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A2-Zoned Quadplex Property
New
For Sale
$192,000

10613 SPRINGWOOD Drive, El Paso, TX 79935

MULTI_FAMILY - Other - El Paso, TX

Property Size1,200 SF
Lot Size0.08 Acres
Price / SF$160
Days on Market2

Property Features for 10613 SPRINGWOOD Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning A2
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
Interior features Kitchen Island, Walk-In Closet(s)
Fireplace 1
Appliances Free-Standing Gas Oven, Range Hood
Subdivision Colonia Los Cuatros
Elementary school Eastwdhts
Middle school Eastwoodm
High school Eastwood
Elementary school district Ysleta
Middle school district Ysleta
High school district Ysleta
Standard status Active
APN C73999900202900
Size 1,200 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 2 COLONIA LOS CUATRO A OF S 50 FT OF 15 (3665 SQ FT)
Tax Annual Amount 4694
Legal Description 2 COLONIA LOS CUATRO A OF S 50 FT OF 15 (3665 SQ FT)

Utilities

Sewer type Public Sewer
Heating system Central

Amenities

brand-new roof
energy-efficient windows
refrigerated air
wood-look tile flooring
granite countertops
custom cabinetry
gas range
designer finishes
cozy fireplace
modern lighting

Building Details

Year built 1979
Floors in Building 1
Flooring type Tile
Building materials Stucco
Roof type Flat
Architectural style Other
Listing Agency: Keller Williams Realty
Listed By: Armando Sarti
Added: Aug 3 Changed: Aug 4 Last Checked: Aug 4 at 6:06PM
MLS# 948768

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 quadplex property occupies a 0.08-acre parcel and contains 1,200 square feet of building area. The improvements date to 1979 and feature stucco construction, a flat roof, tile flooring, central heating, and a fireplace. Interior amenities include a kitchen island, walk-in closet, free-standing gas oven, and range hood. Public sewer service is in place, and the property carries A2 zoning. Located in El Paso, the asset offers a defined multifamily classification with established residential improvements and a compact site configuration.

Key Highlights

  • Quadplex classification with 1,200 square feet of building area
  • 0.08‑acre parcel in El Paso, TX 79935
  • A2 zoning designation

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 $16.3k $13.56
− Vacancy −$773 −$0.64
EGI $15.5k $12.92
− OpEx −$4.6k −$3.87
NOI $10.8k $9.04
1,200 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$155.0K
$135.6K – $180.8K (±1% cap)
NOI $10,849 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$143.0K
$125.1K – $166.8K (±1% cap)
NOI $10,007 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$301.1K
$263.4K – $351.2K (±1% cap)
NOI $21,074 @ 7.0% cap · market cap 10.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Parking Lot & Garage Plumbing Service Carpet & Flooring Store Garden Center Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,143
Businesses Nearby

Demographics for 79935, TX

17,534
Population
7,165
Households
2.4
Avg Household Size
38
Median Age
28%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
5,010
Density / Sq Mi
$65,000
Median Household Income
$32,377
Median Earnings
$1,070
Median Rent
$194,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Compact El Paso multifamily asset with tile flooring, central heating, and public sewer service.
Where is this quadplex located?
The property is located at 10613 SPRINGWOOD Drive El Paso, TX.
What is the asking price?
The asking price for this property is $192,000.
What are key features of this property?
This property features: Quadplex classification with 1,200 square feet of building area; 0.08‑acre parcel in El Paso, TX 79935; A2 zoning designation
More about this property
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