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Two-Unit Duplex Property

708 E WASHINGTON Street, Anthony, TX 79821

For Sale
$200,000

Residential Income, 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 Residential Multi Family
Property subtype Duplex
Zoning Out of Area
Subdivision W D Marsh
Elementary school Anthony
Middle school Anthony
High school Anthony
Elementary school district Anthony
Middle school district Anthony
High school district Anthony
Standard status Active
APN X18300000000230
Size 1,994 SF
Lot size 0.11 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Description W D MARSH SURV 183 ABST 2256 TR 37 (44.6 FT X 104.4 BEG 50 FT N OF NE COR LOT 2 BLK 5 ANTHONY PASS)
Tax Annual Amount 6528
Legal Description W D MARSH SURV 183 ABST 2256 TR 37 (44.6 FT X 104.4 BEG 50 FT N OF NE COR LOT 2 BLK 5 ANTHONY PASS)

Building Details

Year built 1949
Floors in Building 1
Number of units 2
Listing Agency: Search Realty, LLC
Listed By: Sergio Villarreal Alvarez · License TX #0692747
Added: Aug 9 Changed: Oct 28 Last Checked: Nov 11 at 1:06AM
MLS# 949103

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.

This duplex property includes two residential homes within a 1,994-square-foot configuration on a 0.11-acre lot. The residences were built in 1949, offering a clearly established multifamily asset with two separate homes on one property.

Located at 708 E Washington Street in Anthony, Texas, the property is identified within El Paso County and carries the zoning designation “Out of Area.” Its two-home layout provides a straightforward residential income property format in the 79821 postal area.

Key Highlights

  • Two residential homes on one property
  • 1,994 square feet of property size
  • 0.11‑acre lot

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 (±1% cap)
NOI $16,535 @ 7.0% cap · market cap 8.27%
Second Best
Apartment 5plus
$216.7K
$189.6K – $252.8K (±1% cap)
NOI $15,167 @ 7.0% cap · market cap 7.58%
Theoretical Best
Office A
$360.4K
$315.3K – $420.4K (±1% cap)
NOI $25,225 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in El Paso County, TX

$148 Jul
$151 Aug
$154 Sep
$155 Oct

Properties on Market for Duplexes in El Paso County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units provide a compact multifamily configuration in Anthony, Texas.
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 residential homes on one property; 1,994 square feet of property size; 0.11‑acre lot
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