3-Unit Residential
New
For Sale
$207,000
4603 Byron St, El Paso, TX 79930
Refrigerated air conditioning and on-site parking serve the property's three separate residences.
Property Size1,616 SF
Price / SF$128.09
Days on Market6
Property Features for 4603 Byron St
General Information
Standard status
Active
Size
1,616 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$5,652
Amenities
refrigerated AC
Listing Agency:
Home Pros Real Estate Group
Listed By:
Marizabel Z Serrano
(915) 444-2822
Source:
Exprealty
Added: Oct 10
Changed: Oct 11
Last Checked: Oct 14 at 11:55PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Pros Real Estate Group
Investment Insights
Based on property information with market context.
This El Paso residential property contains three units within 1,616 square feet. Refrigerated air conditioning and on-site parking are among its existing features.
The property is in central El Paso, with access to US-54 and I-10. Fort Bliss and Beaumont Army Medical Center are also identified among nearby destinations, along with schools, dining, and shopping.
The property is in central El Paso, with access to US-54 and I-10. Fort Bliss and Beaumont Army Medical Center are also identified among nearby destinations, along with schools, dining, and shopping.
Key Highlights
- Three residential units
- 1,616 square feet
- Refrigerated air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,610
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,200
$292.2K
Cap Rate 7%
$208,714
$208.7K
Cap Rate 9%
$162,333
$162.3K
Market Conditions
NOI Build-Up for 1,616 SF
Gross rent
$21.9K $13.56/SF
− Vacancy
−$1.0K −$0.64/SF
EGI
$20.9K $12.92/SF
− OpEx
−$6.3K −$3.87/SF
NOI
$14.6K $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%
$292,200
Cap Rate 7%
$208,714
Cap Rate 9%
$162,333
Alternative Uses
Best Use
Multifamily LT 5
$208.7K
$182.6K – $243.5K
NOI $14,610 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$192.5K
$168.5K – $224.6K
NOI $13,476 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$405.4K
$354.7K – $473.0K
NOI $28,379 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
Explore this area
Business Placement
Demographics for 79930, TX
24,553
Population
11,729
Households
2.1
Avg Household Size
40
Median Age
16%
College-Educated
75%
High-School Grad
7.5 sq mi
ZIP Area
3,274
Density / Sq Mi
$41,826
Median Household Income
$24,903
Median Earnings
$909
Median Rent
$124,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Refrigerated air conditioning and on-site parking serve the property's three separate residences.
Where is this triplex located?
The property is located at 4603 Byron St El Paso, TX.
What is the asking price?
The asking price for this property is $207,000.
What are key features of this property?
This property features: Three residential units; 1,616 square feet; Refrigerated air conditioning
