2017$6,606$223,210

History based on county public records data.

Payment Calculator

$3,935

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-400615
6
/10

  • Zavala Elementary School

  • 51 N Hammett St

  • 0.33 miles

  • Public District Grades EE-5

school-card-donut-400616
6
/10

  • Douglass Elementary School

  • 101 S Eucalyptus St

  • 0.89 miles

  • Public District Grades EE-5

school-card-donut-400617
6
/10

  • Hillside Elementary School

  • 4500 Clifton Ave

  • 1.21 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,300. Residents of El Paso, TX typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›El Paso County›El Paso›79905›3500 Alameda Ave

This home is located at 3500 Alameda Ave in El Paso, TX and zip code 79905 in the Chamizal neighborhood. This 5,180 square foot home, which was built in 1935, sits on a 0.16 acre lot. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $775,000.

The number of listings in El Paso, TX increased by 2.7% between September 2024 and October 2024. In October 2024, listings were on the market for 92 days. During the same period, the median list price in this real estate market was $265,543.

From Rocket Homes Real Estate and based on county public records data.

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