$850,000

8740 N Loop Dr El Paso, TX 79907

Penrose Neighborhood

Estimated payment $5,380/month

Total Views 10,206
-- Bed
-- Bath
3,344 Sq Ft
$254 Price per Sq Ft

Highlights

  • 2.12 Acre Lot
  • Refrigerated Cooling System
  • Central Heating
  • Del Valle High School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

Prime Investment Opportunity - 2.12 Acres with Unlimited Potential

Unlock the possibilities with this rare find: four lots totaling 2.12 acres on high-visibility North Loop Dr, just off Zaragoza Blvd. Currently zoned RF, the property features two spacious homes and conveys with valuable irrigation rights.

With its unbeatable location and frontage on a major thoroughfare, this site is a developer's dream. Imagine the possibilities:

Rezone for commercial use and create the perfect setting for national retailers, restaurants, or medical offices.

Develop a modern apartment complex in a high-demand area that's rapidly growing.

Establish a business that thrives on heavy daily traffic and excellent accessibility.

Opportunities like this don't come often. Whether you're an investor, builder, or visionary, this property has endless potential in one of the area's most dynamic corridors.

Listing Agent

Penny Lares

Four Winds-Cuatro Vientos Realty License #0612120 Listed on: 09/07/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,597

Year Built

  • Built in 1994

Lot Details

  • 2.12 Acre Lot
  • Property is zoned RF

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,344 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Free-Standing Gas Oven
  • Washer and Dryer

Schools

  • Missionv Elementary School
  • Valleyvw Middle School
  • Delvalle High School

Utilities

  • Refrigerated Cooling System
  • Central Heating
  • Individual Gas Meter

Community Details

  • 2 Units
  • Ysleta Subdivision

Listing and Financial Details

  • Assessor Parcel Number 121930,256142,365453,260334,

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,597

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: House Plus Unit(s)
  • Year Built: 1994
  • Subdivision Name: Ysleta
  • Mobile Length: 2
  • Mobile Width: 2
  • Location Tax Legal:Zoning2: RF
  • Location Tax Legal:Elementary School: Missionv
  • Location Tax Legal:Middle School: Valleyvw
  • Location Tax Legal:High School: Delvalle
  • Location Tax Legal:Apx Yearly Taxes: 11597.0
  • Location Tax Legal:Tax Year2: 2025
  • Location Tax Legal:Parcel ID: 121930,256142,365453,260334,
  • General Property Info:Apx Acres2: 2.12
  • Water:City5: Yes
  • Flooring:Tile2: Yes
  • General Property Info:Apx SqFt LotLand2: 92177.31
  • 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: No
  • Amenities:WasherDryer HU In Unit: Yes
  • Roof:Shingle: Yes
  • Metering:Individual Gas: Yes
  • Special Listing Conditions:Fixer Upper: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Appliances Included:Free-Standing Gas Oven2: Yes
  • Metering:Individual Water: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, See Remarks

Exterior Features

  • Roof: Shingle
  • Acres: 2.12
  • Construction Type: Brick
  • Construction:Brick2: Yes

Garage/Parking

  • Parking Features: See Remarks

Utilities

  • Appliances: Free-Standing Gas Oven
  • Cooling: Ceiling Fan(s), Refrigerated
  • Heating: Central
  • Utilities: All City, All Utilities
  • Sewer: Public Sewer
  • Green Building Features: Washer/Dryer H/U In Unit
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: City
  • Heating:Central: Yes

Schools

  • Junior High Dist: Ysleta
  • Middle Or Junior School: Valleyvw

Lot Info

  • Parcel Number: 121930,256142,365453,260334,
  • Zoning: RF
  • Lot Size Sq Ft: 92347.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Year: 2025
  • Tax Annual Amount: 11597.0

MLS Schools

  • Elementary School: Missionv
  • HighSchool: Delvalle

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
2025 $5,241 $202,030 $18,278 $183,752
2024 $5,241 $190,833 $7,081 $183,752
2023 $5,370 $184,497 $7,081 $177,416
2022 $5,331 $171,666 $7,081 $164,585
2021 $3,372 $103,741 $7,081 $96,660
2020 $3,066 $97,066 $7,081 $89,985
2018 $2,973 $95,591 $7,081 $88,510
2017 $2,860 $93,573 $7,081 $86,492
2016 $2,860 $93,573 $7,081 $86,492
2015 $1,757 $93,573 $7,081 $86,492
2014 $1,757 $95,515 $7,081 $88,434
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2025 09/07/25 For Sale $850,000 -- $254 / Sq Ft
Source: Greater El Paso Association of REALTORS®

Source: Greater El Paso Association of REALTORS®

MLS Number: 929849

Greater El Paso Association of REALTORS®

APN: Y805-999-0070-0221

Texas El Paso County El Paso 79907 Penrose

8740 N Loop Dr, El Paso, TX

For Sale

Detached

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Greater El Paso Association of REALTORS® The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than Ten-X are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.

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Penny Lares
Listing Agent
Penny Lares
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Four Winds-Cuatro Vientos Realty
(915) 615-2409
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