Residential Income Duplex with
15000 ARKMONK Avenue El Paso, TX 79928
15000 ARKMONK Avenue, El Paso, TX, 79928
$260,000
For Sale
$260,000
MULTI_FAMILY - Other - El Paso, TX
Property Size2,710 SF
Lot Size0.45 Acres
Price / SF$95.94
Days on Market637
Property Features for 15000 ARKMONK Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R1
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Dining Room, Bedroom 3, Bedroom 4
- 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
- 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
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central, Propane (Heating)
- Cooling system
- Ceiling Fan(s)
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
(915) 231-1225
5925 Silver Springs Suite A, El Paso, TX
Listed by
Misael Ortiz
(915) 525-2698
Added: Oct 23, 2024 Updated: Jul 18 at 10:04 am Checked: Jul 21 at 12:06 am
MLS# 911057
Listing URL
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 residential income property includes two homes and one mobile home on the same site. The two remodeled units are described as 3-bedroom, 2-bath layouts, and the homes have refrigerated A/C. The property is set on a fenced area, with additional land on site for expansion of other units.
Located at 15000 ARKMONK Avenue in El Paso, Texas 79928, the property is identified with R1 zoning and is positioned in what the remarks describe as a very quiet neighborhood.
Overall, the configuration is suited to tenants seeking self-contained units, with the added presence of a mobile home on the premises for potential rental income. Showings are encouraged to confirm the current condition and layout details.
Located at 15000 ARKMONK Avenue in El Paso, Texas 79928, the property is identified with R1 zoning and is positioned in what the remarks describe as a very quiet neighborhood.
Overall, the configuration is suited to tenants seeking self-contained units, with the added presence of a mobile home on the premises for potential rental income. Showings are encouraged to confirm the current condition and layout details.
Key Highlights
- 2018‑built property featuring 2+ living areas, cathedral ceilings, and high‑speed internet
- Remodeled 2 units: each offers 3 bedrooms and 2 bathrooms on a fenced 0.47‑acre lot
- Includes an additional one mobile home plus plenty of land to expand other units
Local Financial Insights For Apartment 5plus
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 | $42.9k | $15.84 |
| − Vacancy | −$2.1k | −$0.79 |
| EGI | $40.8k | $15.05 |
| − OpEx | −$18.4k | −$6.77 |
| NOI | $22.4k | $8.28 |
2,710 SF · lease $15.84/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$346.9K
$303.6K – $404.8K
NOI $24,285 @ 7.0% cap · market cap 9.34%
Second Best
Apartment 5plus
$320.4K
$280.4K – $373.8K
NOI $22,429 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$473.9K
$414.6K – $552.8K
NOI $33,170 @ 7.0% cap · market cap 12.76%
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 - Remodeled two-unit residence plus a mobile home, featuring refrigerated A/C and three-bedroom, two-bath units.
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: 2018‑built property featuring 2+ living areas, cathedral ceilings, and high‑speed internet; Remodeled 2 units: each offers 3 bedrooms and 2 bathrooms on a fenced 0.47‑acre lot; Includes an additional one mobile home plus plenty of land to expand other units
