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    1311 Myrtle Ave El Paso, TX 79901

    Sponsored
    For Sale
    $305,000

    COMMERCIAL - El Paso, TX

    Lot size:
    0.14 Acres
    Days on Market:
    74
    Last Refresh:
    Jan 8 at 5:06 am

    Property Features for 1311 Myrtle Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C4
    APN
    F60799903106100
    Fireplace
    1
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Evaporative Cooling

    Building Details

    Floors in Building
    2
    Building materials
    Stucco

    KB Your Real Estate Experience (915) 857-4000

    Listing agent Anibal Olague (915) 443-8859

    Listing date Oct 27, 2025

    Copyright © 2025 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leased Multifamily Property in El Paso

    This is a fully leased multifamily property, presenting an investment opportunity. The property includes a total of 5 units, consisting of one two-bedroom/one-bath apartment and four one-bedroom/one-bath apartments. The asset is well-maintained and provides immediate cash flow with established tenants. Situated in a strong rental market, the property at 1311 Myrtle Ave, El Paso, TX 79901 offers consistent income and long-term appreciation potential. The lot size is 0.14 acres. It is an ideal turnkey addition to any portfolio. The zoning is C4.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.475874
    Latitude
    31.765276

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    FAQs

    What type of property is this?
    Apartment building - Fully leased 5-unit multifamily property in a strong rental market.
    Where is this apartment building located?
    The property is located at 1311 Myrtle Ave El Paso, TX.
    What is the asking price?
    The asking price for this property is $305,000.
    What are key features of this property?
    This property features: - Fully leased with established tenants, providing immediate cash flow.; - Multifamily property with 5 units: one 2-bedroom/1-bath and four 1-bedroom/1-bath apartments.; - Located in a strong rental market, offering consistent income and long-term appreciation potential.
    (915) 443-8859
    Request Owner's contact information
    1311 Myrtle Ave El Paso, TX 79901
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    El Paso, TX 79901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1311 Myrtle Ave El Paso, TX 79901
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