120 Acres Section 3
El Paso, TX 79928
120 Acre Portfolio on Section 3 · Land For Sale · 120.00 AC

This is a 120 acre portfolio with 15 parcels (will not sell separately) part of the portfolio is the first two 5 acre parcels for the continuation of Montwood Drive. Montwood Drive is one of the most important streets in El Paso. It runs parallel to Montana Ave and I-10. Today, Montwood Drive ends at the western portion of Section 3 and continues at the north-eastern portion of Section 3, which is the corner of Rich Beam and Montwood Drive. In the 1970's Section 3 was sold in 5 acre tracts and it was very difficult to acquire all the different parcels to continue the street. The same thing goes for Tierra Este Drive that currently ends on the northern portion of Section 3. If this land is developed it will greatly benefit the East side of El Paso with the traffic flow and it will create numerous commercial and apartment opportunities as well as residential neighborhood with great access that will skip some of the traffic problem areas. This would be a very desirable residential development because of the proximity to I-10. We also have a second portfolio of properties with 100 acres that is being offered for the same price of $27,000.00 per acre or $0.62 per square foot. Please see attachment for parcels and appraisal report.