Two-Home Duplex
708 E WASHINGTON Street, Anthony, TX 79821
For Sale
$200,000
Residential, Anthony, TX
Property Size1,994 SF
Lot Size0.11 Acres
Price / SF$100.30
Days on Market95
Property Features for 708 E WASHINGTON Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Building Details
Year built
Floors in Building
Architectural style
Listing Agency:
Search Realty, LLC
Listed By:
Sergio Villarreal Alvarez · License TX #0692747
(915) 892-8089
Added: Aug 9
Changed: Oct 28
Last Checked: Nov 11 at 1:06AM
MLS# 949102
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.
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Investment Insights
Based on property information with market context.
Two detached residences share a 0.11-acre parcel, with a combined property size of 1,994 square feet. The homes were built in 1949 and are currently tenant-occupied; each household pays its own electric and gas service.
The property is served by public sewer and is located in Anthony, in El Paso County. The zoning designation is listed as Out of Area.
The property is served by public sewer and is located in Anthony, in El Paso County. The zoning designation is listed as Out of Area.
Key Highlights
- Two residences on one 0.11‑acre lot
- Combined property size of 1,994 square feet
- Built in 1949
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,535
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,700
$330.7K
Cap Rate 7%
$236,214
$236.2K
Cap Rate 9%
$183,722
$183.7K
Market Conditions
NOI Build-Up for 1,994 SF
Gross rent
$25.1K $12.60/SF
− Vacancy
−$1.5K −$0.75/SF
EGI
$23.6K $11.85/SF
− OpEx
−$7.1K −$3.55/SF
NOI
$16.5K $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 Rate 5%
$330,700
Cap Rate 7%
$236,214
Cap Rate 9%
$183,722
Alternative Uses
Best Use
Multifamily LT 5
$236.2K
$206.7K – $275.6K
NOI $16,535 @ 7.0% cap · market cap 8.27%
Second Best
Apartment 5plus
$216.7K
$189.6K – $252.8K
NOI $15,167 @ 7.0% cap · market cap 7.58%
Theoretical Best
Office A
$360.4K
$315.3K – $420.4K
NOI $25,225 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
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Business Placement
Demographics for 79821, TX
6,416
Population
1,997
Households
3.2
Avg Household Size
36
Median Age
12%
College-Educated
75%
High-School Grad
11.2 sq mi
ZIP Area
573
Density / Sq Mi
$58,171
Median Household Income
$31,878
Median Earnings
$973
Median Rent
$135,700
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in El Paso County, TX
Properties on Market for Duplexes in El Paso County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied by tenants who pay their own electric and gas service.
Where is this duplex located?
The property is located at 708 E WASHINGTON Street Anthony, TX.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Two residences on one 0.11‑acre lot; Combined property size of 1,994 square feet; Built in 1949
