Triplex Income
205 ZENITH Drive El Paso, TX 79912
For Sale
$352,000
MULTI_FAMILY - El Paso, TX
Property Size3,314 SF
Lot Size0.20 Acres
Price / SF$106.22
Days on Market36
Property Features for 205 ZENITH Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- R4
- Appliances
- Washer Hookup
- Standard status
- Active
- APN
- L62499901305100
- Size
- 3,314 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 13 LOMAS DEL REY REPLAT 11 & SWLY 1.18 FT OF 10 (8946 SQ FT)
- Tax Annual Amount
- 9329
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Evaporative Cooling, Varies by Unit
Building Details
- Year built
- 1973
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Carpet, Laminate
- Building materials
- Stucco
- Roof type
- Shingle
Listing Agency:
Texas Ally Real Estate Group
(512) 763-2559
Listed By:
Javier Cosme · License #0714913
(915) 888-5488
Added: Jun 20
Changed: Jul 18
Last Checked: Jul 25 at 1:06AM
MLS# 946242
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 for-sale triplex includes three residential units designed for rental income. The property sits on a 0.2-acre lot and totals 3,314 square feet.
Located at 205 Zenith Drive in El Paso, the public remarks note convenient access to shopping, dining, schools, and major thoroughfares. The property is listed under R4 zoning.
Ideal for an owner-occupant or an investor seeking a multi-family asset, the triplex offers a straightforward residential income setup within the outlined R4 zoning classification.
Located at 205 Zenith Drive in El Paso, the public remarks note convenient access to shopping, dining, schools, and major thoroughfares. The property is listed under R4 zoning.
Ideal for an owner-occupant or an investor seeking a multi-family asset, the triplex offers a straightforward residential income setup within the outlined R4 zoning classification.
Key Highlights
- Triplex built in 1973 with stucco construction
- Shingle roof
- Public sewer
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 | $45.7k | $13.80 |
| − Vacancy | −$2.2k | −$0.66 |
| EGI | $43.6k | $13.14 |
| − OpEx | −$13.1k | −$3.94 |
| NOI | $30.5k | $9.20 |
3,314 SF · lease $13.80/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$435.6K
$381.2K – $508.2K
NOI $30,493 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$400.7K
$350.6K – $467.5K
NOI $28,051 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$701.1K
$613.5K – $818.0K
NOI $49,080 @ 7.0% cap · market cap 13.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Designetribe
Marketing & Advertising
FAQs
What type of property is this?
Triplex - For sale triplex in El Paso, offering rental income on a 0.2-acre lot under R4 zoning.
Where is this triplex located?
The property is located at 205 ZENITH Drive El Paso, TX.
What is the asking price?
The asking price for this property is $352,000.
What are key features of this property?
This property features: Triplex built in 1973 with stucco construction; Shingle roof; Public sewer
