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Two-Unit Duplex Property
For Sale
$475,000
Pending

14981 Eddie Mullens Court, El Paso, TX 79938

Residential Income, El Paso, TX

Property Size2,752 SF
Lot Size0.19 Acres
Days on Market102

Property Features for 14981 Eddie Mullens Court

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R5
Parking features On Street, Guest
Appliances Washer, Microwave, Gas Cooktop, Free-Standing Gas Oven, Exhaust Fan, Dryer, Disposal, Dishwasher
Subdivision Tierra Del Este
Elementary school Cactus Trail
Middle school Manuel R Puentes
High school Pebble Hills
Elementary school district Socorro
Middle school district Socorro
High school district Socorro
Standard status Pending
APN 677391
Size 2,752 SF
Lot size 0.19 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Description Tierra del Este #77 Block 477 Lot 6
Tax Annual Amount 9584
Legal Description Tierra del Este #77 Block 477 Lot 6

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s)

Amenities

full-size washer/dryer
turf patches
xeriscape

Building Details

Year built 2018
Number of units 2
Flooring type Tile - Ceramic
Building materials Stucco
Roof type Flat
Buildings 1
Listing Agency: Hiett & Associatees
Listed By: Guillermo Ricardo Sotomayor
Added: Jul 22 Changed: Oct 27 Last Checked: Oct 31 at 12:06AM
MLS# 948174

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,752-square-foot duplex at 14981 Eddie Mullens Court contains two separate residences: a two-story, three-bedroom, 2.5-bath unit and a single-story, three-bedroom, two-bath unit. Built in 2018, the property features stucco construction, ceramic tile flooring, central heating, ceiling fans, flat roofing, and low-maintenance outdoor areas with turf patches and xeriscaping. Each residence includes a full-size washer and dryer along with a kitchen appliance package that includes a microwave, gas cooktop, free-standing gas oven, exhaust fan, disposal, and dishwasher.

The property is served by public sewer and has on-street and guest parking. It is zoned R5 and forms part of a portfolio comprising 6 duplexes and 12 total units. Showings require an appointment, and access is limited to qualified buyers.

Key Highlights

  • 2,752 SF duplex with two residences
  • Two‑story unit offers 3 bedrooms and 2.5 baths
  • Single‑story unit offers 3 bedrooms and 2 baths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,602
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,040 $672.0K
Cap Rate 7%
$480,029 $480.0K
Cap Rate 9%
$373,356 $373.4K
Market Conditions
NOI Build-Up for 2,752 SF
Gross rent
$50.2K $18.24/SF
− Vacancy
−$2.2K −$0.80/SF
EGI
$48.0K $17.44/SF
− OpEx
−$14.4K −$5.23/SF
NOI
$33.6K $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 Rate 5%
$672,040
Cap Rate 7%
$480,029
Cap Rate 9%
$373,356

Alternative Uses

Best Use
Multifamily LT 5
$480.0K
$420.0K – $560.0K (±1% cap)
NOI $33,602 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$428.2K
$374.7K – $499.6K (±1% cap)
NOI $29,977 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$690.4K
$604.1K – $805.5K (±1% cap)
NOI $48,329 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

63
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Occupied residential income property with durable finishes, private yards, and in-unit laundry appliances.
Where is this duplex located?
The property is located at 14981 Eddie Mullens Court El Paso, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 2,752 SF duplex with two residences; Two‑story unit offers 3 bedrooms and 2.5 baths; Single‑story unit offers 3 bedrooms and 2 baths
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