Duplex with Two Residential
1530 Common Drive El Paso, TX 79936
1530 Common Drive, El Paso, TX, 79936
$427,000
For Sale
$427,000
MULTI_FAMILY - El Paso, TX
Property Size3,128 SF
Lot Size0.18 Acres
Price / SF$136.51
Days on Market69
Property Features for 1530 Common Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R1
- Parking features
- Guest
- Standard status
- Active
- APN
- V89399921502300
- Size
- 3,128 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 215 VISTA DEL SOL #41 LOT 12 (7664.00 SQ FT)
- Tax Annual Amount
- 9386
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
Building Details
- Year built
- 1980
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Shingle
Listing Agency
Home Pros Real Estate Group
(915) 585-8806
1035 Belvidere St., Suite 200, el paso, TX
Listed by
Leonardo Poggio · License #0670259
(915) 316-5005
Added: May 12 Checked: Jul 19 at 6:06 pm
MLS# 943852
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 duplex offers two spacious residential units, presented as a single investment property. The offering includes a total property size of 3,128 square feet on a 0.18-acre lot, with R1 zoning noted for the site.
The property is located in El Paso, TX 79936 at 1530 Common Drive, within close proximity to schools, restaurants, and everyday amenities. Public remarks also note quick access to the main freeway and a convenient position near major shopping centers.
For additional details on layout and unit configurations, review the available materials or contact for a private showing.
The property is located in El Paso, TX 79936 at 1530 Common Drive, within close proximity to schools, restaurants, and everyday amenities. Public remarks also note quick access to the main freeway and a convenient position near major shopping centers.
For additional details on layout and unit configurations, review the available materials or contact for a private showing.
Key Highlights
- Great rental income potential in a high‑demand area.
- Well‑located near major shopping centers, schools, restaurants, and everyday amenities.
- Quick and convenient access to the main freeway.
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 | $56.3k | $18.00 |
| − Vacancy | −$2.5k | −$0.79 |
| EGI | $53.8k | $17.21 |
| − OpEx | −$16.2k | −$5.16 |
| NOI | $37.7k | $12.05 |
3,128 SF · lease $18.00/SF/yr · vacancy 4.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$538.4K
$471.1K – $628.2K
NOI $37,690 @ 7.0% cap · market cap 8.83%
Second Best
Apartment 5plus
$478.3K
$418.5K – $558.0K
NOI $33,482 @ 7.0% cap · market cap 7.84%
Theoretical Best
Office A
$661.8K
$579.1K – $772.1K
NOI $46,325 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex for sale featuring two residential units on a 0.18-acre lot in R1 zoning.
Where is this duplex located?
The property is located at 1530 Common Drive El Paso, TX.
What is the asking price?
The asking price for this property is $427,000.
What are key features of this property?
This property features: Great rental income potential in a high‑demand area.; Well‑located near major shopping centers, schools, restaurants, and everyday amenities.; Quick and convenient access to the main freeway.
