NOT LISTED FOR SALE

237 Colfax St Unit 237 & 239 El Paso, TX 79905

San Juan Neighborhood

Estimated Value: $126,000 - $206,000

-- Bed
-- Bath
880 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 15, 2021

Current estimated payment $1,337/month

5 Days on Market

Highlights

  • Evaporated cooling system
  • Property is near a bus stop
  • 1-Story Property
  • Ceramic Tile Flooring
  • Heating System Mounted To A Wall or Window

About This Home

As of February 2021

Two spacious one bedroom houses (880 sq feet & 936 sq feet) together in the shadow of the Texas Tech medical complex. While Texas tech has been purchasing nearby properties, these remain and are currently rented out at $495 each for a total of $990/month cash flow minus taxes and repair. You may wish to consider living in one and renting out the other. You may simply continue renting out both sides to the increasing pool of Texas Tech Medical Complex workers nearby.

Last Agent to Sell the Property

Matt Watson

Old El Paso Real Estate Co. License #0494484 Listed on: 08/12/2020

Last Buyer's Agent

Matt Watson

Old El Paso Real Estate Co. License #0494484 Listed on: 08/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,990

Year Built

  • Built in 1953

Lot Details

  • 6,098

Home Design

  • Duplex
  • Flat Roof Shape
  • Masonry
  • Lead Paint Disclosure

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Free-Standing Gas Oven
  • Washer Hookup

Parking

  • On-Street Parking
  • Unassigned Parking

Schools

  • Hawkins Elementary School
  • Henderson Middle School
  • Jefferson High School

Utilities

  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window
  • Natural Gas Connected
  • Individual Gas Meter

Additional Features

  • 6,098 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Tenant pays for all utilities, grounds care
  • Assessor Parcel Number H04299900106700

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Hadlocks Suburban Gardens Subdivision

Building Details

  • Gross Income $11,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,990

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1953
  • Co List Office Mls Id: 1606
  • Subdivision Name: Hadlocks Suburban Gardens
  • Mobile Length: 2
  • Mobile Width: 2
  • Location Tax Legal:Zoning2: R2
  • Location Tax Legal:Elementary School: Hawkins
  • Location Tax Legal:Middle School: Henderson
  • Location Tax Legal:High School: Jefferson
  • Location Tax Legal:Apx Yearly Taxes: 1990.0
  • Location Tax Legal:Tax Year2: 2020
  • Location Tax Legal:Parcel ID: H04299900106700
  • General Property Info:Apx Acres2: 0.14
  • Water:City5: Yes
  • Flooring:Tile2: Yes
  • General Property Info:Apx SqFt LotLand2: 5900.0
  • General Property Info:Buildings Total: 2
  • General Property Info:Total Units: 2
  • General Property Info:Total Stories _pound_: 1
  • General Property Info:Flood Zone3: No
  • General Property Info:Handicap Access: No
  • General Property Info:Lead Paint Discl: Yes
  • Appliances Included:Washer Hookup2: Yes
  • Metering:Individual Gas: Yes
  • Rental Info:Yearly Lease: Yes
  • Flooring:Ceramic Tile3: Yes
  • Cooling:Evaporative Cooling: Yes
  • Heating:Wall Unit(s): Yes
  • Appliances Included:Free-Standing Gas Oven2: Yes
  • Utilities:Natural Gas Connected: Yes
  • Metering:Individual Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile, Tile

Exterior Features

  • Roof: Flat
  • Acres: 0.14
  • Construction Type: Masonry
  • ConstructionSiding:Roof Flat: Yes
  • Construction:Masonry: Yes

Garage/Parking

  • Parking:Unassigned: Yes
  • Parking:Street Only: Yes
  • Parking:On Street: Yes

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Wall Unit(s)
  • Utilities: All City, All Utilities, Natural Gas Connected
  • Sewer: City
  • Green Building Features: Bus Route
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: City
  • Sewer:City4: Yes

Association/Amenities

  • Association Amenities:Bus Route: Yes

Schools

  • Junior High Dist: El Paso
  • Middle Or Junior School: Henderson

Lot Info

  • Parcel Number: H04299900106700
  • Zoning: R2
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None
  • Tenant Pays: All Utilities, Grounds Care

Tax Info

  • Year: 2020
  • Tax Annual Amount: 1990.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 11880.0

MLS Schools

  • Elementary School: Hawkins
  • HighSchool: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2013
Sold by
Carrasco Margarita
Bought by
Perseverance Group Llc
Current Estimated Value
$171,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$37,382
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,804
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perseverance Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perseverance Group Llc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2021 02/15/21 Sold -- -- --
08/17/2020 08/17/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $124,900 -- $142 / Sq Ft
Source: Greater El Paso Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $207,722 $24,316 $183,406
2023 $4,849 $175,308 $12,281 $163,027
2022 $4,841 $163,523 $12,281 $151,242
2021 $3,094 $99,102 $12,281 $86,821
2020 $1,990 $64,734 $10,679 $54,055
2018 $1,916 $64,734 $10,679 $54,055
2017 $1,710 $60,726 $10,679 $50,047
2016 $1,710 $60,726 $10,679 $50,047
2015 $1,662 $60,726 $10,679 $50,047
2014 $1,662 $60,726 $10,679 $50,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater El Paso Association of REALTORS®

MLS Number: 832079

Greater El Paso Association of REALTORS®

APN: H042-999-0010-6700