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
Move-in ready and beautifully designed, this new San Carlos Estates home features 3 bedrooms, 2 baths, and a modern open-concept layout perfect for everyday living and entertaining. Located in El Paso's growing Lower Valley near Fabens, you'll enjoy peaceful countryside views while being part of an area seeing major growth through 2026. Looking to build instead? Lot presales are also available giving you the opportunity to create a fully custom home from the ground up for a truly personalized new home experience. Open House: M-F 12-6pm Sat-Sun: 10-6pm
Move-in ready and beautifully designed, this new San Carlos Estates home features 4 bedrooms, 2 baths, and a modern open-concept layout perfect for everyday living and entertaining. Located in El Paso's growing Lower Valley near Fabens, you'll enjoy peaceful countryside views while being part of an area seeing major growth through 2026. Looking to build instead? Lot presales are also available giving you the opportunity to create a fully custom home from the ground up for a truly personalized new home experience. Open House: M-F 12-6pm Sat-Sun: 10-6pm
Fabens is located in Texas. Fabens, Texas has a population of 5,460. Fabens is more family-centric than the surrounding county with 34.95% of the households containing married families with children. The county average for households married with children is 33.08%.
The median household income in Fabens, Texas is $29,892. The median household income for the surrounding county is $50,919 compared to the national median of $69,021. The median age of people living in Fabens is 36.9 years.
The average high temperature in July is 94.8 degrees, with an average low temperature in January of 30.1 degrees. The average rainfall is approximately 9.7 inches per year, with 2.5 inches of snow per year.
