205 ZENITH Drive, El Paso, TX 79912
MULTI_FAMILY - El Paso, TX
- Added:
- Jun 20, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 21 at 9:06 am
Property Features for 205 ZENITH Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Appliances
- Washer Hookup
- Standard status
- Active
- APN
- L62499901305100
- Size
- 3,314 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 13 LOMAS DEL REY REPLAT 11 & SWLY 1.18 FT OF 10 (8946 SQ FT)
- Tax Annual Amount
- 9329
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Varies by Unit, Evaporative Cooling
Building Details
- Year built
- 1973
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Carpet, Laminate
- Building materials
- Stucco
- Roof type
- Shingle
Listing agent Javier Cosme License #0714913 (915) 888-5488
Listing office Texas Ally Real Estate Group 2211 S Interstate 35 Ste. 208, Austin, TX (512) 763-2559
Listing date Jun 20, 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.
HighLights
- Triplex built in 1973
- Stucco construction with a shingle roof
- Public sewer
- Evaporative cooling; cooling varies by unit
- Flooring includes tile (ceramic), carpet, and laminate
- Washer hookup included
Overview
Located in El Paso, the listing notes the property is along N. Mesa Street and positioned for convenient access to everyday needs, including shopping, dining, schools, and major thoroughfares. The home is in an R4-zoned area, supporting residential multifamily use consistent with the property’s current configuration.
For a tenant, buyer, or operator, the practical appeal is the three-unit layout: it can support rental coverage strategies that differ from single-family ownership while keeping the scale manageable. For an owner-occupant, the arrangement allows you to live in one unit while renting the others, subject to confirming unit details and lease terms during due diligence.
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 | $45.7k | $13.80 |
| − Vacancy | −$2.2k | −$0.66 |
| EGI | $43.6k | $13.14 |
| − OpEx | −$13.1k | −$3.94 |
| NOI | $30.5k | $9.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.507975
- Latitude
- 31.810568
