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This strategically-located property sits directly on Alameda Rd. (Main Street) at the intersection of Socorro Rd. and Alameda Rd. Its prime location is directly across from the University Medical Center, adjacent to El Paso County Emergency Services, and only a block away from Dollar General. The area is surrounded by multiple businesses, making it an ideal site for developments such as apartments, fast-food establishments, or a shopping center. The property encompasses 6.42 acres, with 5.42 acres currently utilized for alfalfa farming. Production is currently 76 tons. The property includes irrigation rights and is serviced by two wells. The land hosts approximately 10 mature producing pecan trees. The 1674sqft home, built in 1901, has 5 bdrms, 1 bath and a detached 2 car garage. The home is equipped with evap. air, city utilities and has a septic system. A 2,100-square-foot metal barn is present on the property. It includes 2 large doors suitable for storing farm equipment and is equipped with electricity.

This strategically-located property sits directly on Alameda Rd. (Main Street) at the intersection of Socorro Rd. and Alameda Rd. Its prime location is directly across from the University Medical Center, adjacent to El Paso County Emergency Services, and only a block away from Dollar General. The area is surrounded by multiple businesses, making it an ideal site for developments such as apartments, fast-food establishments, or a shopping center. The property encompasses 6.42 acres, with 5.42 acres currently utilized for alfalfa farming. Production is currently 76 tons. The property includes irrigation rights and is serviced by two wells. The land hosts approximately 10 mature producing pecan trees. The 1674sqft home, built in 1901, has 5 bdrms, 1 bath and a detached 2 car garage. The home is equipped with evap. air, city utilities and has a septic system. A 2,100-square-foot metal barn is present on the property. It includes 2 large doors suitable for storing farm equipment and is equipped with electricity.

PN-244180 Alameda Avenue, Fabens

Exceptional income-producing opportunity in growing Fabens, TX! Offered at approximately $78,000 per APARTMENT unit, an outstanding value that would be extremely difficult to duplicate at today's new-construction costs. This well-maintained 8-unit complex is 100% occupied and includes 2 studios, 1 one-bedroom and 5 two-bedroom units. Each unit features a full kitchen and bath, stove, refrigerator and A/C. Excellent tenant retention, with residents staying 2-6 years and two tenants since opening in 2020. Property includes 12 Wi-Fi/app-accessible security cameras, providing added peace of mind for tenants. Coin-operated laundry with 2 washers/2 dryers generates approximately $250-$350 monthly additional income. Landlord pays water; tenants pay electricity and gas. Turnkey investment with established income and strong rental history! DO NOT DISTURBED TENANTS

Exceptional income-producing opportunity in growing Fabens, TX! Offered at approximately $78,000 per APARTMENT unit, an outstanding value that would be extremely difficult to duplicate at today's new-construction costs. This well-maintained 8-unit complex is 100% occupied and includes 2 studios, 1 one-bedroom and 5 two-bedroom units. Each unit features a full kitchen and bath, stove, refrigerator and A/C. Excellent tenant retention, with residents staying 2-6 years and two tenants since opening in 2020. Property includes 12 Wi-Fi/app-accessible security cameras, providing added peace of mind for tenants. Coin-operated laundry with 2 washers/2 dryers generates approximately $250-$350 monthly additional income. Landlord pays water; tenants pay electricity and gas. Turnkey investment with established income and strong rental history! DO NOT DISTURBED TENANTS

114 Nw Davis Street, Fabens

Owner finance opportunity in the small-town environment of Fabens. Well located across for schools with easy access to everything in town. This listing is submitted subject to errors, omissions or changes without notice. All information is deemed reliable but is not guaranteed. Please verify this information prior to taking any action.

4 Beds ⋅ 3 Baths ⋅ 949116 MLS

Owner finance opportunity in the small-town environment of Fabens. Well located across for schools with easy access to everything in town. This listing is submitted subject to errors, omissions or changes without notice. All information is deemed reliable but is not guaranteed. Please verify this information prior to taking any action.

631 Mike Maros Street, Fabens