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3472 Dana Grey Drive, El Paso, TX, 79938
Occupied Duplex with Two Floorplans

3472 Dana Grey Drive El Paso, TX 79938

New
For Sale
$475,000

MULTI_FAMILY - El Paso, TX

Property Size2,752 SF
Lot Size0.23 Acres
Price / SF$172.60
Days on Market3

Property Features for 3472 Dana Grey Drive

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R5
Parking features
On Street, Guest
Appliances
Washer, Range Hood, Microwave, Gas Water Heater, Gas Cooktop, Free-Standing Gas Oven, Dryer
Standard status
Active
APN
677386
Size
2,752 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
Tierra del Este #77 Block 477 Lot 1
Tax Annual Amount
9643

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
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Frame, Stucco
Roof type
Tile, Flat
Listing Agency: Hiett & Associatees
Listed By: Guillermo Ricardo Sotomayor
Added: Jul 22 Changed: Jul 24 Last Checked: Jul 24 at 8:06PM
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.


Investment Insights

Based on property information with market context.

This occupied duplex offers two distinct residential layouts and durable, low-maintenance exterior improvements. One unit is a 3-bedroom, 2.5-bath, two-story plan, and the other is a 3-bedroom, 2-bath, single-story plan. Each unit includes full-size washer and dryer as part of the appliance package, and the property features low-maintenance yards with turf patches and xeriscaping.

The property is located in El Paso, Texas and is zoned R5. The listing notes high historical occupancy and emphasizes that the duplex is well maintained and approximately 8 years old.

Appointments are required for showings, and the listing specifies qualified buyers only. The property is being offered as part of a portfolio of 6 duplexes (12 total units).

Key Highlights

  • Built in 2018; duplex with durable stucco and frame construction
  • Unit mix: 3 bed/2.5 bath 2‑story unit plus 3 bed/2 bath 1‑story unit
  • Appliance package includes full‑size washer and dryer, plus gas cooktop, gas oven, microwave, and range hood

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 $50.2k $18.24
− Vacancy −$2.2k −$0.80
EGI $48.0k $17.44
− OpEx −$14.4k −$5.23
NOI $33.6k $12.21
2,752 SF · lease $18.24/SF/yr · vacancy 4.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$480.0K
$420.0K – $560.0K (±1% cap)
NOI $33,602 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$428.2K
$374.7K – $499.6K (±1% cap)
NOI $29,977 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$690.4K
$604.1K – $805.5K (±1% cap)
NOI $48,329 @ 7.0% cap · market cap 10.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Well-maintained duplex built about 8 years ago with two occupied units and full-size washer and dryer in-unit.
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: Built in 2018; duplex with durable stucco and frame construction; Unit mix: 3 bed/2.5 bath 2‑story unit plus 3 bed/2 bath 1‑story unit; Appliance package includes full‑size washer and dryer, plus gas cooktop, gas oven, microwave, and range hood
More about this property
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