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Duplex With Private Balconies
New
For Sale
$425,000

7012 Pandora Street, El Paso, TX 79904

Residential Income, El Paso, TX

Property Size2,392 SF
Lot Size0.22 Acres
Price / SF$177.68
Days on Market7

Property Features for 7012 Pandora Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R4
Parking 4
Appliances Washer Hookup, Refrigerator, Microwave, Gas Water Heater, Exhaust Fan, Disposal
Subdivision Sunrise Acres
Elementary school Sunrise Elementary
Middle school Magoffin
High school Irvin
Elementary school district El Paso
Middle school district El Paso
High school district El Paso
Standard status Active
APN 673513 & 667854
Size 2,392 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description BLK 1 SUNRISE ACRES #2 REPLAT B N 30.62 FT OF 2
Tax Annual Amount 4590
Legal Description BLK 1 SUNRISE ACRES #2 REPLAT B N 30.62 FT OF 2

Utilities

Sewer type Public Sewer
Heating system Natural Gas

Amenities

gas range
refrigerator
dishwasher
microwave
garbage disposal
washer/dryer hookups
private balconies
large backyards

Building Details

Year built 2016
Number of units 2
Building materials Stucco
Roof type Flat
Listing Agency: Doug Borrett Real Estate Co.
Listed By: George Cruz · License #0379466
Added: Oct 7 Last Checked: Oct 13 at 1:06PM
MLS# 952427

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.

Built in 2016, this 2,392-square-foot duplex contains two separate residences, each with 3 bedrooms and 3 bathrooms. Both units include a one-car garage, washer and dryer hookups, a private balcony with views of the Franklin Mountains, and a large backyard. Kitchens are equipped with a gas range, refrigerator, dishwasher, microwave, and garbage disposal.

The 0.22-acre property is in El Paso and is zoned R4. Each residence has its own utility meter and parking area.

Key Highlights

  • Two units, each with 3 bedrooms and 3 bathrooms
  • 2,392 square feet on a 0.22‑acre lot
  • Built in 2016; zoned R4

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,626
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,520 $432.5K
Cap Rate 7%
$308,943 $308.9K
Cap Rate 9%
$240,289 $240.3K
Market Conditions
NOI Build-Up for 2,392 SF
Gross rent
$32.4K $13.56/SF
− Vacancy
−$1.5K −$0.64/SF
EGI
$30.9K $12.92/SF
− OpEx
−$9.3K −$3.87/SF
NOI
$21.6K $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%
$432,520
Cap Rate 7%
$308,943
Cap Rate 9%
$240,289

Alternative Uses

Best Use
Multifamily LT 5
$308.9K
$270.3K – $360.4K (±1% cap)
NOI $21,626 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$285.0K
$249.3K – $332.5K (±1% cap)
NOI $19,947 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$600.1K
$525.1K – $700.1K (±1% cap)
NOI $42,007 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Madre Tierra Spiritual Center

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Computer & Electronic Repair Cafe & Coffee Shop Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

237
Businesses Nearby

Demographics for 79904, TX

31,491
Population
13,571
Households
2.3
Avg Household Size
33
Median Age
14%
College-Educated
78%
High-School Grad
12.0 sq mi
ZIP Area
2,624
Density / Sq Mi
$40,892
Median Household Income
$28,775
Median Earnings
$1,017
Median Rent
$117,400
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence has three bedrooms, three bathrooms, a garage, and separate utility meters.
Where is this duplex located?
The property is located at 7012 Pandora Street El Paso, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 3 bathrooms; 2,392 square feet on a 0.22‑acre lot; Built in 2016; zoned R4
More about this property
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