Triplex with Evaporative
For Sale
$352,000
205 ZENITH Drive, El Paso, TX 79912
MULTI_FAMILY - El Paso, TX
Property Size3,314 SF
Lot Size0.20 Acres
Price / SF$106.22
Days on Market48
Property Features for 205 ZENITH Drive
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R4
Appliances
Washer Hookup
Subdivision
Lomas Del Rey
Elementary school
Green
Middle school
Wiggs
High school
Coronado
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
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
Legal Description
13 LOMAS DEL REY REPLAT 11 & SWLY 1.18 FT OF 10 (8946 SQ FT)
Utilities
Sewer type
Public Sewer
Cooling system
Evaporative Cooling, Varies by Unit
Building Details
Year built
1973
Number of units
2
Flooring type
Carpet, Tile - Ceramic, Laminate
Building materials
Stucco
Roof type
Shingle
Listing Agency:
Texas Ally Real Estate Group
(512) 763-2559
Listed By:
Javier Cosme · License #0714913
(915) 888-5488
Added: Jun 20
Changed: Aug 3
Last Checked: Aug 6 at 10:06AM
MLS# 946242
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 triplex at 205 Zenith Drive includes three rental units within a stucco building constructed in 1973. The property contains approximately 3,314 square feet and sits on a 0.2-acre lot. Finishes include laminate, carpet, and ceramic tile flooring. Cooling varies by unit and includes evaporative cooling, and the home is served by public sewer. Appliances include washer hookups, and the roof is shingle.
The property is listed for sale in El Paso, Texas, and carries R4 zoning. Its Mesa Street area positioning supports convenient access to shopping, dining, schools, and major thoroughfares.
For tenants or owner-occupants, this is a three-unit residential income building with clear core infrastructure and multiple flooring types across the living areas.
The property is listed for sale in El Paso, Texas, and carries R4 zoning. Its Mesa Street area positioning supports convenient access to shopping, dining, schools, and major thoroughfares.
For tenants or owner-occupants, this is a three-unit residential income building with clear core infrastructure and multiple flooring types across the living areas.
Key Highlights
- 0.2‑acre lot with a triplex at 205 Zenith Drive
- Approximately 3,314 SF total building area
- R4 zoning
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 |
3,314 SF · lease $13.80/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$435.6K
$381.2K – $508.2K
NOI $30,493 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$400.7K
$350.6K – $467.5K
NOI $28,051 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$701.1K
$613.5K – $818.0K
NOI $49,080 @ 7.0% cap · market cap 13.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
Explore this area
Business Placement
Demographics for 79912, TX
78,652
Population
33,856
Households
2.3
Avg Household Size
37
Median Age
49%
College-Educated
91%
High-School Grad
23.7 sq mi
ZIP Area
3,319
Density / Sq Mi
$72,290
Median Household Income
$39,330
Median Earnings
$1,191
Median Rent
$248,400
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?
Triplex - R4 zoned triplex with public sewer and unit-specific cooling, including evaporative cooling.
Where is this triplex located?
The property is located at 205 ZENITH Drive El Paso, TX.
What is the asking price?
The asking price for this property is $352,000.
What are key features of this property?
This property features: 0.2‑acre lot with a triplex at 205 Zenith Drive; Approximately 3,314 SF total building area; R4 zoning
