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3-Unit Triplex
New
For Sale
$207,000

4603 BYRON Street, El Paso, TX 79930

Residential Income, El Paso, TX

Property Size1,616 SF
Lot Size0.15 Acres
Price / SF$128.09
Days on Market3

Property Features for 4603 BYRON Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning A1
Appliances Refrigerator, Free-Standing Gas Oven, Exhaust Fan
Subdivision Morningside Heights
Elementary school Travis
Middle school Bassett
High school Capt J L Chapin High
Elementary school district El Paso
Middle school district El Paso
High school district El Paso
Standard status Active
APN M79499910004900
Size 1,616 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description 100 MORNINGSIDE HEIGHTS 17 & 18 (6600 SQ FT)
Tax Annual Amount 5653
Legal Description 100 MORNINGSIDE HEIGHTS 17 & 18 (6600 SQ FT)

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Ceiling Fan(s), Multi Units

Amenities

refrigerated AC

Building Details

Year built 1958
Number of units 3
Flooring type Laminate, Tile
Building materials Stucco
Roof type Shingle
Listing Agency: Home Pros Real Estate Group
Listed By: Marizabel Z Serrano
Added: Oct 8 Changed: Oct 10 Last Checked: Oct 10 at 10:06AM
MLS# 952646

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 El Paso triplex contains three individual units within 1,616 square feet. Built in 1958, the building has stucco exterior construction, laminate and tile flooring, forced-air heating, and a shingle roof. Public sewer serves the property, which is zoned A1. Refrigerated air conditioning is noted, along with refrigerators, a free-standing gas oven, and an exhaust fan among the appliances.

The 0.15-acre property is at 4603 Byron Street, with access to US-54 and I-10. Fort Bliss and Beaumont Army Medical Center are among the destinations identified nearby. The site is in ZIP code 79930 in El Paso.

Key Highlights

  • Three units in a 1,616‑square‑foot building
  • 0.15‑acre parcel
  • Built in 1958; stucco exterior and shingle roof

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 (±1% cap)
NOI $14,610 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$192.5K
$168.5K – $224.6K (±1% cap)
NOI $13,476 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$405.4K
$354.7K – $473.0K (±1% cap)
NOI $28,379 @ 7.0% cap · market cap 13.71%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Spa & Massage Center Accounting Firm Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

703
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate residences occupy a 0.15-acre parcel with access to US-54 and I-10.
Where is this triplex located?
The property is located at 4603 BYRON Street 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 units in a 1,616‑square‑foot building; 0.15‑acre parcel; Built in 1958; stucco exterior and shingle roof
More about this property
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