Spacious Home with
13048 Sparks Drive El Paso, TX 79928
For Sale
$387,000
Large home with a duplex in Sparks subdivision.
Property Size3,272 SF
Lot Size0.14 Acres
Price / SF$118.28
Days on Market385
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
Building Details
- Year Built
- 2008
Listing Agency:
R C Properties
(915) 549-1770
Listed By:
Michael Bray · License #0385615
Source:
Compass
Added: Jul 8, 2025
Changed: Jul 10
Last Checked: Jul 26 at 4:55PM
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 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 |
3,272 SF · lease $13.44/SF/yr · vacancy 4.75% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
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.
