1305 Magoffin Avenue

El Paso, TX 79901

$485,000
Price
Beds
2,016 Sq. Ft.
$241 / Sq. Ft.
2,016
Sq. Ft.
$241
per Sq. Ft.

Description

Property eligible for NO-INCOME mortgage loan Qualify for loan without using your Tax Returns and your Paystub. As a Real Estate Investor you can avoid strict lending criteria with a type of 'no income' loan which is strictly based on the property cash flow, not your personal income. Best location, high rental demand ! 7 aparments remodeled (see photos) all apartments come with stove and refrigerator, front 4 units have refrigerated hvac and the three units on the back have new mini split systems.Property eligible for NO-INCOME mortgage loan Qualify for loan without using your Tax Returns and your Paystub. As a Real Estate Investor you can avoid strict lending criteria with a type of 'no income' loan which is strictly based on the property cash flow, not your personal income. Best location, high rental demand ! 7 aparments remodeled (see photos) all apartments come with stove and refrigerator, front 4 units have refrigerated hvac and the three units on the back have new mini split systems.
  1. Listed by Ramon Jaimes • TREC #0525249 • Jaimes Realty Inc.
    C: 915-892-2114 ramon@jare.us

Property Details for 1305 Magoffin Avenue

School District
El Paso
Subdivision
Franklin Heights
Num of Parking Spaces
6.00
Zoning
A4
Cooling
Ceiling Fan(s), Refrigerated
Construction
Brick Veneer

Location

Listing Courtesy of Jaimes Realty Inc.
Add your commute
LISTING UPDATED: 09/11/2023 01:18 PM

Property Details for 1305 Magoffin Avenue

StatusActive
MLS #866596
Days on Market638
Taxes$5,490 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 7 Units
Year Built1962
Lot Size0.16 AC / 6,969 SF
CountyEl Paso County

Location

Listing Courtesy of Jaimes Realty Inc.
Add your commute

Building Information for 1305 Magoffin Avenue

Stories-Residences-Year Built1962Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$3,104 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,647

Property Taxes

$458

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1305 Magoffin Avenue

Summary
Location and General Information
  • Buildings Total: 2
  • Elementary School: Hart
  • Middle School: Guillen
  • High School: Bowie
  • Handicap Access: No
  • County: El Paso
  • High School District: El Paso
  • Mobile Length: 2
  • Mobile Width: 7
Taxes and HOA Information
  • Tax Year: 2021
  • Tax Legal Description: CITY/MUNI/TWP:CITY OF EL PASO SUBD:F FRANKLIN HEIGHTS 32 FRANKLIN HEIGHTS E 15.5 FT OF 20 & W 19 FT OF 21 (7158.75 SQ
  • Hoa Dues: $.00
  • Tax Annual Amount: $5,490.00
Property
Lot Information
  • Apx Acres 2: .16
  • Parcel ID: F60799903206500
  • Lot Size Acres: 0.16
  • Lot Size Square Feet: 6969.6
  • Apx SqFt Lot/Land: 717.00
Property and Assessments
  • General Property Info:Flood Zone: No
  • Special Listing Conditions: None
  • Total Floor Plans Count: 0
  • Property Type: D
  • Year Built: 1962
  • Apx Sqft - Main: 2,016.00
  • Property Sub-Type: 7 Units
  • Lot Size Area: .16
  • Lot Size Units: Acres
Utilities
  • Heating: Electric
  • Water: City
  • Sewer: City
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 0
  • Total Stories Num: 2
  • Units for Sale: 7
  • Lead Paint Discl: Yes
  • Rental Info:Yearly Lease: Yes
Rental
Rental Information
  • Owner Pays: Water
  • Tenant Pays: Electricity

Property History for 1305 Magoffin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1305 Magoffin Avenue

Taxable ValueLand$17,182Additions$209,924Total$227,106
Tax Record2023$6,282 ($524 / month)
Home Facts
Baths4Total Finished SqFt2,016 SqFtAbove Grade Finished SqFt2,016 SqFtStories1Lot Size7,157 SqFtStyleDuplexYear Built1962ZoningA3CountyEL PASOAPNF607-999-0320-6500Fireplace TypeHas Fireplace

Schools near 1305 Magoffin Avenue

This home is within El Paso Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Hart Elementary School
PublicPK to 5

Guillen Middle School
Public6 to 8

Bowie High School
Public9 to 12

Telles Academy
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1305 Magoffin Avenue is a multi-family home for sale in El Paso, TX 79901. This property was listed for sale on July 15, 2022 by Jaimes Realty Inc., it's currently listed at $485,000. This listing's school district is El Paso Independent School District. Nearby schools include Hart Elementary School, Guillen Middle School and Bowie High School. 1305 Magoffin Avenue is a 0-bed, 0-bath, 2,016 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jaimes Realty Inc.

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.