5 Acres of Undeveloped Land - Section 3

Vacant Land for Sale
Catylist Listing ID: 30665676
Gross Land Area: 5 Acres
Sale Price: $215,000
Unit Price: $43,000 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 11/11/2020

Overview / Comments

Recently listed and in high demand, this is an unimproved five acre parcel in Section 3, El Paso County, Texas. This parcel is in the path of growth for East El Paso, Texas. Soon, Montwood Street and Amistoso will open, and this 5-acre parcel will have frontage on Amistoso with access to Montwood. This property is currently priced at $.90 per square foot or $39,000.00 an acre. It is a great property for a buy and hold investment, or for development. This property is not zoned, so any use is currently permitted.

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Additional Details

Nearest MSA: El Paso
County: El Paso
Tax ID/APN: X57900030300470
Zoning: NONE
Legal Description: 79 TSP 3 SEC 3 T & P ABST 2147 E 1/2 OF 1/4 OF NE 1/4 OF NW 1/4 (5.00 AC)
Zoning Description: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,660 95,853 198,776
Median Age: 26.06 28.48 30.43
Households: 1,286 27,597 59,431

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