Renovated 3BR Duplex with
3429A Risner Place El Paso, TX 79936
3429A Risner Place, El Paso, TX, 79936
$199,500
For Sale
$199,500
MULTI_FAMILY - Other - El Paso, TX
Property Size1,184 SF
Lot Size0.09 Acres
Price / SF$168.50
Days on Market13
Property Features for 3429A Risner Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- M3
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
- Interior features
- Cathedral Ceiling(s), Ceiling Fan(s), LR DR Combo, Walk-In Closet(s)
- Exterior features
- Back Yard Access
- Appliances
- Water Heater, Dishwasher, Free-Standing Gas Oven, Range Hood, Refrigerator
- Standard status
- Active
- APN
- P65499909203400
- Size
- 1,184 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 92 PEBLE HILLS #10 REPLAT A SLY 36.75 OF 17 (3859 SQ FT)
- Tax Annual Amount
- 4476
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Evaporative Cooling
Building Details
- Year built
- 1981
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Wood Siding, Brick Veneer
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing agency
DKD Associates Inc.
(915) 772-9177
Listed by
Fernando Zuluaga · License #0458179
(915) 727-3947
Added: Jul 10 Updated: Jul 18 at 10:04AM Checked: Jul 22 at 5:06PM
MLS# 947415
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 renovated duplex offers a 3-bedroom, 2-bath layout with extensive interior and exterior updates. Improvements include fresh interior and exterior paint, new ceramic floor tile throughout (no carpeting), ceiling fans and light fixtures, and replaced hall bath tub along with new vanities and mirrors. The kitchen has been redesigned with new countertops, and all windows have been replaced.
The property is located at 3429A Risner Place in El Paso, TX 79936, and is listed under zoning M3. The public remarks note proximity to Pebble Hills Elementary School, which is described as across the street.
With a 0.09-acre lot and approximately 1,184 square feet of property size, this is a compact residential income duplex with completed renovation items throughout the home.
The property is located at 3429A Risner Place in El Paso, TX 79936, and is listed under zoning M3. The public remarks note proximity to Pebble Hills Elementary School, which is described as across the street.
With a 0.09-acre lot and approximately 1,184 square feet of property size, this is a compact residential income duplex with completed renovation items throughout the home.
Key Highlights
- Renovated 3‑bedroom, 2‑bath duplex with fresh interior and exterior paint
- New ceramic tile flooring throughout (no carpet)
- Kitchen with redesigned counters; includes dishwasher, free‑standing gas oven, range hood, and refrigerator
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 | $21.3k | $18.00 |
| − Vacancy | −$931 | −$0.79 |
| EGI | $20.4k | $17.21 |
| − OpEx | −$6.1k | −$5.16 |
| NOI | $14.3k | $12.05 |
1,184 SF · lease $18.00/SF/yr · vacancy 4.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$203.8K
$178.3K – $237.8K
NOI $14,266 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$181.0K
$158.4K – $211.2K
NOI $12,673 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$250.5K
$219.2K – $292.3K
NOI $17,535 @ 7.0% cap · market cap 8.79%
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 - Renovated 3-bedroom, 2-bath duplex featuring new ceramic tile flooring, updated lighting, and replaced windows.
Where is this duplex located?
The property is located at 3429A Risner Place El Paso, TX.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: Renovated 3‑bedroom, 2‑bath duplex with fresh interior and exterior paint; New ceramic tile flooring throughout (no carpet); Kitchen with redesigned counters; includes dishwasher, free‑standing gas oven, range hood, and refrigerator