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Four-Unit Quadplex with Separated Utilities
For Sale
$575,000
Pending

11625 JAMES WATT Drive, El Paso, TX 79936

Residential Income, El Paso, TX

Property Size2,972 SF
Lot Size0.23 Acres
Days on Market101

Property Features for 11625 JAMES WATT Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R4
Parking 8
Appliances Range Hood, Free-Standing Gas Oven, Disposal
Subdivision Vista Del Sol
Elementary school Tierra Del Sol
Middle school Desertv
High school Hanks
Elementary school district Ysleta
Middle school district Ysleta
High school district Ysleta
Standard status Pending
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
Legal Description 272 VISTA DEL SOL #57 REPLAT A LOT 4

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 Agency: Camacho Real Estate
Listed By: Cynthia Vivar Onick · License #2884
Added: Jul 5 Changed: Oct 7 Last Checked: Oct 13 at 11:06AM
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.

This 2,972-square-foot quadplex contains four two-bedroom, one-bath units, offering a consistent residential layout across the building. The property was built in 1983 and features brick construction, refrigerated AC, central natural gas heating, and separate utilities for each residence. Flooring varies by unit, including hardwood, tile, and carpet. Appliances include a range hood, free-standing gas oven, and disposal.

The 0.23-acre property is located near I-10, movie theaters, and shopping centers in El Paso. Public sewer service is in place, and the roof is shingle. The R4 zoning designation supports its multifamily classification. Long-term tenants are in place, and the current configuration includes three occupied rental units alongside an owner-occupancy option.

Key Highlights

  • Four‑unit property with four 2‑bed, 1‑bath residences
  • 2,972 SF building on a 0.23‑acre lot
  • R4 zoning with multifamily classification

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,811
Cap Rate
6.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,220 $716.2K
Cap Rate 7%
$511,586 $511.6K
Cap Rate 9%
$397,900 $397.9K
Market Conditions
NOI Build-Up for 2,972 SF
Gross rent
$53.5K $18.00/SF
− Vacancy
−$2.3K −$0.79/SF
EGI
$51.2K $17.21/SF
− OpEx
−$15.3K −$5.16/SF
NOI
$35.8K $12.05/SF
Area
ZIP 79936
Vacancy
4.37%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,220
Cap Rate 7%
$511,586
Cap Rate 9%
$397,900

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 authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,434
Businesses Nearby

Demographics for 79936, TX

105,150
Population
36,825
Households
2.9
Avg Household Size
37
Median Age
28%
College-Educated
86%
High-School Grad
25.9 sq mi
ZIP Area
4,060
Density / Sq Mi
$64,958
Median Household Income
$32,862
Median Earnings
$1,214
Median Rent
$169,500
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
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Frequently Asked Questions

What type of property is this?
Quadplex - R4-zoned multifamily property with individually separated utilities and a mix of hardwood, tile, and carpet flooring.
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: Four‑unit property with four 2‑bed, 1‑bath residences; 2,972 SF building on a 0.23‑acre lot; R4 zoning with multifamily classification
More about this property
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