Two-Unit Duplex
For Sale
$260,000
564 MAYAPAN Drive, San Elizario, TX 79849
Residential Income, San Elizario, TX
Property Size2,860 SF
Lot Size0.49 Acres
Price / SF$90.91
Days on Market98
Property Features for 564 MAYAPAN Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
M2
Appliances
Washer Hookup, Free-Standing Gas Oven
Subdivision
Mission Trail Estates
Elementary school
Lorenzo G Alarcon
Middle school
Garcia Enriquez
High school
Sanelizar
Elementary school district
San Elizar
Middle school district
San Elizar
High school district
San Elizar
Standard status
Active
APN
M58100002100400
Size
2,860 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
21 MISSION TRAIL ESTATES LOT 4 (21315.00 SQ FT)
Tax Annual Amount
7929
Legal Description
21 MISSION TRAIL ESTATES LOT 4 (21315.00 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Central
Cooling system
Evaporative Cooling
Building Details
Year built
2005
Number of units
2
Building materials
Stucco
Roof type
Flat
Listing Agency:
DKD Associates Inc.
(915) 772-9177
Listed By:
Fernando Zuluaga · License #0458179
(915) 727-3947
Added: Jun 3
Changed: Sep 3
Last Checked: Sep 8 at 6:06AM
MLS# 945201
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 duplex contains two matching residences within a 2,860-square-foot property built in 2005. Each unit offers three bedrooms, 1.75 baths, and an open arrangement connecting the living room, kitchen, and dining area. Ceramic tile extends through the main areas, while the bedrooms provide a different flooring finish. Construction is stucco with a flat roof, and each residence includes a washer hookup and free-standing gas oven.
The property occupies 0.49 acres in San Elizario, Texas, with M2 zoning and public sewer service. Heating is provided by forced-air central systems, while evaporative cooling serves the residences. The two-unit configuration supports separate occupancy within a single residential income property.
The property occupies 0.49 acres in San Elizario, Texas, with M2 zoning and public sewer service. Heating is provided by forced-air central systems, while evaporative cooling serves the residences. The two-unit configuration supports separate occupancy within a single residential income property.
Key Highlights
- Two‑unit duplex with matching 3‑bedroom, 1.75‑bath floor plans
- 2,860 square feet on a 0.49‑acre lot
- Built in 2005 with stucco construction and a flat roof
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
$23,717
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
9.12%
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%
$474,340
$474.3K
Cap Rate 7%
$338,814
$338.8K
Cap Rate 9%
$263,522
$263.5K
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
$36.0K $12.60/SF
− Vacancy
−$2.2K −$0.75/SF
EGI
$33.9K $11.85/SF
− OpEx
−$10.2K −$3.55/SF
NOI
$23.7K $8.29/SF
Area
El Paso County, TX
Vacancy
5.98%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
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%
$474,340
Cap Rate 7%
$338,814
Cap Rate 9%
$263,522
Alternative Uses
Best Use
Multifamily LT 5
$338.8K
$296.5K – $395.3K
NOI $23,717 @ 7.0% cap · market cap 9.12%
Second Best
Apartment 5plus
$310.8K
$271.9K – $362.6K
NOI $21,755 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$516.9K
$452.3K – $603.0K
NOI $36,180 @ 7.0% cap · market cap 13.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Matching residential units combine practical layouts with tile flooring, central heat, and evaporative cooling.
Where is this duplex located?
The property is located at 564 MAYAPAN Drive San Elizario, TX.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑unit duplex with matching 3‑bedroom, 1.75‑bath floor plans; 2,860 square feet on a 0.49‑acre lot; Built in 2005 with stucco construction and a flat roof
