Renovated 3BR/2BA Duplex

3429A Risner Place El Paso, TX 79936

Claim this Listing
New
For Sale
$199,500

MULTI_FAMILY - Other - El Paso, TX

Property size:
1,184 SF
Lot size:
0.09 Acres
Price / SF:
$168/SF
Added:
Jul 10, 2026
Days on Market:
3
Last Refresh:
Jul 12 at 1:06 pm

Property Features for 3429A Risner Place

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
M3
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1
Interior features
Cathedral Ceiling(s), Ceiling Fan(s), LR DR Combo, Walk-In Closet(s)
Exterior features
Back Yard Access
Appliances
Water Heater, Dishwasher, Free-Standing Gas Oven, Range Hood, Refrigerator
Standard status
Active
APN
P65499909203400
Size
1,184 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
92 PEBLE HILLS #10 REPLAT A SLY 36.75 OF 17 (3859 SQ FT)
Tax Annual Amount
4476

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Evaporative Cooling

Building Details

Year built
1981
Floors in Building
1
Flooring type
Tile
Building materials
Wood Siding, Brick Veneer
Roof type
Composition, Shingle
Architectural style
Other

Listing agent Fernando Zuluaga License #0458179

Listing office DKD Associates Inc. 2029 Trawood, El Paso, TX

Listing date Jul 10, 2026

MLS# 947415 Listing URL

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 renovated duplex offers a 3-bedroom, 2-bath layout with a refreshed interior and exterior. Updates include new ceramic tile flooring throughout (no carpet), new ceiling fans and light fixtures, and replaced windows. The hall bath has a replaced tub, along with new vanities and mirrors, while the kitchen has been redesigned with new countertops. Additional improvements are noted throughout the home.

The property is zoned M3 and is close to schools, with Hanks Middle School across the street.

For buyers or investors seeking a move-ready income property, this duplex’s recent renovations and finish updates provide an established, turnkey base to consider.

Key Highlights

  • Renovated 3‑bedroom, 2‑bath duplex with fresh interior updates and no carpet
  • New ceramic tile flooring throughout
  • Kitchen redesigned with new countertops and includes dishwasher, refrigerator, and free‑standing gas oven with range hood

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 $21.3k $18.00
− Vacancy −$931 −$0.79
EGI $20.4k $17.21
− OpEx −$6.1k −$5.16
NOI $14.3k $12.05
1,184 SF · lease $18.00/SF/yr · vacancy 4.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$203.8K
$178.3K – $237.8K (±1% cap)
NOI $14,266 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$181.0K
$158.4K – $211.2K (±1% cap)
NOI $12,673 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$250.5K
$219.2K – $292.3K (±1% cap)
NOI $17,535 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Food Market Grocery & Convenience Store Skin Care Clinic Nail Salon Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Renovated duplex with replaced windows, new ceramic tile flooring, and updated kitchen and baths.
Where is this duplex located?
The property is located at 3429A Risner Place El Paso, TX.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: Renovated 3‑bedroom, 2‑bath duplex with fresh interior updates and no carpet; New ceramic tile flooring throughout; Kitchen redesigned with new countertops and includes dishwasher, refrigerator, and free‑standing gas oven with range hood
Contact an agent
More about this property
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