1207 E RIO GRANDE Avenue, El Paso, TX 79902
MULTI_FAMILY - El Paso, TX
- Added:
- Jun 22, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 1207 E RIO GRANDE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- A2
- Parking
- 5
- Standard status
- Active
- APN
- F60799908307800.
- Size
- 3,186 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 83 FRANKLIN HEIGHTS 11 & 12 & W 1/2 OF 13 (10500 SQ FT)
- Tax Annual Amount
- 7794
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1901
- Number of units
- 5
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Composition
- Additional Structures
- Outbuilding
Listing agent Allison M Dillard License #0664018 (915) 799-9708
Listing office Keller Williams Realty 12040 Tierra Este suite B206, El Paso, TX (915) 603-5293
Listing date Jun 22, 2026
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.
HighLights
- 1901 home converted to fully rented apartments prior to 1977
- Rental income of $3,100 per month reported by owner
- Brick construction with tile and hardwood flooring
- Cooling provided by window unit(s)
- Off‑street parking accessible through the back alley
- Includes a storage building and shed; public sewer and a composition roof
Overview
The site is zoned A2. It is located at 1207 E Rio Grande Avenue in El Paso, TX 79902, on a 0.24-acre lot with 3,186 square feet of property size.
For buyers or operators seeking a turn-key occupied multifamily configuration, the current in-place rental situation is reflected in the stated $3,100 per month rental income. Back-alley parking supports tenant convenience, while the included storage structures can help support day-to-day resident needs. Prospective buyers can request access through their agent to review the inspection reports and any available 3D tours.
Local Financial Insights For Apartment 5plus
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 | $50.8k | $15.96 |
| − Vacancy | −$2.5k | −$0.80 |
| EGI | $48.3k | $15.16 |
| − OpEx | −$21.7k | −$6.82 |
| NOI | $26.6k | $8.34 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.482445
- Latitude
- 31.771294
