512 Center Way, El Paso, TX 79915
El Paso County
Key Facts
Description
Discover an exceptional investment opportunity at 512 Center Way Apartments, an 11-unit multifamily complex in the vibrant 79915 ZIP code of El Paso, Texas. Nestled in the Santa Lucia neighborhood, this well-maintained property offers easy access to shopping centers like San Jose Plaza and North Loop Shopping Center, all within a 10-11 minute walk, alongside nearby parks such as Ascarate Park just 7 minutes away by car. Its prime location stands out, being only 3 minutes or 1.5 miles from El Paso Community College (EPCC) Valle Verde campus, making it highly attractive for student renters seeking convenience. Comprising spacious two-story townhomes with 2-3 bedrooms, 1-1.5 baths, and approximately 1,000 sq ft each, the complex features modern designer colors, open floor plans, refrigerated air units. This turnkey investment promises strong rental demand due to its location, conditions, and area demand. Contact us today to secure this gem!
Property Information
Property Type
Commercial Sale
Stories
2
Lot Size
0.48 acres
Zoning
A2
Days on Market
1
MLS® Listing#
943064
Property Features
Financial Details
Annual Taxes
$2,025
Parcel Number
N44299900602500
Affordability Calculator
$299,700
Estimated monthly payment
$7,976/mo
Principal $1,198,800 · Est. interest $1,672,433 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in El Paso, TX
- $324,909
- Median Listing Price
- 70
- Median Days on Market
- 1,941
- Median Sq Ft
- $169
- Median Price / Sq Ft
- 2,129
- Active Listings
- This home’s price is 361% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in El Paso, TX.
Location
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Points of Interest in El Paso, TX
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| TBD Saint Vitus, El Paso, TX | $1,050,000 | — | — | — |
| 5238 WHITE OAK Drive, El Paso, TX | $1,099,000 | 5 | 5 | 4,693 |
| 1281 Desert Night Street, El Paso, TX | $1,099,000 | 4 | 4 | 3,270 |
| 360 Acres San Felipe Street, El Paso, TX | $1,100,000 | — | — | — |
| 709 WOODFIELD Drive, El Paso, TX | $1,100,000 | 5 | 5 | 3,978 |
| 135 Shadow Mountain Drive, El Paso, TX | $1,112,388 | — | — | — |
Moving Cost Estimate
EXIT Agents in El Paso
Listing Courtesy: Cap Rate Real Estate Group - 9154438859
Presented by: Anibal Olague