Two-Story Duplex with Master
For Sale
$209,999
1557 Greg Powers Drive, El Paso, TX 79936
Residential, El Paso, TX
Property Size1,451 SF
Lot Size0.10 Acres
Price / SF$144.73
Days on Market211
Property Features for 1557 Greg Powers Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
A2
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 3
Window features
Storm Window(s)
Interior features
Cathedral Ceiling(s), Master Downstairs
Exterior features
Back Yard Access
Appliances
Dishwasher, Disposal, Free-Standing Gas Oven
Subdivision
Vista Del Sol
Lot features
Standard Lot, Subdivided
Elementary school
Myrtle Cooper
Middle school
Walter Clarke
High school
Americas
Elementary school district
Socorro
Middle school district
Socorro
High school district
Socorro
Standard status
Active
APN
V893999941101150
Size
1,451 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
411 Vista del Sol #91 ELY 36.1 FT of 11
Tax Annual Amount
1879
Legal Description
411 Vista del Sol #91 ELY 36.1 FT of 11
Utilities
Sewer type
Public Sewer
Heating system
Central
Building Details
Year built
1989
Floors in Building
2
Flooring type
Carpet, Terrazzo
Building materials
Vinyl Siding, Brick Veneer
Roof type
Shingle
Architectural style
Other
Listing Agency:
Becky Nelson
(915) 309-0379
Listed By:
Becky Nelson
(915) 309-0379
Added: Feb 2
Changed: Aug 26
Last Checked: Sep 1 at 10:06PM
MLS# 937515
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.
Built in 1989, this 1,451-square-foot duplex features a two-story layout with a main-level primary bedroom, a loft, and a spacious family room connected to an open kitchen. Cathedral ceilings, upgraded finishes, natural light, refrigerated A/C, central heating, and a mix of carpet and terrazzo flooring add to the interior configuration. The property includes a dishwasher, disposal, and free-standing gas oven. Exterior details include vinyl siding, brick veneer, a shingle roof, a landscaped front yard, and backyard access. Public sewer serves the property, which is situated on a 0.1-acre lot.
The property is located at 1557 Greg Powers Drive in El Paso, near shopping along George Dieter and Pellicano, a park, and Myrtle Cooper Elementary. George Dieter provides access to I-10, while Pellicano connects to the Loop. The sale is offered as-is, with no further repairs to be made.
The property is located at 1557 Greg Powers Drive in El Paso, near shopping along George Dieter and Pellicano, a park, and Myrtle Cooper Elementary. George Dieter provides access to I-10, while Pellicano connects to the Loop. The sale is offered as-is, with no further repairs to be made.
Key Highlights
- 1,451‑square‑foot duplex on a 0.1‑acre lot
- Two‑story layout with primary bedroom on the main level and an upstairs loft
- Refrigerated A/C, central heating, cathedral ceilings, and upgraded interiors
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
$17,484
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
8.33%
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%
$349,680
$349.7K
Cap Rate 7%
$249,771
$249.8K
Cap Rate 9%
$194,267
$194.3K
Market Conditions
NOI Build-Up for 1,451 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
$26.1K $18.00/SF
− Vacancy
−$1.1K −$0.79/SF
EGI
$25.0K $17.21/SF
− OpEx
−$7.5K −$5.16/SF
NOI
$17.5K $12.05/SF
Area
ZIP 79936
Vacancy
4.37%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
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%
$349,680
Cap Rate 7%
$249,771
Cap Rate 9%
$194,267
Alternative Uses
Best Use
Multifamily LT 5
$249.8K
$218.6K – $291.4K
NOI $17,484 @ 7.0% cap · market cap 8.33%
Second Best
Apartment 5plus
$221.9K
$194.1K – $258.9K
NOI $15,531 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$307.0K
$268.6K – $358.2K
NOI $21,489 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-level duplex with refrigerated A/C, upgraded interiors, landscaped front yard, and a backyard with access.
Where is this duplex located?
The property is located at 1557 Greg Powers Drive El Paso, TX.
What is the asking price?
The asking price for this property is $209,999.
What are key features of this property?
This property features: 1,451‑square‑foot duplex on a 0.1‑acre lot; Two‑story layout with primary bedroom on the main level and an upstairs loft; Refrigerated A/C, central heating, cathedral ceilings, and upgraded interiors
