New Construction Duplex with Two
For Sale
$470,000
8704 Echo Street, El Paso, TX 79904
MULTI_FAMILY - Other - El Paso, TX
Property Size3,218 SF
Lot Size0.21 Acres
Price / SF$146.05
Days on Market152
Property Features for 8704 Echo Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R4
Bedrooms
6
Bathrooms
5
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 1, Bathroom 6, Bathroom 4, Bedroom 2, Bathroom 2, Bathroom 5, Bedroom 5, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3
Parking features
Open
Interior features
Ceiling Fan(s), Kitchen Island, Master Up, Pantry
Exterior features
Rain Gutters, Balcony
Appliances
Water Heater, Dishwasher, Disposal, Free-Standing Gas Oven, Microwave, Refrigerator
Subdivision
Sunrise Acres
Lot features
Standard Lot, Subdivided
Elementary school
Park
Middle school
Canyonh
High school
Capt J L Chapin High
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
S912999001H4800
Size
3,218 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SUNRISE ACRES #1 N 148 FT OF W 120 FT OF 200 (17760 SQ FT)
Tax Annual Amount
855
Legal Description
SUNRISE ACRES #1 N 148 FT OF W 120 FT OF 200 (17760 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Central, Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Building Details
Year built
2026
Floors in Building
2
Flooring type
Tile, Carpet
Building materials
Stucco
Roof type
Flat
Architectural style
Other
Listing Agency:
Cornerstone Realty
(915) 355-2335
Listed By:
Brandy Phillip
(915) 496-3602
Added: Mar 2
Changed: Jul 29
Last Checked: Aug 1 at 3:06AM
MLS# 939224
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.
New construction duplex designed as a two-unit residential income property. Each unit includes an open-concept layout with modern finishes and a functional floor plan. Units feature a private primary suite with an en-suite bath, spacious secondary bedrooms, and a convenient half bath for guests.
The property is located on the Northeast side of El Paso near Sunrise Park and Fort Bliss, with access to major employers, shopping, dining, and key transportation routes.
The duplex is offered for sale with the possibility that units can be purchased separately. Zoning is R4.
The property is located on the Northeast side of El Paso near Sunrise Park and Fort Bliss, with access to major employers, shopping, dining, and key transportation routes.
The duplex is offered for sale with the possibility that units can be purchased separately. Zoning is R4.
Key Highlights
- New construction duplex (Year built 2026) with two income‑producing units on the Northeast side of El Paso.
- Each unit offers 3 bedrooms and 2.5 bathrooms, including a private primary suite with en‑suite bath.
- Open‑concept layouts with a kitchen island and pantry.
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 | $43.6k | $13.56 |
| − Vacancy | −$2.1k | −$0.64 |
| EGI | $41.6k | $12.92 |
| − OpEx | −$12.5k | −$3.87 |
| NOI | $29.1k | $9.04 |
3,218 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$415.6K
$363.7K – $484.9K
NOI $29,094 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$383.4K
$335.4K – $447.3K
NOI $26,835 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$807.3K
$706.4K – $941.9K
NOI $56,513 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
215
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
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 - New construction duplex offers two income-producing units, each with three bedrooms and 2.5 bathrooms.
Where is this duplex located?
The property is located at 8704 Echo Street El Paso, TX.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: New construction duplex (Year built 2026) with two income‑producing units on the Northeast side of El Paso.; Each unit offers 3 bedrooms and 2.5 bathrooms, including a private primary suite with en‑suite bath.; Open‑concept layouts with a kitchen island and pantry.
