Mixed-Use Home with Separate
New
For Sale
$485,000
1003 WYOMING Avenue, El Paso, TX 79902
MULTI_FAMILY - El Paso, TX
Property Size2,952 SF
Lot Size0.10 Acres
Price / SF$164.30
Days on Market3
Property Features for 1003 WYOMING Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C4
Appliances
Water Heater, Washer Hookup, Free-Standing Gas Oven, Disposal, Dishwasher
Subdivision
Franklin Heights
Elementary school
Mesita
Middle school
Wiggs
High school
Elpaso
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
F60799900804600
Size
2,952 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
8 FRANKLIN HEIGHTS 19 & W 1/2 OF 20
Tax Annual Amount
5078
Legal Description
8 FRANKLIN HEIGHTS 19 & W 1/2 OF 20
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Multi Units, Ceiling Fan(s), Central Air
Amenities
refrigerated a/c
tankless water heater
stainless steel appliances
Building Details
Year built
1926
Number of units
2
Building materials
Brick
Roof type
Shingle
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Lynn Westbrook · License #0637280
(253) 576-5402
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 31 at 10:06PM
MLS# 948458
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 turn-key property combines a primary home and an adjacent office/ADU configured with a separate entrance. The primary home offers five bedrooms and includes original details alongside modern upgrades. Additional improvements include refrigerated A/C with three units, a tankless water heater, and stainless steel appliances.
The property is zoned C4 and is described as conveniently located close to downtown. It is also within walking distance to an Acca restaurant.
The adjacent office/ADU is presented as suitable for a range of uses, including short- or long-term rental, office, art gallery, retail store, or café, supporting its mixed-use, commercially zoned character.
The property is zoned C4 and is described as conveniently located close to downtown. It is also within walking distance to an Acca restaurant.
The adjacent office/ADU is presented as suitable for a range of uses, including short- or long-term rental, office, art gallery, retail store, or café, supporting its mixed-use, commercially zoned character.
Key Highlights
- Commercially zoned property with primary home plus adjacent office/ADU with separate entrance
- Primary home offers 5 bedrooms
- Brick construction with shingle roof and public sewer
Financial Insights For Office B
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 | $61.3k | $20.76 |
| − Vacancy | −$11.5k | −$3.88 |
| EGI | $49.8k | $16.88 |
| − OpEx | −$12.5k | −$4.22 |
| NOI | $37.4k | $12.66 |
2,952 SF · lease $20.76/SF/yr · vacancy 18.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$533.8K
$467.1K – $622.8K
NOI $37,368 @ 7.0% cap · market cap 7.70%
Second Best
Multifamily LT 5
$381.3K
$333.6K – $444.8K
NOI $26,689 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$740.6K
$648.0K – $864.0K
NOI $51,841 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,347
Businesses Nearby
Explore this area
Business Placement
Demographics for 79902, TX
20,071
Population
9,752
Households
2.1
Avg Household Size
38
Median Age
39%
College-Educated
81%
High-School Grad
6.5 sq mi
ZIP Area
3,088
Density / Sq Mi
$45,333
Median Household Income
$33,495
Median Earnings
$777
Median Rent
$223,300
Median Home Value
Market
Vacancy Rate% for Office in El Paso, TX
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Turn-key primary home plus adjacent office/ADU with separate entrance, zoned C4 for flexible use opportunities.
Where is this duplex located?
The property is located at 1003 WYOMING Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Commercially zoned property with primary home plus adjacent office/ADU with separate entrance; Primary home offers 5 bedrooms; Brick construction with shingle roof and public sewer
