Renovated Duplex Income
7107 PARKLAND Drive El Paso, TX 79925
New
7107 PARKLAND Drive, El Paso, TX, 79925
$299,950
For Sale
$299,950
MULTI_FAMILY - El Paso, TX
Property Size2,148 SF
Lot Size0.15 Acres
Price / SF$139.64
Days on Market2
Property Features for 7107 PARKLAND Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- R4
- Appliances
- Range Hood, Microwave, Free-Standing Gas Oven, Dishwasher
- Standard status
- Active
- APN
- C51899901307900
- Size
- 2,148 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 13 CIELO VISTA PARK LOT 40 (6692.53 SQ FT)
- Tax Annual Amount
- 5079
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
Building Details
- Year built
- 1954
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Shingle
Listing Agency
Home Pros Real Estate Group
(915) 585-8806
1035 Belvidere St., Suite 200, el paso, TX
Listed by
Tarryn A Ortega
(915) 975-5310
Added: Jul 20 Checked: Jul 21 at 1:06 am
MLS# 947907
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 renovated duplex offers two updated residential units. The larger unit includes three bedrooms and two bathrooms with spacious living areas. The second unit features one bedroom and one bathroom and is currently leased, providing income for the new owner.
The property is located at 7107 PARKLAND Drive in El Paso, Texas 79925, in El Paso County. It sits on a 0.15-acre lot and is identified for zoning R4.
With renovations completed and two separate units in place, the layout supports a straightforward two-unit residential income configuration.
The property is located at 7107 PARKLAND Drive in El Paso, Texas 79925, in El Paso County. It sits on a 0.15-acre lot and is identified for zoning R4.
With renovations completed and two separate units in place, the layout supports a straightforward two-unit residential income configuration.
Key Highlights
- Multi‑family property with 2 updated units: 3 bed/2 bath and 1 bed/1 bath
- Smaller 1 bed/1 bath unit is leased for $995/month
- Central heating; public sewer
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 | $29.1k | $13.56 |
| − Vacancy | −$1.4k | −$0.64 |
| EGI | $27.7k | $12.92 |
| − OpEx | −$8.3k | −$3.87 |
| NOI | $19.4k | $9.04 |
2,148 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$277.4K
$242.8K – $323.7K
NOI $19,420 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$255.9K
$223.9K – $298.5K
NOI $17,912 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$538.9K
$471.5K – $628.7K
NOI $37,722 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Renovated duplex with two updated units, including a leased smaller unit and a larger 3-bedroom, 2-bath unit.
Where is this duplex located?
The property is located at 7107 PARKLAND Drive El Paso, TX.
What is the asking price?
The asking price for this property is $299,950.
What are key features of this property?
This property features: Multi‑family property with 2 updated units: 3 bed/2 bath and 1 bed/1 bath; Smaller 1 bed/1 bath unit is leased for $995/month; Central heating; public sewer
