Duplex Income
1345 Jasmin Lane Unit A & B San Elizario, TX 79849
For Sale
$294,950
Two well-maintained duplex units with 3 bedrooms and 2 baths each, offering flexible owner-occupant or rental use.
Property Size1,170 SF
Price / SF$252.09
Days on Market86
Property Features for 1345 Jasmin Lane Unit A & B
General Information
- Standard status
- Active
- Size
- 1,170 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 2008
Listing Agency:
Home Pros Real Estate Group
(915) 319-0953
Listed By:
Adolfo Alvarez · License #0605255
Source:
Compass
Added: Apr 30
Changed: Jul 10
Last Checked: Jul 24 at 1:56PM
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 Home Pros Real Estate Group
Investment Insights
Based on property information with market context.
This duplex income property includes Unit A and Unit B, each laid out as a 3-bedroom, 2-bath home. The residences are described as well-maintained and are presented with attractive, spacious layouts designed for everyday livability. The property also includes ample parking, supporting convenient tenant and guest access. The overall property size is listed as 1,170.
The asset is located at 1345 Jasmin Lane in San Elizario, Texas 79849. It is positioned in a residential neighborhood, and the offering is presented as immediately available for investors or owner-occupants seeking an on-site rental setup.
For tenants, the configuration supports comfortable room counts with multiple bedrooms and two bathrooms per unit. For owner-occupants, the duplex format can allow you to live in one unit while renting the other. For investors, the property provides a straightforward two-unit structure within a single purchase, with parking onsite and two independent dwelling units already in place. This is a for-sale offering intended to produce income upon ownership, based on the property’s existing duplex design.
The asset is located at 1345 Jasmin Lane in San Elizario, Texas 79849. It is positioned in a residential neighborhood, and the offering is presented as immediately available for investors or owner-occupants seeking an on-site rental setup.
For tenants, the configuration supports comfortable room counts with multiple bedrooms and two bathrooms per unit. For owner-occupants, the duplex format can allow you to live in one unit while renting the other. For investors, the property provides a straightforward two-unit structure within a single purchase, with parking onsite and two independent dwelling units already in place. This is a for-sale offering intended to produce income upon ownership, based on the property’s existing duplex design.
Key Highlights
- Two duplex units (2008 build) with 3 bedrooms and 2 bathrooms each
- Washer hookup plus appliances included: refrigerator, range hood, and free‑standing gas oven
- Roof is membrane/rolled hot mop
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 | $14.7k | $12.60 |
| − Vacancy | −$882 | −$0.75 |
| EGI | $13.9k | $11.85 |
| − OpEx | −$4.2k | −$3.55 |
| NOI | $9.7k | $8.29 |
1,170 SF · lease $12.60/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$138.6K
$121.3K – $161.7K
NOI $9,702 @ 7.0% cap · market cap 3.29%
Second Best
Apartment 5plus
$127.1K
$111.3K – $148.3K
NOI $8,900 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$211.4K
$185.0K – $246.7K
NOI $14,801 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two well-maintained duplex units with 3 bedrooms and 2 baths each, offering flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 1345 Jasmin Lane Unit A & B San Elizario, TX.
What is the asking price?
The asking price for this property is $294,950.
What are key features of this property?
This property features: Two duplex units (2008 build) with 3 bedrooms and 2 bathrooms each; Washer hookup plus appliances included: refrigerator, range hood, and free‑standing gas oven; Roof is membrane/rolled hot mop