Duplex with Low-Maintenance
For Sale
$475,000
3484 Dana Grey Drive, El Paso, TX 79938
Residential Income, El Paso, TX
Property Size2,820 SF
Lot Size0.25 Acres
Price / SF$168.44
Days on Market102
Property Features for 3484 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 Cooktop, Free-Standing Gas Oven, Disposal, Dishwasher
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
677387
Size
2,820 SF
Lot size
0.25 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Description
Tierra del Este #77 Block 477 Lot 2
Tax Annual Amount
9951
Legal Description
Tierra del Este #77 Block 477 Lot 2
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s)
Amenities
washer and dryer
Building Details
Year built
2018
Floors in Building
1
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Stucco
Roof type
Tile, Flat
Buildings
1
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 12:06AM
MLS# 948175
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 duplex at 3484 Dana Grey Drive in El Paso includes 2,820 square feet on a 0.25-acre parcel. The unit configuration combines one four-bedroom, two-bath residence with a second two-bedroom, two-bath residence. Both units feature full-size washer and dryer appliances, ceramic tile flooring, central heating, ceiling fans, and kitchens equipped with gas cooking appliances, microwaves, dishwashers, disposals, and range hoods. Stucco construction and flat tile roofing complete the improvements.
The property was built in 2018 and carries R5 zoning. Exterior areas include turf sections in the rear yards and xeriscaping, supporting a lower-maintenance yard design. Parking includes guest spaces and on-street availability. Public sewer service and cable availability are also reported.
The property was built in 2018 and carries R5 zoning. Exterior areas include turf sections in the rear yards and xeriscaping, supporting a lower-maintenance yard design. Parking includes guest spaces and on-street availability. Public sewer service and cable availability are also reported.
Key Highlights
- 2,820‑square‑foot duplex on a 0.25‑acre parcel
- Unit mix includes 4 bed/2 bath and 2 bed/2 bath residences
- Built in 2018 with stucco construction and flat tile roofing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,432
Cap Rate
7.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$688,640
$688.6K
Cap Rate 7%
$491,886
$491.9K
Cap Rate 9%
$382,578
$382.6K
Market Conditions
NOI Build-Up for 2,820 SF
Gross rent
$51.4K $18.24/SF
− Vacancy
−$2.2K −$0.80/SF
EGI
$49.2K $17.44/SF
− OpEx
−$14.8K −$5.23/SF
NOI
$34.4K $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%
$688,640
Cap Rate 7%
$491,886
Cap Rate 9%
$382,578
Alternative Uses
Best Use
Multifamily LT 5
$491.9K
$430.4K – $573.9K
NOI $34,432 @ 7.0% cap · market cap 7.25%
Second Best
Apartment 5plus
$438.8K
$384.0K – $512.0K
NOI $30,718 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$707.5K
$619.0K – $825.4K
NOI $49,523 @ 7.0% cap · market cap 10.43%
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 - A 2018-built property offers two distinct units with in-unit laundry and ceramic tile flooring.
Where is this duplex located?
The property is located at 3484 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: 2,820‑square‑foot duplex on a 0.25‑acre parcel; Unit mix includes 4 bed/2 bath and 2 bed/2 bath residences; Built in 2018 with stucco construction and flat tile roofing
