Quadplex Apartment
For Sale
$287,000
633 BARCELONA Drive, El Paso, TX 79905
Residential Income, El Paso, TX
Property Size1,287 SF
Lot Size0.17 Acres
Price / SF$222
Days on Market583
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
Subdivision
Clardy Fox
Elementary school
Cooley
Middle school
Ross
High school
Jefferson
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
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
Legal Description
4 CLARDY FOX LOT 28
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 Agency:
Cap Rate Real Estate Group
(915) 443-8859
Listed By:
Cristian Anibal Olague · License #0737250
(915) 345-4379
Added: Mar 3, 2025
Changed: Oct 2
Last Checked: Oct 7 at 6:06AM
MLS# 918038
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 quadplex property contains 1,287 square feet on a 0.17-acre parcel and was built in 1951. The apartment mix includes one-bedroom, two-bedroom, and studio layouts. Select units have received flooring and paint updates, while available building features include stucco construction, a composition roof, and wall-furnace heating.
Cooling varies by unit and includes window units and ceiling fans. The property has public sewer service, paved or surfaced parking, and additional on-street parking. Washer hookups are also provided. Located in El Paso, Texas, the asset is zoned R4 and offers a multifamily configuration for residential rental use.
Cooling varies by unit and includes window units and ceiling fans. The property has public sewer service, paved or surfaced parking, and additional on-street parking. Washer hookups are also provided. Located in El Paso, Texas, the asset is zoned R4 and offers a multifamily configuration for residential rental use.
Key Highlights
- Quadplex classification with one‑bedroom, two‑bedroom, and studio apartment layouts
- 1,287 square feet on a 0.17‑acre parcel
- R4 zoning with public sewer service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,636
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,720
$232.7K
Cap Rate 7%
$166,229
$166.2K
Cap Rate 9%
$129,289
$129.3K
Market Conditions
NOI Build-Up for 1,287 SF
Gross rent
$17.5K $13.56/SF
− Vacancy
−$829 −$0.64/SF
EGI
$16.6K $12.92/SF
− OpEx
−$5.0K −$3.87/SF
NOI
$11.6K $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%
$232,720
Cap Rate 7%
$166,229
Cap Rate 9%
$129,289
Alternative Uses
Best Use
Multifamily LT 5
$166.2K
$145.5K – $193.9K
NOI $11,636 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$153.3K
$134.2K – $178.9K
NOI $10,732 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$322.9K
$282.5K – $376.7K
NOI $22,601 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Explore this area
Business Placement
Demographics for 79905, TX
22,483
Population
9,168
Households
2.5
Avg Household Size
39
Median Age
10%
College-Educated
58%
High-School Grad
6.6 sq mi
ZIP Area
3,407
Density / Sq Mi
$25,496
Median Household Income
$21,636
Median Earnings
$646
Median Rent
$103,900
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?
Quadplex - R4-zoned rental property with public sewer, paved parking, and a mix of apartment layouts.
Where is this quadplex located?
The property is located at 633 BARCELONA Drive El Paso, TX.
What is the asking price?
The asking price for this property is $287,000.
What are key features of this property?
This property features: Quadplex classification with one‑bedroom, two‑bedroom, and studio apartment layouts; 1,287 square feet on a 0.17‑acre parcel; R4 zoning with public sewer service
