324 Valley Fair Way El Paso, TX 79907
324 Valley Fair Way, El Paso, TX, 79907
$395,000
For Sale
$395,000
MULTI_FAMILY - El Paso, TX
Property Size3,528 SF
Lot Size0.17 Acres
Price / SF$111.96
Days on Market90
Property Features for 324 Valley Fair Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Parking features
- On Street
- Appliances
- Range Hood, Gas Water Heater, Free-Standing Gas Oven
- Standard status
- Active
- APN
- V14399900302700
- Size
- 3,528 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 3 VALLEY FAIR LOT 14
- Tax Annual Amount
- 8927
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Evaporative Cooling, Central Air
Building Details
- Year built
- 1972
- Number of units
- 2
- Flooring type
- Tile
- Building materials
- Stucco
- Roof type
- Shingle
Listing Agency
Keller Williams Realty
(915) 603-5293
12040 Tierra Este suite B206, El Paso, TX
Listed by
Luis Manuel Portugal
(915) 892-1694
Added: Apr 20 Checked: Jul 18 at 3:06 am
MLS# 942510
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.
Key Highlights
- Fully rented duplex providing immediate rental income.
- Renovated condition appealing to tenants and reducing maintenance.
- Two units: one featuring 4 bedrooms and 2 bathrooms, the other with 3 bedrooms and 2 bathrooms.
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 | $47.8k | $13.56 |
| − Vacancy | −$2.3k | −$0.64 |
| EGI | $45.6k | $12.92 |
| − OpEx | −$13.7k | −$3.87 |
| NOI | $31.9k | $9.04 |
3,528 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$455.7K
$398.7K – $531.6K
NOI $31,897 @ 7.0% cap · market cap 8.08%
Second Best
Apartment 5plus
$420.3K
$367.8K – $490.3K
NOI $29,420 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$885.1K
$774.5K – $1.03M
NOI $61,957 @ 7.0% cap · market cap 15.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
Where is this duplex located?
The property is located at 324 Valley Fair Way El Paso, TX.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Fully rented duplex providing immediate rental income.; Renovated condition appealing to tenants and reducing maintenance.; Two units: one **featuring 4 bedrooms and 2 bathrooms**, the other with 3 bedrooms and 2 bathrooms.
