Residential Income
13048 Sparks Drive El Paso, TX 79928
13048 Sparks Drive, El Paso, TX, 79928
$387,000
For Sale
$387,000
MULTI_FAMILY - El Paso, TX
Property Size3,272 SF
Lot Size0.15 Acres
Price / SF$118.28
Days on Market221
Property Features for 13048 Sparks Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Out of Area
- Appliances
- Washer Hookup, Disposal, Dishwasher
- Standard status
- Active
- APN
- 88254
- Size
- 3,272 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 47 SPARKS #3 LOT 9
- Tax Annual Amount
- 7383
Utilities
- Sewer type
- Public Sewer
- Heating system
- Solar (Heating), Forced Air, Central
Building Details
- Year built
- 2008
- Number of units
- 3
- Building materials
- Stucco
- Roof type
- Composition
Listing Agency
R C Properties
(915) 328-9992
4855 N Mesa, Ste. 116, El Paso, TX
Listed by
Michael Bray · License #0385615
(915) 549-1770
Added: Dec 8, 2025 Checked: Jul 17 at 8:06 pm
MLS# 934966
Listing URL
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.
This residential income triplex features a large main home on a gated lot. The main home includes four spacious bedrooms and three baths, providing substantial living area within a single residence configuration.
In addition, the backyard includes a duplex with two separate sides: one side offers a 1-bedroom unit and the other side offers a 2-bedroom unit. The property is located at 13048 Sparks Drive in El Paso, Texas 79928, within an established subdivision known as Sparks.
Overall, the layout combines a larger primary residence with two additional rental units, creating a multifamily configuration suited for buyers seeking multiple income-producing spaces under one ownership structure.
In addition, the backyard includes a duplex with two separate sides: one side offers a 1-bedroom unit and the other side offers a 2-bedroom unit. The property is located at 13048 Sparks Drive in El Paso, Texas 79928, within an established subdivision known as Sparks.
Overall, the layout combines a larger primary residence with two additional rental units, creating a multifamily configuration suited for buyers seeking multiple income-producing spaces under one ownership structure.
Key Highlights
- Gated lot over 6,000 sq ft in an established subdivision of Sparks.
- Main home built in 2008 with 4 bedrooms and 3 baths.
- Backyard includes a duplex: one 1‑bedroom unit and one 2‑bedroom unit.
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 | $44.0k | $13.44 |
| − Vacancy | −$2.1k | −$0.64 |
| EGI | $41.9k | $12.80 |
| − OpEx | −$12.6k | −$3.84 |
| NOI | $29.3k | $8.96 |
3,272 SF · lease $13.44/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$418.9K
$366.5K – $488.7K
NOI $29,321 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$386.9K
$338.5K – $451.3K
NOI $27,080 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$572.1K
$500.6K – $667.5K
NOI $40,049 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Gated property with a large main home plus a backyard duplex offering one 1-bedroom and one 2-bedroom unit.
Where is this triplex located?
The property is located at 13048 Sparks Drive El Paso, TX.
What is the asking price?
The asking price for this property is $387,000.
What are key features of this property?
This property features: Gated lot over 6,000 sq ft in an established subdivision of Sparks.; Main home built in 2008 with 4 bedrooms and 3 baths.; Backyard includes a duplex: one 1‑bedroom unit and one 2‑bedroom unit.
