Fourplex With Separately Metered Utilities

11625 JAMES WATT Drive El Paso, TX 79936

Claim this Listing
For Sale
$575,000

MULTI_FAMILY - El Paso, TX

Property size:
2,972 SF
Lot size:
0.23 Acres
Price / SF:
$193/SF
Added:
Jul 5, 2026
Days on Market:
8
Last Refresh:
Jul 12 at 1:06 pm

Property Features for 11625 JAMES WATT Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Parking
8
Appliances
Range Hood, Free-Standing Gas Oven, Disposal
Standard status
Active
APN
V89399927200400
Size
2,972 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
272 VISTA DEL SOL #57 REPLAT A LOT 4
Tax Annual Amount
10140

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Central

Building Details

Year built
1983
Number of units
4
Building materials
Brick
Roof type
Shingle

Listing agent Cynthia Vivar Onick

Listing office Camacho Real Estate 8201 Lockheed Ste. 200, El Paso, TX

Listing date Jul 5, 2026

MLS# 947419

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.

Four-unit residential income property (quadplex) offered for sale in El Paso. The building contains four well-maintained units, each featuring 2 bedrooms and 1 bathroom. Each unit has separately metered utilities, refrigerated A/C, and a mix of hardwood, tile, and carpet flooring.

The property is located at 11625 James Watt Drive (ZIP 79936). Zoning is listed as R4, and the remarks note easy access to I-10.

The overall configuration supports owner-occupancy with rental income from three additional units, based on the stated layout of four separate 2 bed, 1 bath residences.

Key Highlights

  • Brick duplex built in 1983 with central natural gas heating
  • Four 2‑bed, 1‑bath units with hardwood, tile, and carpet flooring
  • All utilities separated across the units

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 $53.5k $18.00
− Vacancy −$2.3k −$0.79
EGI $51.2k $17.21
− OpEx −$15.3k −$5.16
NOI $35.8k $12.05
2,972 SF · lease $18.00/SF/yr · vacancy 4.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$511.6K
$447.6K – $596.9K (±1% cap)
NOI $35,811 @ 7.0% cap · market cap 6.23%
Second Best
Apartment 5plus
$454.5K
$397.7K – $530.2K (±1% cap)
NOI $31,812 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$628.8K
$550.2K – $733.6K (±1% cap)
NOI $44,015 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Law Firm Nursing Home (Bike/Boat/Book/etc) Store Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Well-maintained four-unit property with separate utilities and refrigerated A/C, with each unit featuring 2 beds and 1 bath.
Where is this quadplex located?
The property is located at 11625 JAMES WATT Drive El Paso, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Brick duplex built in 1983 with central natural gas heating; Four 2‑bed, 1‑bath units with hardwood, tile, and carpet flooring; All utilities separated across the units
Contact an agent
More about this property
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