1 month on rocket

501 E Cliff Dr, El Paso, TX, 79902

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
2,968 SqFt
$152/SqFt
Multi

Location

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501 E Cliff Dr, El Paso$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1925
HeatingForced Air, Natural Gas
CoolingEvaporative Cooling, Window Unit(s)
MLS #913046
Lot Size0.83 Acres
StatusActive

About 501 E Cliff Dr

This property offers significant potential, making it an excellent addition to any investment portfolio. With strong cash flow prospects and the opportunity for further growth, it presents a solid financial opportunity. The property consists of five units, including four studio apartments and one three-bedroom unit. Additionally, the spacious basement, which spans over 1,000 square feet, provides further possibilities for expansion or rental income. Conveniently located near UTEP and downtown, this well-maintained property is ideally positioned for both tenants and long-term growth.

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 2,968 SqFt

Listing Office:

  • Office Name: Real Estate Consulting Firm
  • Office Email: rosarioarroyo@elpasorealestateconsultants.com
  • Listing Agent: Hector Arroyo

Interior Features

Interior Information:

  • Appliances: Refrigerator, Gas Cooktop
  • Flooring Type: Laminate, Wood

Exterior Features

Parking Information:

  • Parking: On Street

Virtual/3D Tour

  • Virtual Tour: 501 E Cliff Dr
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Lot Features

Lot Information:

  • Lot Size: 0.83 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Evaporative Cooling, Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $152/SqFt

Tax Information:

  • Annual Amount: $4,685
  • 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

$264.9K

Med. Price/SqFt

$155

Avg. Days On Market

106

# of Sold Homes

470

501 E Cliff Dr vs El Paso

35 DAYS ON ROCKET

-71 Days

$450,000

+$185K More

$152/SqFt

-$3 Less

KEY TAKEAWAY

This property is $185K more than the Median List Price and $3/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: #913046

Listing Office:

  • Office Name: Real Estate Consulting Firm
  • Office Email: rosarioarroyo@elpasorealestateconsultants.com
  • Listing Agent: Hector Arroyo

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 © 2025 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: 1/7/2025, 10:21:02 AM 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$4,685$150,053
2019$4,411$150,053
2018$4,412$147,387
2017$4,305$145,469

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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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-853505
8
/10

  • Lamar Elementary School

  • 1440 E Cliff Dr

  • 0.77 miles

  • Public District Grades EE-5

school-card-donut-853506
6
/10

  • Mesita Elementary School

  • 3307 N Stanton St

  • 1.15 miles

  • Public District Grades EE-5

school-card-donut-853507
7
/10

  • La Fe Preparatory School

  • 616 E Father Rahm Ave

  • 1.31 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,833. Typical income of El Paso, TX residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›El Paso County›El Paso›79902›501 E Cliff Dr

This home is located at 501 E Cliff Dr in El Paso, TX and zip code 79902 in the El Paso High neighborhood. This 2,968 square foot home, which was built in 1925, sits on a 0.83 acre lot. It has been listed on Rocket Homes since December 02, 2024 and is currently priced at $450,000.

The inventory of homes for sale in El Paso, TX between November 2024 and December 2024 decreased by 4.4%. In December 2024, listings were on the market for 106 days. During the same period, the median list price in this real estate market was $264,997.

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

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