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    El Paso Multifamily Investment Property Title is generated by Realmo AI

    12879 Bret Harte Drive, El Paso, TX 79928

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    Claim this Listing
    For Sale
    $870,000

    COMMERCIAL - El Paso, TX

    Property size:
    900 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $966/SF
    Added:
    May 1, 2026
    Days on Market:
    42
    Last Refresh:
    Jun 11 at 1:06 am

    Property Features for 12879 Bret Harte Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    R1
    Fireplace
    1
    Standard status
    Active
    APN
    S56200202901100
    Size
    900 SF
    Lot size
    0.46 Acres

    Taxes and HOA fees

    Tax Description
    29 SPARKS #2 LOT 11

    Utilities

    Heating system
    Central

    We can help!

    Listing Contact
    Mariel Garcia

    Listing agent Mariel Garcia License #0663901

    Listing office Tru Realty Group 700 N Stanton St. Ste 310, El Paso, TX

    Listing date May 1, 2026

    MLS# 943237

    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.

    HighLights

    • High 9.2% current cap rate, indicating strong immediate cash flow.
    • Newly built (1 year old) construction ensures low maintenance.
    • Fully occupied with $82,800 annual income, providing a turnkey investment.
    • Upside potential with lease expirations starting in July, allowing for rent increases and a pro forma 10% cap rate.
    • Each unit features 2 bedrooms, 2 bathrooms, private washer/dryer room, and exterior storage, enhancing tenant appeal.
    • Tenant‑paid utilities (except water and trash) minimize owner expenses.

    Overview

    This modern multifamily investment property in El Paso, Texas, consists of three duplexes, totaling six units. Constructed one year ago, the property offers low maintenance and minimal capital expenditures. Each unit features two bedrooms, two bathrooms, approximately 900 square feet of living space, a private washer/dryer room, and exterior storage. The property is situated on a 0.46-acre lot. The property is fully occupied, generating a strong in-place annual income of $82,800. The owner is responsible for water and trash expenses, which amount to approximately $2,880 per year, while all other utilities are paid by the tenants. The current net operating income (NOI) is approximately $79,920, resulting in a 9.2% capitalization rate. Lease expirations begin in July, presenting an opportunity for rent increases and a pro forma capitalization rate near 10%. This turnkey, cash-flowing asset offers immediate income and growth potential. The property is zoned R1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Accounting Firm Big Box & Wholesale Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.242694
    Latitude
    31.681227

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    FAQs

    What type of property is this?
    Duplex - Six-unit multifamily property with strong income and growth potential.
    Where is this duplex located?
    The property is located at 12879 Bret Harte Drive El Paso, TX.
    What is the asking price?
    The asking price for this property is $870,000.
    What are key features of this property?
    This property features: High 9.2% current cap rate, indicating strong immediate cash flow.; Newly built (1 year old) construction ensures low maintenance.; Fully occupied with $82,800 annual income, providing a turnkey investment.
    (915) 373-8217
    We can help!
    Listing Contact
    Mariel Garcia
    Real Estate License ID: 0663901
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