2022-Built
For Sale
$314,000
6315 Escondido Drive, El Paso, TX 79912
Residential, El Paso, TX
Property Size1,555 SF
Lot Size0.06 Acres
Price / SF$201.93
Days on Market49
Property Features for 6315 Escondido Drive
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
A2
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2
Window features
Blinds
Interior features
Ceiling Fan(s), Kitchen Island, Master Up
Exterior features
Back Yard Access
Fireplace
1
Appliances
Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Refrigerator, Washer
Subdivision
Sierra Del Sol
Lot features
Standard Lot, Subdivided
Elementary school
Rivera
Middle school
Charles Q. Murphree
High school
Coronado
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
S37399900203040
Size
1,555 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
2 SIERRA DEL SOL NWLY PT OF 1 BEG 46.37 FT SELY OF NW COR . (Full legal description in Confidential Remarks)
Tax Annual Amount
5750
Legal Description
2 SIERRA DEL SOL NWLY PT OF 1 BEG 46.37 FT SELY OF NW COR . (Full legal description in Confidential Remarks)
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Ceiling Fan(s), Central Air
Building Details
Year built
2022
Floors in Building
2
Flooring type
Tile, Carpet
Building materials
Stucco
Roof type
Flat
Architectural style
Other
Listing Agency:
Keller Williams Realty
(915) 603-5293
Listed By:
Luis Manuel Portugal · License #0645050
(915) 892-1694
Added: Jul 29
Changed: Sep 13
Last Checked: Sep 15 at 1:06PM
MLS# 948504
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 2022-built quadplex contains 1,555 square feet on a 0.06-acre lot and is classified under A2 zoning. The property features stucco construction, a flat roof, carpet and tile flooring, and a fireplace. Central heating with natural gas and central air conditioning serve the building, while ceiling fans provide an additional cooling feature.
Interior components include a kitchen island, dishwasher, disposal, gas oven, refrigerator, washer, and dryer. Public sewer service is in place, and the property includes back-yard access. The available room data identifies three bedrooms and three bathrooms.
Interior components include a kitchen island, dishwasher, disposal, gas oven, refrigerator, washer, and dryer. Public sewer service is in place, and the property includes back-yard access. The available room data identifies three bedrooms and three bathrooms.
Key Highlights
- Quadplex with 1,555 square feet of property size
- Built in 2022
- Situated on a 0.06‑acre lot
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
$14,308
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
4.56%
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%
$286,160
$286.2K
Cap Rate 7%
$204,400
$204.4K
Cap Rate 9%
$158,978
$159.0K
Market Conditions
NOI Build-Up for 1,555 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
$21.5K $13.80/SF
− Vacancy
−$1.0K −$0.66/SF
EGI
$20.4K $13.14/SF
− OpEx
−$6.1K −$3.94/SF
NOI
$14.3K $9.20/SF
Area
ZIP 79912
Vacancy
4.75%
Lease Rate
$13.80 /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%
$286,160
Cap Rate 7%
$204,400
Cap Rate 9%
$158,978
Alternative Uses
Best Use
Multifamily LT 5
$204.4K
$178.9K – $238.5K
NOI $14,308 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$188.0K
$164.5K – $219.4K
NOI $13,162 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$329.0K
$287.9K – $383.8K
NOI $23,029 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
Demographics for 79912, TX
78,652
Population
33,856
Households
2.3
Avg Household Size
37
Median Age
49%
College-Educated
91%
High-School Grad
23.7 sq mi
ZIP Area
3,319
Density / Sq Mi
$72,290
Median Household Income
$39,330
Median Earnings
$1,191
Median Rent
$248,400
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Recently constructed multifamily property with central heating and cooling, public sewer service, and private rear access.
Where is this quadplex located?
The property is located at 6315 Escondido Drive El Paso, TX.
What is the asking price?
The asking price for this property is $314,000.
What are key features of this property?
This property features: Quadplex with 1,555 square feet of property size; Built in 2022; Situated on a 0.06‑acre lot
