Brick-Veneer Residential Income
For Sale
$159,950
1533 GREG POWERS Drive, El Paso, TX 79936
Residential, El Paso, TX
Property Size1,074 SF
Lot Size0.09 Acres
Price / SF$148.93
Days on Market9
Property Features for 1533 GREG POWERS Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
A2
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Laundry Room, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2
Window features
Blinds
Interior features
Ceiling Fan(s)
Fireplace
1
Appliances
Dishwasher, Range Hood, Refrigerator
Subdivision
Vista Del Sol
Lot features
Standard Lot
Elementary school
Mcooper
Middle school
Walter Clarke
High school
Americas
Elementary school district
Socorro
Middle school district
Socorro
High school district
Socorro
Standard status
Active
APN
V89399941201075
Size
1,074 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
412 VISTA DEL SOL #91 SLY PT OF LOT 10 (35.16 ON ST - 114.5 ON S - IRREG ON W - 113.44 ON N) (3988.77 SQ FT)
Tax Annual Amount
1481
Legal Description
412 VISTA DEL SOL #91 SLY PT OF LOT 10 (35.16 ON ST - 114.5 ON S - IRREG ON W - 113.44 ON N) (3988.77 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Evaporative Cooling
Building Details
Year built
1987
Floors in Building
1
Flooring type
Tile
Building materials
Brick Veneer
Roof type
Composition
Architectural style
Other
Listing Agency:
Revolve Realty, LLC
(915) 500-9549
Listed By:
Jessica Gomez
(915) 490-7224
Added: Aug 31
Changed: Sep 4
Last Checked: Sep 8 at 4:06AM
MLS# 950319
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 residential income property provides 1,074 square feet of living area on a 0.09-acre lot in El Paso. The home features an open interior arrangement with multiple bedrooms, two bathrooms, a separate laundry room, and a primary suite with a private bath and closet space. Brick veneer construction, tile flooring, forced-air heating, evaporative cooling, and a composition roof complete the core improvements. A fireplace and ceiling fans add to the interior features, while the kitchen includes a dishwasher, range hood, and refrigerator.
The property is served by public sewer and carries A2 zoning. Its 1987 construction provides an established residential improvement with practical household features and a manageable lot size.
The property is served by public sewer and carries A2 zoning. Its 1987 construction provides an established residential improvement with practical household features and a manageable lot size.
Key Highlights
- 1,074‑square‑foot residential income property on a 0.09‑acre lot
- Brick veneer construction with composition roof
- Open interior layout with multiple bedrooms and two bathrooms
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
$11,496
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
7.19%
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%
$229,920
$229.9K
Cap Rate 7%
$164,229
$164.2K
Cap Rate 9%
$127,733
$127.7K
Market Conditions
NOI Build-Up for 1,074 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
$21.9K $20.40/SF
− Vacancy
−$1.0K −$0.94/SF
EGI
$20.9K $19.46/SF
− OpEx
−$9.4K −$8.76/SF
NOI
$11.5K $10.70/SF
Area
ZIP 79936
Vacancy
4.60%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
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%
$229,920
Cap Rate 7%
$164,229
Cap Rate 9%
$127,733
Alternative Uses
Best Use
Apartment 5plus
$164.2K
$143.7K – $191.6K
NOI $11,496 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$227.2K
$198.8K – $265.1K
NOI $15,906 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
875
Businesses Nearby
Explore this area
Business Placement
Demographics for 79936, TX
105,150
Population
36,825
Households
2.9
Avg Household Size
37
Median Age
28%
College-Educated
86%
High-School Grad
25.9 sq mi
ZIP Area
4,060
Density / Sq Mi
$64,958
Median Household Income
$32,862
Median Earnings
$1,214
Median Rent
$169,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Single-story residence with an open layout, private primary bath, tile flooring, and low-maintenance outdoor space.
Where is this residential income property located?
The property is located at 1533 GREG POWERS Drive El Paso, TX.
What is the asking price?
The asking price for this property is $159,950.
What are key features of this property?
This property features: 1,074‑square‑foot residential income property on a 0.09‑acre lot; Brick veneer construction with composition roof; Open interior layout with multiple bedrooms and two bathrooms
