Spacious Home with
For Sale
$387,000
13048 Sparks Drive, El Paso, TX 79928
Large home with a duplex in Sparks subdivision.
Property Size3,272 SF
Lot Size0.14 Acres
Price / SF$118.28
Days on Market350
Property Features for 13048 Sparks Drive
General Information
Standard status
Active
Size
3,272 SF
Lot size
0.14 Acres
Property subtype
Multi-Family / Triplex
Zoning
Out of Area
Taxes and HOA fees
Annual Taxes
$7,383
Amenities
Yes
.00
Composition, Pitched, See Remarks
Building Details
Year Built
2008
Listing Agency:
R C Properties
Listed By:
Michael Bray · License #0385615
(915) 549-1770
Source:
Compass
Added: Oct 31, 2025
Changed: Oct 10
Last Checked: Oct 15 at 1:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of R C Properties
Investment Insights
Based on property information with market context.
Located in the Sparks subdivision, this property features a main house and a duplex, situated on a gated lot exceeding 6000 square feet. The main house includes four bedrooms and three bathrooms. The backyard contains a duplex with two units: one with one bedroom and the other with two bedrooms. The property size is 3272 square feet.
Key Highlights
- Large main home featuring four spacious bedrooms and three baths.
- Gated lot over 6000 sqft.
- Backyard duplex with a 1‑bedroom unit and a 2‑bedroom unit.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,321
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,420
$586.4K
Cap Rate 7%
$418,871
$418.9K
Cap Rate 9%
$325,789
$325.8K
Market Conditions
NOI Build-Up for 3,272 SF
Gross rent
$44.0K $13.44/SF
− Vacancy
−$2.1K −$0.64/SF
EGI
$41.9K $12.80/SF
− OpEx
−$12.6K −$3.84/SF
NOI
$29.3K $8.96/SF
Area
ZIP 79928
Vacancy
4.75%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$586,420
Cap Rate 7%
$418,871
Cap Rate 9%
$325,789
Alternative Uses
Best Use
Multifamily LT 5
$418.9K
$366.5K – $488.7K
NOI $29,321 @ 7.0% cap · market cap 7.58%
Second Best
Apartment 5plus
$386.9K
$338.5K – $451.3K
NOI $27,080 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$572.1K
$500.6K – $667.5K
NOI $40,049 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
148
Businesses Nearby
Explore this area
Business Placement
Demographics for 79928, TX
78,971
Population
24,841
Households
3.2
Avg Household Size
29
Median Age
24%
College-Educated
85%
High-School Grad
209.9 sq mi
ZIP Area
376
Density / Sq Mi
$73,704
Median Household Income
$37,406
Median Earnings
$1,145
Median Rent
$188,600
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Large home with a duplex in Sparks subdivision.
Where is this triplex located?
The property is located at 13048 Sparks Drive El Paso, TX.
What is the asking price?
The asking price for this property is $387,000.
What are key features of this property?
This property features: Large main home featuring four spacious bedrooms and three baths.; Gated lot over 6000 sqft.; Backyard duplex with a 1‑bedroom unit and a 2‑bedroom unit.
