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Duplex Property with Mobile Home
For Sale
$260,000

15000 ARKMONK Avenue, El Paso, TX 79928

Residential, El Paso, TX

Property Size2,710 SF
Lot Size0.45 Acres
Price / SF$95.94
Days on Market726

Property Features for 15000 ARKMONK Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R1
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 4, Dining Room, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 1
Window features Single Pane Window(s)
Interior features Cathedral Ceiling(s), 2+ Living Areas, Ceiling Fan(s), High Speed Internet
Exterior features Back Yard Access
Appliances Convection Oven, Fan Hood, Gas Water Heater
Subdivision Horizon City
Elementary school Clint
Middle school Clint
High school Clint
Elementary school district Clint
Middle school district Clint
High school district Clint
Standard status Active
APN H77909077800005
Size 2,710 SF
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 778 HORIZON CITY #90 LOT 1 (21614.47SQ FT)
Tax Annual Amount 8000
Legal Description 778 HORIZON CITY #90 LOT 1 (21614.47SQ FT)

Utilities

Sewer type Septic Tank
Heating system Central, Propane (Heating)
Cooling system Ceiling Fan(s)

Amenities

refrigerated AC unit

Building Details

Year built 2018
Floors in Building 1
Flooring type Tile, Carpet
Building materials Stone, Stucco
Roof type Shingle
Architectural style Other
Listing Agency: Realty One Group Mendez Burk
Listed By: Misael Ortiz
Added: Oct 23, 2024 Changed: Oct 2 Last Checked: Oct 18 at 4:06PM
MLS# 911057

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.

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Investment Insights

Based on property information with market context.

This R1-zoned residential property includes two remodeled homes along with a separate mobile home. The homes provide a combined 2,710 square feet of property size, with multiple living areas, tile and carpet flooring, cathedral ceilings, ceiling fans, and back-yard access. Stone and stucco construction, shingle roofing, central heating, and a propane heating system are also reported. The property was built in 2018.

Located in El Paso, the site is served by a septic tank system and includes a convection oven, fan hood, and gas water heater. The source information identifies bedrooms 1 through 6, two bathrooms, a dining room, and additional residential rooms. The property offers an existing multi-structure residential configuration within the R1 designation.

Key Highlights

  • Two remodeled residential units plus one mobile home
  • 2,710 square feet of property size
  • R1 zoning designation

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,429
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,580 $448.6K
Cap Rate 7%
$320,414 $320.4K
Cap Rate 9%
$249,211 $249.2K
Market Conditions
NOI Build-Up for 2,710 SF
Gross rent
$42.9K $15.84/SF
− Vacancy
−$2.1K −$0.79/SF
EGI
$40.8K $15.05/SF
− OpEx
−$18.4K −$6.77/SF
NOI
$22.4K $8.28/SF
Area
ZIP 79928
Vacancy
5.00%
Lease Rate
$15.84 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,580
Cap Rate 7%
$320,414
Cap Rate 9%
$249,211

Alternative Uses

Best Use
Multifamily LT 5
$346.9K
$303.6K – $404.8K (±1% cap)
NOI $24,285 @ 7.0% cap · market cap 9.34%
Second Best
Apartment 5plus
$320.4K
$280.4K – $373.8K (±1% cap)
NOI $22,429 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$473.9K
$414.6K – $552.8K (±1% cap)
NOI $33,170 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby

Demographics for 79928, TX

78,971
Population
24,841
Households
3.2
Avg Household Size
29
Median Age
24%
College-Educated
85%
High-School Grad
209.9 sq mi
ZIP Area
376
Density / Sq Mi
$73,704
Median Household Income
$37,406
Median Earnings
$1,145
Median Rent
$188,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Two remodeled residential units and an additional mobile home occupy an R1-zoned El Paso property.
Where is this duplex located?
The property is located at 15000 ARKMONK Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two remodeled residential units plus one mobile home; 2,710 square feet of property size; R1 zoning designation
More about this property
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