114 NW DAVIS STREET, FABENS, TX 79838

Homes for sale in Fabens.

Homes for sale in 79838.


Active

List Price$625,000

114 NW Davis Street

Fabens, TX 79838

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #950580

6,300

Square Feet

Condo

Type

About This Property

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

Property Features

Location Information

County

El Paso

Longitude

-106.156315

Latitude

31.505256

Subdivision

Fabens

Interior Features

Heating

Central

Appliances

Refrigerator, Range Hood, Gas Cooktop

Cooling

Ceiling Fan(s), Refrigerated

Tenant Pays

Electricity, Gas

Floors

Tile

Total Number of Units

9

Exterior Features

Construction

Adobe, Block

Parking Description

Assigned

Roof

Flat, Shingle

Lot Size in Acres

0.23

Water Source

City

Lot Size in Sq. Ft.

10,018

Septic or Sewer

Public Sewer

Zoning

C1

Utilities

All City, All Utilities

School

School District

Fabens

Middle School

Fabens

Elementary School

Fabens

High School

Fabens

Additional Information

Property Type

CND

Tax Year

2025

Property SubType

Quadruplex

Tax Amount

$7,716

Year Built

2019

Similar Listings

Mortgage Calculator

$2,917

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$2,252

Monthly Tax

$520

Monthly Insurance

$145

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Real Estate IDX Powered by iHomefinder