Tenant-Occupied
New
For Sale
$359,000
14305 Arthur Ashe Court, El Paso, TX 79938
MULTI_FAMILY - El Paso, TX
Property Size2,283 SF
Lot Size0.21 Acres
Price / SF$157.25
Days on Market2
Property Features for 14305 Arthur Ashe Court
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1
Appliances
Washer, Refrigerator, Microwave, Dryer, Disposal, Dishwasher
Subdivision
Tierra Del Este
Elementary school
Billsrynt
Middle school
Rafael Hernando III
High school
Pebble Hills
Elementary school district
Socorro
Middle school district
Socorro
High school district
Socorro
Standard status
Active
APN
T28799925200310
Size
2,283 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BLK 252 TIERRA DEL ESTE #63 LOT 31
Tax Annual Amount
8043
Legal Description
BLK 252 TIERRA DEL ESTE #63 LOT 31
Utilities
Heating system
Central, Natural Gas, Forced Air
Cooling system
Ceiling Fan(s), Central Air
Amenities
refrigerator
appliances
refrigerated A/C
carpet
tile flooring
washer/dryer
storage
backyard
Building Details
Year built
2011
Number of units
2
Flooring type
Tile, Carpet
Building materials
Stucco
Listing Agency:
The Right Move Real Estate Gro
(915) 253-1966
Listed By:
Martha Isabel Aguayo
(915) 204-7017
Added: Aug 7
Changed: Aug 8
Last Checked: Aug 8 at 5:06AM
MLS# 949054
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 single-story duplex, constructed in 2011, contains two independent residences. Unit A provides 3 bedrooms and 2 bathrooms within 1,286 square feet, while Unit B includes 2 bedrooms and 2 bathrooms across 996 square feet. Both units feature open living areas, tile and carpet flooring, refrigerated air conditioning, central heating, and kitchens equipped with refrigerators and other appliances. Each residence also includes an attached one-car garage with washer and dryer connections, a water heater, and storage space.
The property occupies 0.21 acres in a cul-de-sac within the Tierra Del Este subdivision. Both units are currently occupied by tenants. Nearby access includes schools, restaurants, entertainment, and medical facilities. R1 zoning applies to the property.
The property occupies 0.21 acres in a cul-de-sac within the Tierra Del Este subdivision. Both units are currently occupied by tenants. Nearby access includes schools, restaurants, entertainment, and medical facilities. R1 zoning applies to the property.
Key Highlights
- Two‑unit duplex with 3BD/2BA and 2BD/2BA floor plans
- Unit A measures 1,286 sqft; Unit B measures 996 sqft
- Both residences are occupied by tenants
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,876
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$557,520
$557.5K
Cap Rate 7%
$398,229
$398.2K
Cap Rate 9%
$309,733
$309.7K
Market Conditions
NOI Build-Up for 2,283 SF
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.
Gross rent
$41.6K $18.24/SF
− Vacancy
−$1.8K −$0.80/SF
EGI
$39.8K $17.44/SF
− OpEx
−$11.9K −$5.23/SF
NOI
$27.9K $12.21/SF
Area
ZIP 79938
Vacancy
4.37%
Lease Rate
$18.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$557,520
Cap Rate 7%
$398,229
Cap Rate 9%
$309,733
Alternative Uses
Best Use
Multifamily LT 5
$398.2K
$348.5K – $464.6K
NOI $27,876 @ 7.0% cap · market cap 7.76%
Second Best
Apartment 5plus
$355.3K
$310.9K – $414.5K
NOI $24,868 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$572.8K
$501.2K – $668.2K
NOI $40,093 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
Explore this area
Business Placement
Demographics for 79938, TX
96,353
Population
29,818
Households
3.2
Avg Household Size
29
Median Age
28%
College-Educated
85%
High-School Grad
390.2 sq mi
ZIP Area
247
Density / Sq Mi
$75,801
Median Household Income
$40,528
Median Earnings
$1,433
Median Rent
$199,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Single-story residential income property with two separately configured units, attached garages, and R1 zoning.
Where is this duplex located?
The property is located at 14305 Arthur Ashe Court El Paso, TX.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: Two‑unit duplex with 3BD/2BA and 2BD/2BA floor plans; Unit A measures 1,286 sqft; Unit B measures 996 sqft; Both residences are occupied by tenants
