Fourplex With Separately Metered
11625 JAMES WATT Drive El Paso, TX 79936
11625 JAMES WATT Drive, El Paso, TX, 79936
$575,000
For Sale
$575,000
MULTI_FAMILY - El Paso, TX
Property Size2,972 SF
Lot Size0.23 Acres
Price / SF$193.47
Days on Market18
Property Features for 11625 JAMES WATT Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Quadruplex
- Zoning
- R4
- Parking
- 8
- Appliances
- Range Hood, Free-Standing Gas Oven, Disposal
- Standard status
- Active
- APN
- V89399927200400
- Size
- 2,972 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 272 VISTA DEL SOL #57 REPLAT A LOT 4
- Tax Annual Amount
- 10140
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
Building Details
- Year built
- 1983
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Shingle
Listing agency
Camacho Real Estate
(915) 629-0017
Listed by
Cynthia Vivar Onick
(915) 630-2400
Added: Jul 5 Updated: Jul 18 at 10:04AM Checked: Jul 22 at 9:06PM
MLS# 947419
Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Four-unit residential income property (quadplex) offered for sale in El Paso. The building contains four well-maintained units, each featuring 2 bedrooms and 1 bathroom. Each unit has separately metered utilities, refrigerated A/C, and a mix of hardwood, tile, and carpet flooring.
The property is located at 11625 James Watt Drive (ZIP 79936). Zoning is listed as R4, and the remarks note easy access to I-10.
The overall configuration supports owner-occupancy with rental income from three additional units, based on the stated layout of four separate 2 bed, 1 bath residences.
The property is located at 11625 James Watt Drive (ZIP 79936). Zoning is listed as R4, and the remarks note easy access to I-10.
The overall configuration supports owner-occupancy with rental income from three additional units, based on the stated layout of four separate 2 bed, 1 bath residences.
Key Highlights
- Brick construction with shingle roof and central heating (natural gas), built in 1983
- 2 bed, 1 bath layout with each unit having refrigerated A/C
- Hardwood floors plus tile and carpet flooring across the units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.5k | $18.00 |
| − Vacancy | −$2.3k | −$0.79 |
| EGI | $51.2k | $17.21 |
| − OpEx | −$15.3k | −$5.16 |
| NOI | $35.8k | $12.05 |
2,972 SF · lease $18.00/SF/yr · vacancy 4.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$511.6K
$447.6K – $596.9K
NOI $35,811 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$454.5K
$397.7K – $530.2K
NOI $31,812 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$628.8K
$550.2K – $733.6K
NOI $44,015 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit property with separate utilities and refrigerated A/C, with each unit featuring 2 beds and 1 bath.
Where is this quadplex located?
The property is located at 11625 JAMES WATT Drive El Paso, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Brick construction with shingle roof and central heating (natural gas), built in 1983; 2 bed, 1 bath layout with each unit having refrigerated A/C; Hardwood floors plus tile and carpet flooring across the units
