Single-Story
New
For Sale
$464,999
7825 PANDORA Street, El Paso, TX 79904
Residential Income, El Paso, TX
Property Size2,058 SF
Lot Size0.26 Acres
Price / SF$225.95
Days on Market3
Property Features for 7825 PANDORA Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1
Appliances
Vented Exhaust Fan, Range Hood, Gas Cooktop, Fan Hood, Disposal
Subdivision
Diamantina
Elementary school
Sunrise Elementary
Middle school
Magoffin
High school
Andress
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
D47699900100100
Size
2,058 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BLK 1 DIAMANTINA IV LOT 1
Tax Annual Amount
8401
Legal Description
BLK 1 DIAMANTINA IV LOT 1
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Multi Units, Central Air
Building Details
Year built
2019
Number of units
2
Flooring type
Tile - Ceramic, Tile, Wood, Hardwood
Building materials
Stucco
Roof type
Shingle
Listing Agency:
Royce Realty
(713) 909-0519
Listed By:
Brian William Canales
(281) 740-4624
Added: Sep 25
Last Checked: Sep 27 at 8:06AM
MLS# 951784
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.
Built in 2019, this single-story duplex contains 2,058 square feet across two residences. Each unit offers three bedrooms, two bathrooms, an open kitchen with backsplash, tile flooring, refrigerated air, and a one-car garage. The property sits on a 0.26-acre corner lot in El Paso and is zoned R1.
Both units have been rented since 2021, with only a few weeks of combined vacancy over approximately five years. Each residence has a separate meter, and both have a five-star Airbnb rating. One unit is available for viewing while the other remains occupied.
Both units have been rented since 2021, with only a few weeks of combined vacancy over approximately five years. Each residence has a separate meter, and both have a five-star Airbnb rating. One unit is available for viewing while the other remains occupied.
Key Highlights
- Two units, each with 3 bedrooms and 2 bathrooms
- 2,058 square feet on a 0.26‑acre corner lot
- Built in 2019; zoned R1
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,607
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$372,140
$372.1K
Cap Rate 7%
$265,814
$265.8K
Cap Rate 9%
$206,744
$206.7K
Market Conditions
NOI Build-Up for 2,058 SF
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.
Gross rent
$27.9K $13.56/SF
− Vacancy
−$1.3K −$0.64/SF
EGI
$26.6K $12.92/SF
− OpEx
−$8.0K −$3.87/SF
NOI
$18.6K $9.04/SF
Area
El Paso, TX
Vacancy
4.75%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$372,140
Cap Rate 7%
$265,814
Cap Rate 9%
$206,744
Alternative Uses
Best Use
Multifamily LT 5
$265.8K
$232.6K – $310.1K
NOI $18,607 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$245.2K
$214.5K – $286.0K
NOI $17,162 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$516.3K
$451.8K – $602.4K
NOI $36,141 @ 7.0% cap · market cap 7.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
Explore this area
Business Placement
Demographics for 79904, TX
31,491
Population
13,571
Households
2.3
Avg Household Size
33
Median Age
14%
College-Educated
78%
High-School Grad
12.0 sq mi
ZIP Area
2,624
Density / Sq Mi
$40,892
Median Household Income
$28,775
Median Earnings
$1,017
Median Rent
$117,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences include separate meters, refrigerated air, and one-car garages.
Where is this duplex located?
The property is located at 7825 PANDORA Street El Paso, TX.
What is the asking price?
The asking price for this property is $464,999.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 2 bathrooms; 2,058 square feet on a 0.26‑acre corner lot; Built in 2019; zoned R1
