3-Bedroom Duplex with Identical
For Sale
$249,000
564 Mayapan Dr, San Elizario, TX 79849
Two matching residences offer open common areas, ceramic tile finishes, and separate living arrangements on a substantial lot.
Property Size2,860 SF
Price / SF$87.06
Days on Market111
Property Features for 564 Mayapan Dr
General Information
Standard status
Active
Size
2,860 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/1.75BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,929
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
DKD Associates Inc.
Listed By:
Fernando Zuluaga · License #0458179
(915) 727-3947
Source:
Exprealty
Added: Jun 3
Changed: Sep 18
Last Checked: Sep 20 at 3:58PM
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 DKD Associates Inc.
Investment Insights
Based on property information with market context.
This duplex contains 2,860 square feet with matching floor plans on both sides. Each residence includes 3 bedrooms, 1.75 baths, and an open arrangement connecting the living, kitchen, and dining areas. Ceramic tile extends throughout the units except in the bedrooms.
The property occupies a lot measuring almost 1/2 acre at 564 Mayapan Dr in San Elizario, Texas. The two-unit configuration provides separate residences within one property, with identical layouts that simplify comparison between the sides.
The property occupies a lot measuring almost 1/2 acre at 564 Mayapan Dr in San Elizario, Texas. The two-unit configuration provides separate residences within one property, with identical layouts that simplify comparison between the sides.
Key Highlights
- Duplex with 2,860 square feet
- Both units feature identical floor plans
- Each side has 3 bedrooms and 1.75 baths
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,755
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$435,100
$435.1K
Cap Rate 7%
$310,786
$310.8K
Cap Rate 9%
$241,722
$241.7K
Market Conditions
NOI Build-Up for 2,860 SF
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.
Gross rent
$42.2K $14.76/SF
− Vacancy
−$2.7K −$0.93/SF
EGI
$39.6K $13.83/SF
− OpEx
−$17.8K −$6.22/SF
NOI
$21.8K $7.61/SF
Area
El Paso County, TX
Vacancy
6.30%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$435,100
Cap Rate 7%
$310,786
Cap Rate 9%
$241,722
Alternative Uses
Best Use
Multifamily LT 5
$338.8K
$296.5K – $395.3K
NOI $23,717 @ 7.0% cap · market cap 9.52%
Second Best
Apartment 5plus
$310.8K
$271.9K – $362.6K
NOI $21,755 @ 7.0% cap · market cap 8.74%
Theoretical Best
Office A
$516.9K
$452.3K – $603.0K
NOI $36,180 @ 7.0% cap · market cap 14.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Explore this area
Business Placement
Demographics for 79849, TX
14,310
Population
4,182
Households
3.4
Avg Household Size
31
Median Age
5%
College-Educated
60%
High-School Grad
13.6 sq mi
ZIP Area
1,052
Density / Sq Mi
$45,067
Median Household Income
$26,216
Median Earnings
$878
Median Rent
$104,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences offer open common areas, ceramic tile finishes, and separate living arrangements on a substantial lot.
Where is this duplex located?
The property is located at 564 Mayapan Dr San Elizario, TX.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Duplex with 2,860 square feet; Both units feature identical floor plans; Each side has 3 bedrooms and 1.75 baths
