Two-Story Duplex
For Sale
$198,200
3243 Isla Morada Drive, El Paso, TX 79925
Residential, El Paso, TX
Property Size1,282 SF
Lot Size0.06 Acres
Price / SF$154.60
Days on Market49
Property Features for 3243 Isla Morada Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
A4
Bedrooms
3
Bathrooms
4
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 2
Interior features
Ceiling Fan(s), Formal DR LR
Exterior features
Balcony, Back Yard Access
Fireplace
1
Appliances
Built-In Gas Oven
Subdivision
Playa De Oro
Lot features
Planned Community, Restricted
Elementary school
Edgemere
Middle school
Eastwoodm
High school
Eastwood
Elementary school district
Socorro
Middle school district
Socorro
High school district
Socorro
Standard status
Active
APN
P86099900900500
Size
1,282 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
9 PLAYA DE ORO REPLAT A LOT 5
Tax Annual Amount
2694
HOA Fee
$55 Monthly
Legal Description
9 PLAYA DE ORO REPLAT A LOT 5
Utilities
Sewer type
Public Sewer
Heating system
Central
Building Details
Year built
1982
Floors in Building
2
Flooring type
Carpet
Building materials
Stucco
Roof type
Shingle
Architectural style
Other
Listing Agency:
SV REALTY
Listed By:
Sylvia Valenzuela · License #0443368
(915) 731-7339
Added: Aug 28
Changed: Oct 8
Last Checked: Oct 15 at 10:06AM
MLS# 950167
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 two-story duplex property was built in 1982 and measures 1,282 square feet on a 0.06-acre lot. The interior includes three bedrooms, three full bathrooms, formal living and dining areas, and an open connection between the main living spaces. The primary suite and another bedroom are upstairs, while a third bedroom is located on the ground floor. Additional features include a balcony, back-yard access, a built-in gas oven, central heating, carpet flooring, stucco construction, a shingle roof, and a fireplace.
The property is at 3243 Isla Morada Drive in El Paso, within the 79925 ZIP code. It is near Edgemere and Yarbrough and has access to public sewer service. The property is situated in an HOA community and carries A4 zoning.
The property is at 3243 Isla Morada Drive in El Paso, within the 79925 ZIP code. It is near Edgemere and Yarbrough and has access to public sewer service. The property is situated in an HOA community and carries A4 zoning.
Key Highlights
- 1,282‑square‑foot two‑story property on a 0.06‑acre lot
- Three bedrooms and three full bathrooms
- Primary suite and additional bedroom located upstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,591
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,820
$231.8K
Cap Rate 7%
$165,586
$165.6K
Cap Rate 9%
$128,789
$128.8K
Market Conditions
NOI Build-Up for 1,282 SF
Gross rent
$17.4K $13.56/SF
− Vacancy
−$826 −$0.64/SF
EGI
$16.6K $12.92/SF
− OpEx
−$5.0K −$3.87/SF
NOI
$11.6K $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%
$231,820
Cap Rate 7%
$165,586
Cap Rate 9%
$128,789
Alternative Uses
Best Use
Multifamily LT 5
$165.6K
$144.9K – $193.2K
NOI $11,591 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$152.7K
$133.6K – $178.2K
NOI $10,691 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$321.6K
$281.4K – $375.2K
NOI $22,514 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Explore this area
Business Placement
Demographics for 79925, TX
38,422
Population
16,272
Households
2.4
Avg Household Size
39
Median Age
26%
College-Educated
85%
High-School Grad
17.5 sq mi
ZIP Area
2,196
Density / Sq Mi
$57,735
Median Household Income
$34,167
Median Earnings
$1,039
Median Rent
$176,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-story property with an open living, dining, and kitchen arrangement plus a downstairs bedroom.
Where is this duplex located?
The property is located at 3243 Isla Morada Drive El Paso, TX.
What is the asking price?
The asking price for this property is $198,200.
What are key features of this property?
This property features: 1,282‑square‑foot two‑story property on a 0.06‑acre lot; Three bedrooms and three full bathrooms; Primary suite and additional bedroom located upstairs
