114 NW DAVIS STREET, FABENS, TX 79838
Homes for sale in Fabens.
Homes for sale in 79838.
List Price$625,000
114 NW Davis Street
Fabens, TX 79838
Listing #950580
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
Walk Score
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