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10-Unit Apartment Property
For Sale
$650,000

1126 E SAN ANTONIO Avenue, El Paso, TX 79901

Residential Income, El Paso, TX

Property Size4,848 SF
Lot Size0.08 Acres
Price / SF$134.08
Days on Market99

Property Features for 1126 E SAN ANTONIO Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R1
Parking features On Street
Appliances Refrigerator, Gas Cooktop
Subdivision Magoffin
Elementary school Hart
Middle school Guillen
High school Bowie
Elementary school district El Paso
Middle school district El Paso
High school district El Paso
Standard status Active
APN M02899908009700
Size 4,848 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 80 MAGOFFIN 32 & ELY PT OF 31 (38.00 ON NLY 90.00 ON ELY-42.50 ON SLY- IRREG ON WLY) (3650.00 SQ FT)
Tax Annual Amount 11161
Legal Description 80 MAGOFFIN 32 & ELY PT OF 31 (38.00 ON NLY 90.00 ON ELY-42.50 ON SLY- IRREG ON WLY) (3650.00 SQ FT)

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s)

Building Details

Year built 1920
Number of units 10
Flooring type Hardwood, Laminate
Building materials Brick
Roof type Flat
Additional Structures Storage
Listing Agency: The Agency Real Estate and Propert Managent LLC
Listed By: Dayanna Flores
Added: Jul 10 Changed: Sep 13 Last Checked: Oct 16 at 2:06PM
MLS# 947381

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.

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Investment Insights

Based on property information with market context.

This apartment property contains 10 one-bedroom, one-bathroom units arranged across two separate buildings. One structure has 4 units and the other has 6. The 4,848-square-foot property was built in 1920 and features brick construction, flat roofing, hardwood and laminate flooring, window-unit cooling, refrigerators, and gas cooktops. Each residence has an individual electric meter. Public sewer service and on-street parking are provided.

Six units are leased to long-term tenants, while 4 are vacant. The property is located near schools, shopping, restaurants, and major roadways in Central El Paso. It is zoned R1 and is being sold as-is.

Key Highlights

  • 10 one‑bedroom, one‑bathroom units across two buildings
  • Unit distribution includes 4 apartments in one building and 6 in the other
  • 4,848 square feet on 0.08 acres; built in 1920

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,428
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,560 $808.6K
Cap Rate 7%
$577,543 $577.5K
Cap Rate 9%
$449,200 $449.2K
Market Conditions
NOI Build-Up for 4,848 SF
Gross rent
$77.4K $15.96/SF
− Vacancy
−$3.9K −$0.80/SF
EGI
$73.5K $15.16/SF
− OpEx
−$33.1K −$6.82/SF
NOI
$40.4K $8.34/SF
Area
El Paso, TX
Vacancy
5.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$808,560
Cap Rate 7%
$577,543
Cap Rate 9%
$449,200

Alternative Uses

Best Use
Apartment 5plus
$577.5K
$505.4K – $673.8K (±1% cap)
NOI $40,428 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.06M – $1.42M (±1% cap)
NOI $85,138 @ 7.0% cap · market cap 13.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Pet Grooming Service Catering Service Pet Store

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

Lease Details

10
Residential units
60%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,044
Businesses Nearby

Demographics for 79901, TX

10,027
Population
4,571
Households
2.2
Avg Household Size
40
Median Age
7%
College-Educated
46%
High-School Grad
2.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$13,984
Median Household Income
$19,026
Median Earnings
$517
Median Rent
$93,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two-building apartment asset with separately metered electricity and a mix of occupied and vacant residences.
Where is this apartment building located?
The property is located at 1126 E SAN ANTONIO Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 10 one‑bedroom, one‑bathroom units across two buildings; Unit distribution includes 4 apartments in one building and 6 in the other; 4,848 square feet on 0.08 acres; built in 1920
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