Three-Unit Residential Income
For Sale
$425,000
190 POLO INN Road, El Paso, TX 79915
MULTI_FAMILY - El Paso, TX
Property Size3,670 SF
Lot Size0.42 Acres
Price / SF$115.80
Days on Market243
Property Features for 190 POLO INN Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Appliances
Free-Standing Gas Oven
Subdivision
Dorbandt
Elementary school
Riverside
Middle school
Riverside
High school
Riverside
Elementary school district
Ysleta
Middle school district
Ysleta
High school district
Ysleta
Standard status
Active
APN
D76199900106700
Size
3,670 SF
Lot size
0.42 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
DORBANDT E 172.00 FT OF W 242.00 FT OF S 75.00 FT OF 16 (12914.00 SQ FT)
Tax Annual Amount
2015
Legal Description
DORBANDT E 172.00 FT OF W 242.00 FT OF S 75.00 FT OF 16 (12914.00 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Building Details
Year built
1988
Number of units
3
Building materials
Stucco
Roof type
Shingle, Composition
Listing Agency:
ClearView Realty
(915) 855-1110
Listed By:
Hilda N Guevara · License #0645523
(915) 549-0077
Added: Dec 1, 2025
Changed: Jul 30
Last Checked: Aug 1 at 7:06AM
MLS# 934388
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 three-unit residential income property includes a main home with 4 bedrooms and 2 full bathrooms. Two additional apartments are located on the same site: one unit with 2 bedrooms and 1 bathroom, and a studio-style unit with 1 bedroom and 1 bathroom.
The property is zoned R1 and sits on a 0.42-acre lot in El Paso, TX 79915. The address is 190 POLO INN Road.
The layout supports an owner-occupant configuration or a multi-unit rental setup, with all three units under one ownership on the same property.
The property is zoned R1 and sits on a 0.42-acre lot in El Paso, TX 79915. The address is 190 POLO INN Road.
The layout supports an owner-occupant configuration or a multi-unit rental setup, with all three units under one ownership on the same property.
Key Highlights
- 1988 multi‑unit property with main home plus two additional apartments
- Main home features 4 bedrooms and 2 full baths
- Includes a 2‑bedroom, 1‑bath unit and a separate studio‑style 1‑bedroom, 1‑bath unit
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 | $49.8k | $13.56 |
| − Vacancy | −$2.4k | −$0.64 |
| EGI | $47.4k | $12.92 |
| − OpEx | −$14.2k | −$3.87 |
| NOI | $33.2k | $9.04 |
3,670 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$474.0K
$414.8K – $553.0K
NOI $33,181 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$437.2K
$382.6K – $510.1K
NOI $30,604 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$920.7K
$805.6K – $1.07M
NOI $64,450 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Explore this area
Business Placement
Demographics for 79915, TX
35,234
Population
14,139
Households
2.5
Avg Household Size
41
Median Age
13%
College-Educated
68%
High-School Grad
8.9 sq mi
ZIP Area
3,959
Density / Sq Mi
$35,938
Median Household Income
$25,400
Median Earnings
$808
Median Rent
$117,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Triplex with a 4-bedroom, 2-bath main home plus two additional apartments totaling three units on one lot.
Where is this triplex located?
The property is located at 190 POLO INN Road El Paso, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1988 multi‑unit property with main home plus two additional apartments; Main home features 4 bedrooms and 2 full baths; Includes a 2‑bedroom, 1‑bath unit and a separate studio‑style 1‑bedroom, 1‑bath unit
