Property Attributes
- MLS#950580
- TypeSingle Family
- Listing Status Active
- CountyEl Paso
- CityFabens
- NeighborhoodFabens
- Zip79838
- Style
- Year Built2019
- Taxes$ 7716
- Price$ 625,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6300
- Lot Size0.23 Acres
Data Source:
Greater El Paso Association of REALTORS® (GEPAR)
Property Description
Exceptional income-producing opportunity in growing Fabens, TX! Offered at approximately $78,000 per APARTMENT unit, an outstanding value that would be extremely difficult to duplicate at today's new-construction costs. This well-maintained 8-unit complex is 100% occupied and includes 2 studios, 1 one-bedroom and 5 two-bedroom units. Each unit features a full kitchen and bath, stove, refrigerator and A/C. Excellent tenant retention, with residents staying 2-6 years and two tenants since opening in 2020. Property includes 12 Wi-Fi/app-accessible security cameras, providing added peace of mind for tenants. Coin-operated laundry with 2 washers/2 dryers generates approximately $250-$350 monthly additional income. Landlord pays water; tenants pay electricity and gas. Turnkey investment with established income and strong rental history! DO NOT DISTURBED TENANTS
| Elementary School | Middle School | High School |
|---|---|---|
| Fabens Elementary School | Fabens Middle School | Fabens High School |
| Price History | |
|---|---|
| 9/3/2026 | Listed $625,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Ceiling Fan(s),Refrigerated |
| Utilities | All City,All Utilities |
| Roof | Flat,Shingle |
| Appliances | Refrigerator,Range Hood,Gas Cooktop |
| Zoning | C1 |
| Construction Materials | Adobe,Block |
| Year Built | 2019 |
| Tenant Pays | Electricity,Gas |
| Property Subtype | Quadruplex |
| Tax Year | 2025 |
| OwnerPays | Water |
| County | El Paso |
| Property Type | Residential Income |
| Attached Garage | false |
| Subdivision Name | Fabens |
| Building Features | CTV Area,Laundry Equip - Owned,Outside Lights |
| Other Structures | Storage |
| Status | Active |
| High School | Fabens |
| City | Fabens |
| High School District | Fabens |
| Number Of Units Total | 9 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 10018.8 |
| Elementary School | Fabens |
| Tax Annual Amount | 7716 |
| Middle/Junior High School | Fabens |
| Virtual Tour | https://www.propertypanorama.com/instaview/gepar/950580 |
Interior Features
| Flooring | Tile |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Parking Features | Assigned |
|---|---|
| Water Source | City |
| Lot Size Area | 0.23 |
| Building Area Total | 6300 |
| Lot Size Acres | 0.23 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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