205 WOOLDRIDGE Drive El Paso, TX 79915
MULTI_FAMILY - El Paso, TX
Property Features for 205 WOOLDRIDGE Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Appliances
- Range Hood, Gas Water Heater, Electric Water Heater
- Standard status
- Active
- APN
- R15599900203700
- Size
- 1,974 SF
- Lot size
- 17.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 2 RAMONA PLACE LOT 10 FLR2C
- Tax Annual Amount
- 5400
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1949
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Flat, Shingle
Listing agent Luis F. Contreras License #0689257 (915) 269-0831
Listing office Realty One Group Mendez Burk 5925 Silver Springs Suite A, El Paso, TX (915) 231-1225
Listing date Jul 13, 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.
Unit 2 offers 2 bedrooms and 1 full bathroom, also with a kitchen featuring granite countertops, dedicated laundry, and new energy-efficient windows.
The property is zoned R3 and is located in a centrally located area of El Paso, with convenient access to shopping, schools, parks, dining, and major highways.
Key Highlights
- Fully remodeled duplex with ADU setup, built in 1949
- Main residence offers approx. 1,800 SF with 4 bedrooms and 2 fully remodeled bathrooms
- Main unit features a brand‑new kitchen with granite countertops, open/modern floor plan, and dedicated laundry room
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 | $26.8k | $13.56 |
| − Vacancy | −$1.3k | −$0.64 |
| EGI | $25.5k | $12.92 |
| − OpEx | −$7.6k | −$3.87 |
| NOI | $17.8k | $9.04 |
