Two-Story and Single-Story
For Sale
$475,000
3472 Dana Grey Drive, El Paso, TX 79938
Residential Income, El Paso, TX
Property Size2,752 SF
Lot Size0.23 Acres
Price / SF$172.60
Days on Market102
Property Features for 3472 Dana Grey Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R5
Parking features
Guest, On Street
Appliances
Washer, Range Hood, Microwave, Gas Water Heater, Gas Cooktop, Free-Standing Gas Oven, Dryer
Subdivision
Tierra Del Este
Elementary school
Cactus Trail
Middle school
Manuel R Puentes
High school
Pebble Hills
Elementary school district
Socorro
Middle school district
Socorro
High school district
Socorro
Standard status
Active
APN
677386
Size
2,752 SF
Lot size
0.23 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Description
Tierra del Este #77 Block 477 Lot 1
Tax Annual Amount
9643
Legal Description
Tierra del Este #77 Block 477 Lot 1
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Hot Water(Heating)
Cooling system
Ceiling Fan(s), Central Air
Building Details
Year built
2018
Floors in Building
2
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Frame, Stucco
Roof type
Tile, Flat
Listing Agency:
Hiett & Associatees
(915) 760-4533
Listed By:
Guillermo Ricardo Sotomayor
(915) 929-4765
Added: Jul 22
Changed: Oct 28
Last Checked: Oct 31 at 1:06AM
MLS# 948176
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 occupied duplex contains 2,752 square feet and was built in 2018. The property combines a two-story three-bedroom, 2.5-bath residence with a single-story three-bedroom, two-bath residence. Both units feature ceramic tile flooring, central air, ceiling fans, gas cooking equipment, and full-size washer and dryer appliances. Frame and stucco construction is complemented by tile and flat roof sections.
Outdoor maintenance is reduced through xeriscaping and turf patches in the rear yards. Parking includes guest spaces and on-street options. The property also has public sewer service and cable availability, with an R5 zoning designation. Appointments are required for showings.
Outdoor maintenance is reduced through xeriscaping and turf patches in the rear yards. Parking includes guest spaces and on-street options. The property also has public sewer service and cable availability, with an R5 zoning designation. Appointments are required for showings.
Key Highlights
- Two‑unit duplex totaling 2,752 square feet on 0.23 acres
- Built in 2018 with frame and stucco construction
- One 3 bed/2.5 bath two‑story unit and one 3 bed/2 bath one‑story unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,602
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,040
$672.0K
Cap Rate 7%
$480,029
$480.0K
Cap Rate 9%
$373,356
$373.4K
Market Conditions
NOI Build-Up for 2,752 SF
Gross rent
$50.2K $18.24/SF
− Vacancy
−$2.2K −$0.80/SF
EGI
$48.0K $17.44/SF
− OpEx
−$14.4K −$5.23/SF
NOI
$33.6K $12.21/SF
Area
ZIP 79938
Vacancy
4.37%
Lease Rate
$18.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,040
Cap Rate 7%
$480,029
Cap Rate 9%
$373,356
Alternative Uses
Best Use
Multifamily LT 5
$480.0K
$420.0K – $560.0K
NOI $33,602 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$428.2K
$374.7K – $499.6K
NOI $29,977 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$690.4K
$604.1K – $805.5K
NOI $48,329 @ 7.0% cap · market cap 10.17%
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
75
Businesses Nearby
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Business Placement
Demographics for 79938, TX
96,353
Population
29,818
Households
3.2
Avg Household Size
29
Median Age
28%
College-Educated
85%
High-School Grad
390.2 sq mi
ZIP Area
247
Density / Sq Mi
$75,801
Median Household Income
$40,528
Median Earnings
$1,433
Median Rent
$199,700
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 - Occupied income property with durable finishes, low-maintenance yards, and full-size laundry appliances in both units.
Where is this duplex located?
The property is located at 3472 Dana Grey Drive El Paso, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,752 square feet on 0.23 acres; Built in 2018 with frame and stucco construction; One 3 bed/2.5 bath two‑story unit and one 3 bed/2 bath one‑story unit
