1230 &1232 N Cotton Street El Paso, TX 79902
MULTI_FAMILY - El Paso, TX
Property Features for 1230 &1232 N Cotton Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5
- Appliances
- Water Heater
- Standard status
- Active
- APN
- 55801
- Size
- 1,890 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 21 HIGHLAND PARK 31 & 32
- Tax Annual Amount
- 5636
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Evaporative Cooling
Building Details
- Year built
- 1960
- Number of units
- 2
- Building materials
- Block
- Roof type
- Shingle
Listing agent Lydia Lewis License #743018 (575) 386-3237
Listing office Keller Williams Realty 12040 Tierra Este suite B206, El Paso, TX (915) 603-5293
Listing date Jul 12, 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.
Investment Insights
Based on property information with market context.
The property is in R5 zoning and is described as being minutes from the medical district, including Sierra, Las Palmas, and Providence.
The listing notes the duplex was previously owner-occupied as part of an estate, so there is no current rental history available. It also provides rental benchmarks based on nearby activity, indicating lease rates can range from approximately $750 per month with minimal updates up to around $1,100 per month when updated with nicer finishes.
Key Highlights
- Duplex built in 1960 in Central El Paso
- Each unit has 3 bedrooms and 1 full bath, with separate electric and gas and private entrances
- One unit currently has a wall removed (currently 2 bedrooms) with potential to convert back to 3 bedrooms
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 | $25.6k | $13.56 |
| − Vacancy | −$1.2k | −$0.64 |
| EGI | $24.4k | $12.92 |
| − OpEx | −$7.3k | −$3.87 |
| NOI | $17.1k | $9.04 |
