tomo logo

$450,000

Beds
5
Baths
3.0
sq ft
1,587

4330 Memphis Ave, El Paso, TX 79903

4330 Memphis Ave

El Paso, TX 79903

  • 20 days on market
Welcome to this unique property featuring a spacious single-story home with an additional apartment—ideal for both living and rental income opportunities. The main home spans 1,587 square feet and offers four bedrooms and two bathrooms, perfect for families or hosting guests. Built in 2016, the separate 792-square-foot apartment exudes a modern design, complete with its own garage and private yard, creating an ideal living space for tenants or guest. Situated on a corner lot, this home offers added privacy and curb appeal. Its prime location, just minutes from Highway 54 and the Cassidy Gate at Fort Bliss, ensures convenient access to work and city amenities. Plus, a nearby park provides space for outdoor activities, making it perfect for those who value both recreation and convenience. This property is a wonderful opportunity for anyone seeking a primary residence with rental potential or for investors looking to acquire two rental units in one. Don't miss out on this versatile and attractive property

Details

Property type

Single Family Residence

Est. home value

$232,310

Lot size

6,600 sq ft

Price per sq ft

$284

Year built

1949

Annual property taxes

$3,534.43

Price History

11/02/2024
ElPaso

ElPaso #911652

Listed
$450,000

Schools & Community

Neighborhood: 

Central

Elementary school: 

Bliss

Middle school: 

Captain Gabriel Navarrete Middle School

High school: 

Austin

High school district: 

El Paso

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

City Bank Mortgage

Loan start date

July 2011

Original loan amount

$92,800

Est. remaining balance

Not provided

Interest rate

3.28%

Loan type

Credit Line (Revolving), 30 year

Seller

Manuel Romero and Laura Y Alvarado

Lender

Enrique Escobar

Loan start date

August 2009

Original loan amount

$41,667

Est. remaining balance

Not provided

Interest rate

5.2%

Loan type

Seller take-back

Seller

Manuel Romero and Laura Alvarado

Lender

Mary C Shulgay

Loan start date

August 1999

Original loan amount

$29,000

Est. remaining balance

Not provided

Interest rate

7.58%

Loan type

Seller take-back, 0 year

Seller

Manuel Romero

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 3:40 AM

Listing updated: 11/05/2024 at 7:00 PM

Listed by: Liliana Yepes, REAL Broker LLC Phone #: (915) 383-1186

MLS: ElPaso #911652

ElPaso logo

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