415 Lafayette Drive, El Paso, TX 79915

$185,000 Asking Price

3 beds
3 baths
1,512  sqft
Built in 1934

This versatile property offers multiple income opportunities and is perfect for investors. Situated on a generous .23-acre lot, it includes a main house, plus separate In-Law quarters that could serve as a second rental unit. Additionally, there is a spacious playroom in the back that could easily be converted into a third rental space or used as a bonus area. Whether you're looking to live in one unit and rent out the others, or rent all three for maximum return, this property has the potential to generate solid income. Don't miss out on this fantastic investment opportunity!

Features & Amenities

Interior

General:
2+ Living Areas, In-Law Quarters
Appliances:
Gas Cooktop, Range Hood
Laundry:
Gas Dryer Hookup, Washer Hookup
Flooring:
Tile, Hardwood
A/C:
true, Refrigerated
Heating:
true, Central
Fireplace:
Fireplace, Fireplaces: 0

Exterior

General:
See Remarks
Style:
1 Story
Pool:
None

Construction

Roofing:
Pitched, Flat
Windows:
No Treatments
General:
Stucco, Block

Location

HOA Amenities:
None
Originating MLS:
Greater El Paso Association of REALTORS®
School District:
Ysleta
County:
El Paso

Lot

Zoning:
R3, 5 LAFAYETTE PLACE WLY 132.95 FT OF NLY 55 FT OF 3 & WLY 132.95 FT OF SLY 20 FT OF 4 (9971 SQ FT), L12599900504600
Fencing:
Back Yard, Front Yard

Utilities

Water:
City
Sewer:
City

Financial

Source:
Greater El Paso Association of REALTORS®

This listing courtesy of:
Keller Williams Houston, Doraliz Llamas

About El Paso, TX

Housing

Number of Units
289,357
Median Home Value
$145,070
Median Rent
$756

39.64% of housing units are renter occupied.

6.94% are vacant.

Commute

Car
81.93%
Public Transportation
1.27%
Walk to Work
0.85%
Work from Home
13.93%
Other
1.74%

The median travel time to work is 22 minutes.

People

Population
808,650
Median Age
34.80
Median Household Size
3.06

Education

High School
23.12%
Associate’s Degree
9.48%
Bachelor’s Degree
16.64%
Graduate Degree
8.26%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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