13048 Sparks Drive El Paso, TX 79928
MULTI_FAMILY - El Paso, TX
Property Features for 13048 Sparks Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Out of Area
- Appliances
- Washer Hookup, Disposal, Dishwasher
- Standard status
- Active
- APN
- 88254
- Size
- 3,272 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 47 SPARKS #3 LOT 9
- Tax Annual Amount
- 7383
Utilities
- Sewer type
- Public Sewer
- Heating system
- Solar (Heating), Forced Air, Central
Building Details
- Year built
- 2008
- Number of units
- 3
- Building materials
- Stucco
- Roof type
- Composition
Listing agent Michael Bray License #0385615 (915) 549-1770
Listing office R C Properties 4855 N Mesa, Ste. 116, El Paso, TX (915) 328-9992
Listing date Dec 8, 2025
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.
In addition, the backyard includes a duplex with two separate sides: one side offers a 1-bedroom unit and the other side offers a 2-bedroom unit. The property is located at 13048 Sparks Drive in El Paso, Texas 79928, within an established subdivision known as Sparks.
Overall, the layout combines a larger primary residence with two additional rental units, creating a multifamily configuration suited for buyers seeking multiple income-producing spaces under one ownership structure.
Key Highlights
- Gated lot over 6,000 sq ft in an established subdivision of Sparks.
- Main home built in 2008 with 4 bedrooms and 3 baths.
- Backyard includes a duplex: one 1‑bedroom unit and one 2‑bedroom unit.
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 | $44.0k | $13.44 |
| − Vacancy | −$2.1k | −$0.64 |
| EGI | $41.9k | $12.80 |
| − OpEx | −$12.6k | −$3.84 |
| NOI | $29.3k | $8.96 |
