Duplex with Covered
For Sale
$180,000
Pending
10615 Kinross Ave, El Paso, TX 79935
Residential income property with updated finishes, private outdoor space, and a single-car garage.
Property Size1,061 SF
Days on Market42
Property Features for 10615 Kinross Ave
General Information
Standard status
Pending
Size
1,061 SF
Property subtype
Multi-Family
Building Details
Year Built
1976
Listing Agency:
The Right Move Real Estate Gro
Listed By:
ClearView Realty
(915) 855-1110
Source:
Clearviewep
Added: Jul 23
Changed: Aug 31
Last Checked: Sep 1 at 6:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Right Move Real Estate Gro
Investment Insights
Based on property information with market context.
This 1976 duplex includes a described residence measuring 1,061 square feet, with three bedrooms, 1 3/4 baths, and a single garage. Interior features include tile and wood flooring, double-pane windows, Trane refrigerated air, a kitchen pantry, dining area, and family room with fireplace. The primary bedroom includes separate closets.
Outdoor improvements include an immaculately maintained front yard, a large rear yard with turf, privacy fencing, and a covered patio. The property is located at 10615 Kinross Ave in El Paso, Texas.
Outdoor improvements include an immaculately maintained front yard, a large rear yard with turf, privacy fencing, and a covered patio. The property is located at 10615 Kinross Ave in El Paso, Texas.
Key Highlights
- Duplex with 1,061 square feet of described living area
- Three bedrooms and 1 3/4 baths
- Single garage and Trane refrigerated air
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
$9,593
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
5.33%
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%
$191,860
$191.9K
Cap Rate 7%
$137,043
$137.0K
Cap Rate 9%
$106,589
$106.6K
Market Conditions
NOI Build-Up for 1,061 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
$14.4K $13.56/SF
− Vacancy
−$683 −$0.64/SF
EGI
$13.7K $12.92/SF
− OpEx
−$4.1K −$3.87/SF
NOI
$9.6K $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%
$191,860
Cap Rate 7%
$137,043
Cap Rate 9%
$106,589
Alternative Uses
Best Use
Multifamily LT 5
$137.0K
$119.9K – $159.9K
NOI $9,593 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$126.4K
$110.6K – $147.5K
NOI $8,848 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$266.2K
$232.9K – $310.6K
NOI $18,633 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Residential income property with updated finishes, private outdoor space, and a single-car garage.
Where is this duplex located?
The property is located at 10615 Kinross Ave El Paso, TX.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Duplex with 1,061 square feet of described living area; Three bedrooms and 1 3/4 baths; Single garage and Trane refrigerated air
