1107 MYRTLE Avenue El Paso, TX 79901
MULTI_FAMILY - El Paso, TX
Property Features for 1107 MYRTLE Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C4
- Appliances
- Washer, Refrigerator, Microwave, Free-Standing Gas Oven, Dryer
- Standard status
- Active
- APN
- F60799901504300
- Size
- 2,304 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 15 FRANKLIN HEIGHTS 19 & 20 (6000 SQ FT)
- Tax Annual Amount
- 1544
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Forced Air
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 2024
- Number of units
- 4
- Roof type
- Shingle
Listing agent Alejandro Gamboa (915) 328-9799
Listing office Keller Williams Realty 12040 Tierra Este suite B206, El Paso, TX (915) 603-5293
Listing date May 29, 2025
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.
Key Highlights
- Quadraplex in a highly desirable, central El Paso location.
- Newly constructed in 2024/2025, minimizing maintenance concerns.
- Strong investment opportunity with high rental demand.
Local 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 | $31.2k | $13.56 |
| − Vacancy | −$1.5k | −$0.64 |
| EGI | $29.8k | $12.92 |
| − OpEx | −$8.9k | −$3.87 |
| NOI | $20.8k | $9.04 |
