151 N Pendell Road El Paso, TX 79905
MULTI_FAMILY - El Paso, TX
Property Features for 151 N Pendell Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Appliances
- Washer Hookup, Free-Standing Gas Oven
- Standard status
- Active
- APN
- 357322
- Size
- 3,274 SF
- Lot size
- 0.57 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- C COLLINGSWORTH N 86.17 FT OF 6 (24620.11 SQ FT)
- Tax Annual Amount
- 10834
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Window Unit(s), Evaporative Cooling
Building Details
- Year built
- 1949
- Number of units
- 4
- Flooring type
- Tile
- Building materials
- Adobe
- Roof type
- Shingle, Flat
- Additional Structures
- Packing Shed
Listing agent Varonica Christina Alexander (915) 226-9868
Listing office Home Pros Real Estate Group 1035 Belvidere St., Suite 200, el paso, TX (915) 585-8806
Listing date Mar 6, 2026
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.
The listing notes the units are near Texas Tech and close to I-10. Zoning is identified as R1.
Showing arrangements are coordinated through the listing agent via Showingtime. Interested parties can schedule an appointment to review the property in person.
Key Highlights
- Multi‑family property with 4 detached, one‑story buildings
- Building sizes include 720 SF, 1080 SF, 720 SF, and 754 SF
- Construction includes adobe; flooring is tile
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 | $44.4k | $13.56 |
| − Vacancy | −$2.1k | −$0.64 |
| EGI | $42.3k | $12.92 |
| − OpEx | −$12.7k | −$3.87 |
| NOI | $29.6k | $9.04 |
