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190 Polo Inn Road, El Paso, TX, 79915
Three-Unit Residential Income Property

190 Polo Inn Road El Paso, TX 79915

For Sale
$425,000

Multifamily dwelling with a main 4-bedroom, 2-bath home plus two additional apartments.

Property Size3,670 SF
Price / SF$115.80
Days on Market271

Property Features for 190 Polo Inn Road

General Information

Standard status
Active
Size
3,670 SF
Property subtype
Multi-Family / House Plus Unit(s)

Building Details

Year Built
1988
Listing Agency: ClearView Realty
Listed By: Hilda N Guevara · License #0645523
Source: Compass
Added: Oct 27, 2025 Changed: Jul 23 Last Checked: Jul 23 at 12:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ClearView Realty


Investment Insights

Based on property information with market context.

This three-unit residential income property includes a main home with 4 bedrooms and 2 full baths. Two additional apartments are also on-site: one unit with 2 bedrooms and 1 bath, and a second studio-style unit with 1 bedroom and 1 bath.

The property is located at 190 Polo Inn Road in El Paso, Texas.

Configured as a multi-unit dwelling, it supports a live-in arrangement with rental income from the two additional apartments.

Key Highlights

  • Multifamily dwelling with a main 4‑bedroom, 2‑bath home plus two additional apartments
  • Includes a 2‑bedroom, 1‑bath apartment and a studio‑style 1‑bedroom, 1‑bath unit
  • Free‑standing gas oven included; cooling and heating available

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 $49.8k $13.56
− Vacancy −$2.4k −$0.64
EGI $47.4k $12.92
− OpEx −$14.2k −$3.87
NOI $33.2k $9.04
3,670 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$474.0K
$414.8K – $553.0K (±1% cap)
NOI $33,181 @ 7.0% cap · market cap 7.81%
Second Best
Apartment 5plus
$437.2K
$382.6K – $510.1K (±1% cap)
NOI $30,604 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$920.7K
$805.6K – $1.07M (±1% cap)
NOI $64,450 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Nail Salon Hair Salon Pharmacy Skin Care Clinic Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Multifamily dwelling with a main 4-bedroom, 2-bath home plus two additional apartments.
Where is this triplex located?
The property is located at 190 Polo Inn Road El Paso, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Multifamily dwelling with a main 4‑bedroom, 2‑bath home plus two additional apartments; Includes a 2‑bedroom, 1‑bath apartment and a studio‑style 1‑bedroom, 1‑bath unit; Free‑standing gas oven included; cooling and heating available
More about this property
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