Investment Opportunity in Fabens, TX!
This affordable quadruplex offers a rare chance to stop paying rent and start investing smart. This multi-unit property features four units, ALL UNITS currently rented, providing immediate rental income from day one.
This property presents a strong opportunity to offset your mortgage with rental revenue.
Ideal for first-time investors, or anyone looking to build long-term wealth or expand their investment portfolio. Conveniently located in Fabens with easy access to surrounding areas.
Pending
Price increase: $50 (5/1)
$194,950
218 NW I Ave, Fabens, TX 79838
9beds
4baths
3,540sqft
Quadruplex
Built in 1977
-- sqft lot
$-- Zestimate®
$55/sqft
$-- HOA
What's special
- 81 days |
- 169 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Joseleen Alejandra Villegas 0843794 915-282-0094,
Catalyst Real Estate Group, El Paso, LLC,
Aaron Gamboa 0770077 915-820-4746,
Catalyst Real Estate Group, El Paso, LLC
Source: GEPAR,MLS#: 943170
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
Heating
- See Remarks
Cooling
- Has cooling: Yes
Appliances
- Included: See Remarks, Gas Water Heater
Interior area
- Total structure area: 3,540
- Total interior livable area: 3,540 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street, Unassigned, Unpaved
- Has uncovered spaces: Yes
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: P27700004800700
- Zoning: R1
- Special conditions: Lead Paint Hazard,Owner Agent
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco
- Roof: Metal,Mixed
Condition
- Year built: 1977
Utilities & green energy
- Water: City
Community & HOA
Community
- Subdivision: Park Addition to Fabens
Location
- Region: Fabens
Financial & listing details
- Price per square foot: $55/sqft
- Tax assessed value: $191,670
- Annual tax amount: $4,421
- Date on market: 5/1/2026
- Cumulative days on market: 157 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$948/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Pending sale | $194,950$55/sqft |
Source:  GEPAR #943170 Report a problem | ||
| 6/29/2026 | Contingent | $194,950$55/sqft |
Source: GEPAR #943170 Report a problem | ||
| 5/1/2026 | Price change | $194,950+0%$55/sqft |
Source: GEPAR #943170 Report a problem | ||
| 3/6/2026 | Price change | $194,9000%$55/sqft |
Source: GEPAR #937782 Report a problem | ||
| 2/25/2026 | Listed for sale | $194,950$55/sqft |
Source: GEPAR #937782 Report a problem | ||
| 2/20/2026 | Pending sale | $194,950$55/sqft |
Source: GEPAR #937782 Report a problem | ||
| 2/6/2026 | Listed for sale | $194,9500%$55/sqft |
Source: GEPAR #937782 Report a problem | ||
| 1/26/2026 | Listing removed | $195,000$55/sqft |
Source: GEPAR #929827 Report a problem | ||
| 11/16/2025 | Listed for sale | $195,000$55/sqft |
Source: GEPAR #929827 Report a problem | ||
| 10/10/2025 | Pending sale | $195,000$55/sqft |
Source: GEPAR #929827 Report a problem | ||
| 9/29/2025 | Contingent | $195,000$55/sqft |
Source: GEPAR #929827 Report a problem | ||
| 9/6/2025 | Listed for sale | $195,000$55/sqft |
Source: GEPAR #929827 Report a problem | ||
| 9/26/2024 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $191,670 -23.7% |
| 2024 | $5,250 +1.6% | $251,247 +5% |
| 2023 | $5,167 +20.1% | $239,320 +32% |
| 2022 | $4,304 +18.2% | $181,355 +23.1% |
| 2021 | $3,642 +45.1% | $147,301 +47.3% |
| 2020 | $2,510 -1.2% | $100,000 |
| 2019 | $2,540 -40.4% | $100,000 -41.9% |
| 2018 | $4,261 +130.2% | $172,120 +82.3% |
| 2017 | $1,851 +60.3% | $94,427 +94.8% |
| 2016 | $1,155 +19.2% | $48,465 |
| 2015 | $969 | $48,465 +15.1% |
| 2014 | $969 | $42,110 |
| 2013 | -- | $42,110 |
| 2012 | -- | $42,110 -2.3% |
| 2011 | -- | $43,103 |
| 2010 | -- | $43,103 |
| 2009 | -- | $43,103 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 79838
Nearby schools
GreatSchools rating
- 7/10Johanna Odonnell IntGrades: 3-5Distance: 0.5 mi
- 4/10Fabens Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Fabens High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Fabens
- Middle: Fabens
- High: Fabens
Source: GEPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
