633 BARCELONA Drive El Paso, TX 79905
MULTI_FAMILY - El Paso, TX
Property Features for 633 BARCELONA Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R4
- Parking features
- On Street, Paved or Surfaced
- Appliances
- Washer Hookup
- Standard status
- Active
- APN
- C62299900405500
- Size
- 1,287 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 3765
- Tax Description
- 4 CLARDY FOX LOT 28
- Tax Annual Amount
- 2024
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s), Ceiling Fan(s), Varies by Unit
Building Details
- Year built
- 1951
- Number of units
- 4
- Building materials
- Stucco
- Roof type
- Composition
Listing agent Cristian Anibal Olague License #0737250 (915) 345-4379
Listing office Cap Rate Real Estate Group 1035 Belvidere, Ste. 290, El Paso, TX (915) 443-8859
Listing date Mar 3, 2025
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.
Key Highlights
- Multi‑tenant apartment complex with a mix of studio, 1‑bedroom, and 2‑bedroom units
- Recent updates include refreshed flooring and paint in select units
- Year built: 1951; stucco construction; composition roof
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.5k | $13.56 |
| − Vacancy | −$829 | −$0.64 |
| EGI | $16.6k | $12.92 |
| − OpEx | −$5.0k | −$3.87 |
| NOI | $11.6k | $9.04 |
