2225 MAGOFFIN Avenue, El Paso, TX 79901
MULTI_FAMILY - El Paso, TX
- Added:
- Sep 5, 2025
- Days on Market:
- 286
- Last Refresh:
- Jun 17 at 3:06 am
Property Features for 2225 MAGOFFIN Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- A1
- Parking features
- On Street
- Appliances
- Refrigerator, Free-Standing Electric Oven
- Standard status
- Active
- APN
- 134444
- Size
- 1,013 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 34 BASSETT LOT 29 (3000 SQ FT)
- Tax Annual Amount
- 4124
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1930
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Flat
Listing agent Sandra Luna License #0373164 (915) 494-5862
Listing office Sandra Luna & Associates 1612 N Lee Trevino, Ste E, El Paso, TX (915) 592-5862
Listing date Sep 5, 2025
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.
HighLights
- Centrally located with near highways.
- Walking distance to Chamizal National Park.
- Leasing out for $725.00.
- Each unit features 2 Mini‑splits for efficient heating and cooling.
- Each unit has a kitchen, living room, and dining combo.
- Includes Refrigerator and Free‑Standing Electric Oven.
Overview
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 | $13.7k | $13.56 |
| − Vacancy | −$652 | −$0.64 |
| EGI | $13.1k | $12.92 |
| − OpEx | −$3.9k | −$3.87 |
| NOI | $9.2k | $9.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.463327
- Latitude
- 31.771075
