Renovated Two-Unit
For Sale
$210,000
Pending
3903 Tularosa Avenue, El Paso, TX 79903
Residential Income, El Paso, TX
Property Size1,200 SF
Lot Size0.08 Acres
Days on Market76
Property Features for 3903 Tularosa Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R5
Parking features
On Street
Appliances
Refrigerator, Microwave, Gas Cooktop
Subdivision
Government Hill
Elementary school
Altavista
Middle school
Houston
High school
Austin
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Pending
APN
21 GOVERNMENT HILL LOT 2
Size
1,200 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
21 GOVERNMENT HILL LOT 2
Tax Annual Amount
842
Legal Description
21 GOVERNMENT HILL LOT 2
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s)
Amenities
refrigerated air
Building Details
Year built
1930
Number of units
2
Flooring type
Vinyl
Building materials
Stucco
Roof type
Flat
Listing Agency:
Limelight Real Estate Firm
(915) 275-4220
Listed By:
Adriana Galvan
(915) 491-0097
Added: Aug 4
Changed: Oct 12
Last Checked: Oct 18 at 4:06PM
MLS# 948828
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 renovated duplex contains two residences, each arranged with one bedroom and one bathroom. The units measure approximately 600 square feet apiece, for 1,200 square feet in total. Included appliances are a refrigerator, microwave, and gas cooktop. The property has stucco construction, vinyl flooring, central heating, and a flat roof; it was built in 1930.
Set on a 0.08-acre lot in El Paso, the property is zoned R5 and connected to public sewer. Parking is available on the street. The location is described as near downtown, UTEP, medical centers, and Manhattan Heights.
Set on a 0.08-acre lot in El Paso, the property is zoned R5 and connected to public sewer. Parking is available on the street. The location is described as near downtown, UTEP, medical centers, and Manhattan Heights.
Key Highlights
- Two residential units, each approximately 600 square feet
- Each unit has one bedroom and one bathroom
- 1,200 square feet of total property area on a 0.08‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,849
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$216,980
$217.0K
Cap Rate 7%
$154,986
$155.0K
Cap Rate 9%
$120,544
$120.5K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$16.3K $13.56/SF
− Vacancy
−$773 −$0.64/SF
EGI
$15.5K $12.92/SF
− OpEx
−$4.6K −$3.87/SF
NOI
$10.8K $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%
$216,980
Cap Rate 7%
$154,986
Cap Rate 9%
$120,544
Alternative Uses
Best Use
Multifamily LT 5
$155.0K
$135.6K – $180.8K
NOI $10,849 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$143.0K
$125.1K – $166.8K
NOI $10,007 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$301.1K
$263.4K – $351.2K
NOI $21,074 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
958
Businesses Nearby
Explore this area
Business Placement
Demographics for 79903, TX
16,425
Population
6,708
Households
2.4
Avg Household Size
44
Median Age
16%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
5,475
Density / Sq Mi
$38,294
Median Household Income
$24,288
Median Earnings
$883
Median Rent
$118,300
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 - Each residence offers a one-bedroom, one-bath layout with appliances included.
Where is this duplex located?
The property is located at 3903 Tularosa Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two residential units, each approximately 600 square feet; Each unit has one bedroom and one bathroom; 1,200 square feet of total property area on a 0.08‑acre lot
