$399,999

511 E Nevada Ave Unit A-E El Paso, TX 79902

West Central Neighborhood

Estimated payment $2,642/month

-- Bed
-- Bath
2,048 Sq Ft
$195 Price per Sq Ft

Highlights

  • Multiple cooling system units
  • Outdoor Storage
  • Vinyl Flooring

About This Home

Check out this 5-unit investment property ideally located near downtown and in close proximity to UTEP. Three of the five units have been recently remodeled, featuring new mini-split systems, updated flooring, and fresh interior and exterior paint. The property also offers additional storage space, adding value for both tenants and owners. With significant improvements already completed and upside potential remaining, this is a great opportunity for investors looking to expand their portfolio in a high-demand rental area.

Listing Agent

Marco Panduro

The Real Estate Agency License #0796838 Listed on: 05/29/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,678

Year Built

  • Built in 1957

Lot Details

  • 5,663 Sq Ft Lot
  • Property is zoned A2

Home Design

  • Pitched Roof
  • Shingle Roof
  • Stucco Exterior
  • Lead Paint Disclosure

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Kitchen

  • Free-Standing Gas Oven
  • Microwave

Parking

  • Unpaved Parking
  • On-Street Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Lamar Elementary School
  • Wiggs Middle School
  • Elpaso High School

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Individual Gas Meter
  • Water Heater

Community Details

  • 5 Units
  • Alexander Subdivision

Listing and Financial Details

  • Assessor Parcel Number A46299901406900

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,678

Year Built

Built in 1957

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: House Plus Unit(s)
  • Year Built: 1957
  • Subdivision Name: Alexander
  • Mobile Length: 2
  • Mobile Width: 5
  • Location Tax Legal:Zoning2: A2
  • Location Tax Legal:Elementary School: Lamar
  • Location Tax Legal:Middle School: Wiggs
  • Location Tax Legal:High School: Elpaso
  • Location Tax Legal:Apx Yearly Taxes: 5677.7
  • Location Tax Legal:Tax Year2: 2026
  • Location Tax Legal:Parcel ID: A46299901406900
  • General Property Info:Apx Acres2: 0.13
  • Water:City5: Yes
  • General Property Info:Apx SqFt LotLand2: 5474.0
  • General Property Info:Buildings Total: 2
  • General Property Info:Total Units: 5
  • General Property Info:Total Stories _pound_: 2
  • General Property Info:Flood Zone3: No
  • General Property Info:Handicap Access: No
  • General Property Info:Lead Paint Discl: Yes
  • Roof:Shingle: Yes
  • Cooling:Window Unit(s): Yes
  • Metering:Individual Gas: Yes
  • Other Structures:Storage: Yes
  • Flooring:Vinyl2: Yes
  • Appliances Included:Free-Standing Gas Oven2: Yes
  • Metering:Individual Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Microwave2: Yes

Exterior Features

  • Roof: Pitched, Shingle
  • Acres: 0.13
  • Construction Type: Stucco
  • ConstructionSiding:Roof Pitched: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Parking Features: On Street, Unpaved, See Remarks
  • Parking:On Street: Yes
  • Parking:Unpaved: Yes

Utilities

  • Appliances: Water Heater, Refrigerator, Microwave, Free-Standing Gas Oven
  • Cooling: Other, Multi Units, Window Unit(s)
  • Heating: See Remarks
  • Utilities: All Utilities
  • Sewer: Public Sewer
  • Green Building Features: See Remarks
  • Cooling Y N: Yes
  • Water Source: City
  • Heating:See Remarks5: Yes

Schools

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

Lot Info

  • Parcel Number: A46299901406900
  • Zoning: A2
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Water

Tax Info

  • Year: 2026
  • Tax Annual Amount: 5677.7

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • Elementary School: Lamar
  • HighSchool: Elpaso

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2026 05/29/26 For Sale $399,999 -- $195 / Sq Ft
Source: Greater El Paso Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $232,500 New Conventional
Source: Public Records

Source: Greater El Paso Association of REALTORS®

MLS Number: 944818

Greater El Paso Association of REALTORS®

APN: A462-999-0140-6900

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