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    El Paso Multifamily Opportunity Title is generated by Realmo AI

    2500 HAWLEY Circle, El Paso, TX 79903

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    Claim this Listing
    For Sale
    $439,000

    MULTI_FAMILY - El Paso, TX

    Property size:
    3,525 SF
    Lot size:
    0.44 Acres
    Price / SF:
    $124/SF
    Added:
    Apr 17, 2026
    Days on Market:
    62
    Last Refresh:
    Jun 17 at 12:06 am

    Property Features for 2500 HAWLEY Circle

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R4
    Appliances
    Range Hood, Free-Standing Gas Oven, Dishwasher, Cooktop
    Standard status
    Active
    APN
    W09299913201100
    Size
    3,525 SF
    Lot size
    0.44 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    132 WASHINGTON HEIGHTS 1 & 2 & N 50.00 FT OF 3 (19038.13 SQ FT)
    Tax Annual Amount
    8000

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Natural Gas

    Building Details

    Year built
    1948
    Number of units
    2
    Building materials
    Stone
    Roof type
    Shingle

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    Listing Contact
    Heather Harmston

    Listing agent Heather Harmston License #0609187

    Listing office Home Pros Real Estate Group 1035 Belvidere St., Suite 200, el paso, TX

    Listing date Apr 17, 2026

    MLS# 942362

    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

    • Large Lot: Almost half an acre in central El Paso.
    • Main House: Approximately 3000 sq ft with 3 bedrooms and 2 bathrooms.
    • Income Potential: Detached garage with a 600 sq ft studio apartment.
    • Additional Income Potential: Opportunity for a 3rd unit with a 3/4 bath connected to the first floor detached garage.
    • Recent Upgrades: New roof and windows, designer upgrades with quartz and stainless steel appliances.
    • Modern Amenities: Enjoy refrigerated air and open kitchen dining concept.

    Overview

    This property presents an opportunity in central El Paso, situated on approximately 0.44 acres. The main house, spanning almost 3000 square feet, features three bedrooms and two bathrooms. It includes two living room spaces and an open kitchen and dining area. The house has designer upgrades, including quartz countertops, stainless steel appliances, refrigerated air, a new roof, and new windows. Additionally, the property has a detached garage with a 600-square-foot studio apartment, suitable for generating income. There is potential for a third unit with a 3/4 bath connected to the first floor of the detached garage, which could serve as an additional income unit. The property is zoned R4 and the total property size is 3525 square feet.

    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 $47.8k $13.56
    − Vacancy −$2.3k −$0.64
    EGI $45.5k $12.92
    − OpEx −$13.7k −$3.87
    NOI $31.9k $9.04
    3,525 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $455.3K
    $398.4K – $531.2K (±1% cap)
    NOI $31,870 @ 7.0% cap · market cap 7.26%
    Second Best
    Apartment 5plus
    $419.9K
    $367.4K – $489.9K (±1% cap)
    NOI $29,395 @ 7.0% cap · market cap 6.70%
    Theoretical Best
    Office A
    $884.3K
    $773.8K – $1.03M (±1% cap)
    NOI $61,904 @ 7.0% cap · market cap 14.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.432001
    Latitude
    31.79676

    FAQs

    What type of property is this?
    Duplex - Multifamily property with main house and income-generating potential.
    Where is this duplex located?
    The property is located at 2500 HAWLEY Circle El Paso, TX.
    What is the asking price?
    The asking price for this property is $439,000.
    What are key features of this property?
    This property features: Large Lot: Almost half an acre in central El Paso.; Main House: Approximately 3000 sq ft with 3 bedrooms and 2 bathrooms.; Income Potential: Detached garage with a 600 sq ft studio apartment.
    More about this property
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