Well-Maintained Duplex
1345 Jasmine Ln San Elizario, TX 79849
1345 Jasmine Ln, San Elizario, TX, 79849
$294,950
For Sale
$294,950
MULTI_FAMILY - San Elizario, TX
Property Size1,170 SF
Lot Size0.50 Acres
Price / SF$252.09
Days on Market48
Property Features for 1345 Jasmine Ln
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- M2
- Appliances
- Washer Hookup, Refrigerator, Range Hood, Free-Standing Gas Oven
- Standard status
- Active
- APN
- C72000000300500
- Size
- 1,170 SF
- Lot size
- 0.50 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 3 COLONIA DE LAS AZALEAS LOT 5 (21081.41 SQ FT)
- Tax Annual Amount
- 4600
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
Building Details
- Year built
- 2008
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Rolled Hot Mop, Membrane
Listing Agency
Home Pros Real Estate Group
(915) 585-8806
1035 Belvidere St., Suite 200, el paso, TX
Listed by
Adolfo Alvarez · License #0605255
(915) 319-0953
Added: Jun 2 Checked: Jul 19 at 12:06 am
MLS# 945096
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.
This for-sale duplex property offers a turnkey income opportunity with two well-maintained 3-bedroom, 2-bath units. Each side features a spacious layout designed to support comfortable day-to-day living, with ample parking available on site. The property is positioned for immediate rental generation, making it a practical option for investors seeking steady cash flow or owner-occupants looking to offset housing costs.
Located in San Elizario, Texas, the property sits in a quiet and desirable neighborhood. With a lot size of 0.5 acres and a total property size of 1,170 square feet, the site provides straightforward parking and manageable grounds for day-to-day use. Zoning is listed as M2.
Given the duplex configuration and unit mix, this asset may appeal to buyers targeting residential income from multi-family rentals. Its maintained condition and strong rental potential are well-suited for investors who want a two-unit setup rather than a larger, more complex building.
Located in San Elizario, Texas, the property sits in a quiet and desirable neighborhood. With a lot size of 0.5 acres and a total property size of 1,170 square feet, the site provides straightforward parking and manageable grounds for day-to-day use. Zoning is listed as M2.
Given the duplex configuration and unit mix, this asset may appeal to buyers targeting residential income from multi-family rentals. Its maintained condition and strong rental potential are well-suited for investors who want a two-unit setup rather than a larger, more complex building.
Key Highlights
- Duplex built in 2008 with stucco construction
- Each unit offers 3 bedrooms and 2 bathrooms
- Forced‑air heating and public sewer service
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 | $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
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two income-producing units with spacious layouts and ample parking in a quiet neighborhood setting.
Where is this duplex located?
The property is located at 1345 Jasmine Ln 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: Duplex built in 2008 with stucco construction; Each unit offers 3 bedrooms and 2 bathrooms; Forced‑air heating and public sewer service
