Overview
- Updated On:
- May 30, 2025
- Property ID
- 270258
Description
Incredible investment opportunity on one of El Paso’s busiest corridors! Located at 5723 Alameda Ave, this property features a total of 10,618 sqft of land with multiple income-producing spaces and endless potential. The main structure includes approximately 1,678 sqft of construction plus a garage and covered area ideal for an auto repair shop currently leased for $1,400/month.
The front retail space (approx. 290 sqft) is leased for $400/month and perfect for a small business like a barber or stylist. There’s also a 1-bedroom apartment of about 700 sqft generating $900/month in rental income. Additionally, a detached home of roughly 1,000 sqft could bring in another $1,000/month—currently owner-occupied but easily rentable.
Live on-site, run your business, or lease out all units for strong cash flow. With the flexibility to configure the property to fit your needs, this is a unique opportunity for both owner-users and investors looking to establish or expand in a high-visibility, high-traffic location
Address: 5723 ALAMEDA Avenue, El Paso, TX 79905
City: El Paso
Area: Alameda Acres N
State/County: El Paso
Zip: 79905
Country: United States
Property Id: 270258
Price: $ 310,000
Property Lot Size: 0 ac
TaxAnnualAmount: 5938
InternetConsumerCommentYN: 1
InternetAutomatedValuationDisplayYN: 1
StreetNumberNumeric: 5723
ContractStatusChangeDate: 2025-05-29
ListAgentFullName: Fernando Bustamante
InternetAddressDisplayYN: 1
OnMarketDate: 2025-05-30
InternetEntireListingDisplayYN: 1
ListAgentLastName: Bustamante
Cooling: Evaporative Cooling
CumulativeDaysOnMarket: 1
TenantPays: See Remarks
FireplacesTotal: 10618
ListingAgreement: Exclusive Right To Sell
ListAgentFirstName: Fernando
MajorChangeType: New Listing
LotSizeUnits: Acres
TaxLegalDescription: 4 ALAMEDA ACRES E 65 FT OF 10 & E 65 FT OF S 33 FT OF 9
LotSizeSquareFeet: 10454.4
ListingId: 923481
SourceSystemName: Greater El Paso Association of REALTORS®
SourceSystemKey: 20250530010626136963000000
SpecialLicenses: See Remarks
StateOrProvince: TX
ListOfficeName: Home Quest Realty
MaintenanceExpense: 7020
OriginatingSystemKey: 20250530010626136963000000
PhotosCount: 68
OtherStructures: Covered Arena,See Remarks
ListingTerms: Cash,Conventional
LockBoxType: None
GrossIncome: 46800
OriginatingSystemName: Greater El Paso Association of REALTORS®
Utilities: All City
Sewer: Public Sewer
ListingContractDate: 2025-05-29
StreetSuffix: Avenue
OriginatingSystemID: M00000595
StreetNumber: 5723
StreetName: ALAMEDA
ListOfficeMlsId: 1748
MlsStatus: Active
PostalCodePlus4: 2919
LotSizeArea: 0.24
SourceSystemID: M00000595
ParcelNumber: A43899900409100 b
ListAgentMlsId: 7720
ParkingFeatures: See Remarks
Zoning: C4
TaxYear: 2024
Heating: See Remarks
ConstructionMaterials: See Remarks,Block
DaysOnMarket: 1
StoriesTotal: 1
NewTaxesExpense: 6000
BusinessType: See Remarks
WaterSource: City
Contract_sp_Information_co_List_sp_Price2: 310000
Contract_sp_Information_co_Listing_sp_Type: Exclusive Right To Sell
Location_sp_Tax_sp_Legal_co_Zoning2: C4
Location_sp_Tax_sp_Legal_co_Water_sp_District: El Paso Water
Location_sp_Tax_sp_Legal_co_Tax_sp_Year2: 2024
Location_sp_Tax_sp_Legal_co_Parcel_sp_ID: A43899900409100 b
Location_sp_Tax_sp_Legal_co_Legal2: 4 ALAMEDA ACRES E 65 FT OF 10 & E 65 FT OF S 33 FT OF 9
Location_sp_Tax_sp_Legal_co_Zip_sp_42: 2919
Location_sp_Tax_sp_Legal_co_Flood_sp_Zone: No
General_sp_Property_sp_Info_co_Apx_sp_Acres2: 0.24
General_sp_Property_sp_Info_co_Measured_sp_By: Appraiser CAD
General_sp_Property_sp_Info_co_Improved: Yes
General_sp_Property_sp_Info_co_Unimproved: No
General_sp_Property_sp_Info_co_Lot_sp_SqFt: 10618
General_sp_Property_sp_Info_co_HVAC: Yes
General_sp_Property_sp_Info_co_Verification: Other
Remarks_sp_Misc_co_Public_sp_Remarks2: Incredible investment opportunity on one of El Paso's busiest corridors! Located at 5723 Alameda Ave, this property features a total of 10,618 sqft of land with multiple income-producing spaces and endless potential. The main structure includes approximately 1,678 sqft of construction plus a garage and covered area ideal for an auto repair shop currently leased for $1,400/month.
The front retail space (approx. 290 sqft) is leased for $400/month and perfect for a small business like a barber or stylist. There's also a 1-bedroom apartment of about 700 sqft generating $900/month in rental income. Additionally, a detached home of roughly 1,000 sqft could bring in another $1,000/month—currently owner-occupied but easily rentable.
Live on-site, run your business, or lease out all units for strong cash flow. With the flexibility to configure the property to fit your needs, this is a unique opportunity for both owner-users and investors looking to establish or expand in a high-visibility, high-traffic location
Exemptions_co_None17: 1
Lease_sp_Terms_co_None23: 1
Lockbox_sp_Type_co_None18: 1
Parking_co_See_sp_Remarks45: 1
Property_co_Other_sp_Improvements: 1
Location_co_See_sp_Remarks51: 1
Utilities_co_All_sp_City: 1
Other Features
Has Cooling System
Has Fireplace
$ 1,589.43
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 1,201.93
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