New Construction Duplex With Two
401 Cinecue Way, El Paso, TX 79907
MULTI_FAMILY - Other - El Paso, TX
Property size:
2,340 SFLot size:
0.32 AcresPrice / SF:
$106/SF- Added:
- Feb 1, 2026
- Days on Market:
- 124
- Last Refresh:
- Jun 5 at 10:06 am
Property Features for 401 Cinecue Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- RF
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 4, Laundry Room, Bathroom 3, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 3
- Window features
- Double Pane Windows
- Interior features
- Ceiling Fan(s), Pantry, Walk-In Closet(s)
- Exterior features
- Back Yard Access
- Appliances
- Water Heater
- Standard status
- Active
- APN
- C57299900101120
- Size
- 2,340 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CINECUE PARK S 0.317 ACRES OF 93 & TRIA (388 SQ FT) IN NELY PT OF 92 (13809 SQ FT)
- Tax Annual Amount
- 8773
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
Building Details
- Year built
- 2024
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Stucco
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Aileen Soto (915) 328-9474
Listing office The WAR Team 4707 Montana Ave Ste 203, El Paso, TX (915) 255-2577
Listing date Feb 1, 2026
MLS# 937489
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.
HighLights
- New construction duplex on a 0.32‑acre lot, built in 2024 and under construction/never lived in
- Unit A: 4 bedrooms, 2 full bathrooms, and 1,808 SF with an open‑concept layout
- Unit B: 1 bedroom, 1 bathroom, and 531 SF located behind Unit A
- Kitchen and bathroom finishes include granite countertops; tile flooring throughout
- Central heating and refrigerated air in both units; water heater included
- Public sewer; shingle roof; stucco construction with back yard access
Overview
This brand new duplex was built in 2024 and has never been lived in. The property includes two separate units designed for flexible use. Unit A features four bedrooms and two full bathrooms with an open-concept layout and 1,808 square feet of living space. Unit B, located behind Unit A, offers one bedroom and one bathroom with 531 square feet.
Both units are finished with granite countertops in the kitchens and bathrooms, durable tile flooring throughout, and refrigerated air for year-round comfort. The duplex sits on a 0.32-acre lot, providing a manageable footprint for either owner-occupied living or income-oriented operation.
With a larger primary unit paired with a smaller secondary unit, the property can work for tenants seeking separate living arrangements, extended family use, or a straightforward rental setup. Its straightforward two-unit configuration and modern, move-in-ready condition make it practical for buyers looking for a newly constructed duplex with clear unit separation and independent living space.
Both units are finished with granite countertops in the kitchens and bathrooms, durable tile flooring throughout, and refrigerated air for year-round comfort. The duplex sits on a 0.32-acre lot, providing a manageable footprint for either owner-occupied living or income-oriented operation.
With a larger primary unit paired with a smaller secondary unit, the property can work for tenants seeking separate living arrangements, extended family use, or a straightforward rental setup. Its straightforward two-unit configuration and modern, move-in-ready condition make it practical for buyers looking for a newly constructed duplex with clear unit separation and independent living space.
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 | $31.7k | $13.56 |
| − Vacancy | −$1.5k | −$0.64 |
| EGI | $30.2k | $12.92 |
| − OpEx | −$9.1k | −$3.87 |
| NOI | $21.2k | $9.04 |
2,340 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$302.2K
$264.5K – $352.6K
NOI $21,156 @ 7.0% cap · market cap 8.46%
Second Best
Apartment 5plus
$278.8K
$243.9K – $325.2K
NOI $19,513 @ 7.0% cap · market cap 7.81%
Theoretical Best
Office A
$587.1K
$513.7K – $684.9K
NOI $41,094 @ 7.0% cap · market cap 16.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- El Paso
- County
- El Paso
- State
- Texas
- Longitude
- -106.355754
- Latitude
- 31.719005
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Brand new 2024 duplex with separate Unit A and Unit B, offering flexible living and rental configurations.
Where is this duplex located?
The property is located at 401 Cinecue Way El Paso, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: New construction duplex on a 0.32‑acre lot, built in 2024 and under construction/never lived in; Unit A: 4 bedrooms, 2 full bathrooms, and 1,808 SF with an open‑concept layout; Unit B: 1 bedroom, 1 bathroom, and 531 SF located behind Unit A
