Duplex with Remodeled
New
For Sale
$360,000
324 VALLEY FAIR Way, El Paso, TX 79907
Residential, El Paso, TX
Property Size3,528 SF
Lot Size0.17 Acres
Price / SF$102.04
Days on Market5
Property Features for 324 VALLEY FAIR Way
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 7, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 4, Bedroom 2
Parking features
Driveway, RV
Interior features
2+ Living Areas, 2+ Master BR
Exterior features
Back Yard Access
Appliances
Free-Standing Gas Oven
Subdivision
Valley Fair
Lot features
Corner Lot
Elementary school
Northloop
Middle school
Bel Air
High school
Belair
Elementary school district
Ysleta
Middle school district
Ysleta
High school district
Ysleta
Standard status
Active
APN
V14399900302700
Size
3,528 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
3 VALLEY FAIR LOT 14
Tax Annual Amount
9017
Legal Description
3 VALLEY FAIR LOT 14
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1972
Floors in Building
2
Flooring type
Tile
Building materials
Concrete, Stucco
Roof type
Shingle
Architectural style
Other
Additional Structures
RV/Boat Storage
Listing Agency:
1st Choice Realty
(915) 493-9793
Listed By:
Hazel Meza
(915) 224-9991
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 23 at 2:06AM
MLS# 953082
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.
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Investment Insights
Based on property information with market context.
This 3,528-square-foot duplex contains two residences with a combined seven bedrooms and four bathrooms. The upper residence has three bedrooms and two bathrooms; the lower has four bedrooms and two bathrooms and has been remodeled. The 0.17-acre property has back yard access, driveway and RV parking, and a shingle roof. Central heating and central air conditioning serve the building, with tile flooring and a free-standing gas oven among the listed interior features.
Exterior work includes fresh paint, replacement of most windows, and a roof installed in August 2026. The property is zoned R1 and connects to public sewer.
Exterior work includes fresh paint, replacement of most windows, and a roof installed in August 2026. The property is zoned R1 and connects to public sewer.
Key Highlights
- Two residences with 7 bedrooms and 4 bathrooms total
- 3,528 square feet on a 0.17‑acre lot
- Upper residence: 3 bedrooms and 2 bathrooms; lower residence: 4 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,897
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,940
$637.9K
Cap Rate 7%
$455,671
$455.7K
Cap Rate 9%
$354,411
$354.4K
Market Conditions
NOI Build-Up for 3,528 SF
Gross rent
$47.8K $13.56/SF
− Vacancy
−$2.3K −$0.64/SF
EGI
$45.6K $12.92/SF
− OpEx
−$13.7K −$3.87/SF
NOI
$31.9K $9.04/SF
Area
El Paso, TX
Vacancy
4.75%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,940
Cap Rate 7%
$455,671
Cap Rate 9%
$354,411
Alternative Uses
Best Use
Multifamily LT 5
$455.7K
$398.7K – $531.6K
NOI $31,897 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$420.3K
$367.8K – $490.3K
NOI $29,420 @ 7.0% cap · market cap 8.17%
Theoretical Best
Office A
$885.1K
$774.5K – $1.03M
NOI $61,957 @ 7.0% cap · market cap 17.21%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
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Business Placement
Demographics for 79907, TX
50,971
Population
17,505
Households
2.9
Avg Household Size
39
Median Age
13%
College-Educated
71%
High-School Grad
13.7 sq mi
ZIP Area
3,721
Density / Sq Mi
$41,901
Median Household Income
$25,661
Median Earnings
$910
Median Rent
$110,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide a seven-bedroom, four-bathroom configuration with central heating and air conditioning.
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 $360,000.
What are key features of this property?
This property features: Two residences with 7 bedrooms and 4 bathrooms total; 3,528 square feet on a 0.17‑acre lot; Upper residence: 3 bedrooms and 2 bathrooms; lower residence: 4 bedrooms and 2 bathrooms
