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Quadplex with Assigned Parking
New
For Sale
$410,000

712 S Mesa Street, El Paso, TX 79901

Residential Income, El Paso, TX

Property Size2,600 SF
Lot Size0.07 Acres
Price / SF$157.69
Days on Market1

Property Features for 712 S Mesa Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Zoning R1
Parking 4
Parking features Assigned
Appliances Refrigerator, Free-Standing Gas Oven, Fan Hood
Subdivision Campbell
Elementary school Aoy
Middle school Guillen
High school Bowie
Elementary school district El Paso
Middle school district El Paso
High school district El Paso
Standard status Active
APN C05099908607100
Size 2,600 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 86 Campbell Lot 16 (3120 SQ FT)
Tax Annual Amount 821
Legal Description 86 Campbell Lot 16 (3120 SQ FT)

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Ceiling Fan(s)

Amenities

washer/dryer hook ups
stainless steel refrigerator
stainless steel stove
refrigerated air
individual utility meters
assigned parking

Building Details

Year built 2026
Number of units 4
Flooring type Tile - Ceramic
Building materials Stucco
Roof type Flat
Listing Agency: Gilberto Lujan
Listed By: Nohemi Loya
Added: Oct 7 Last Checked: Oct 7 at 6:06AM
MLS# 952373

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 four-unit residential property is under construction, with completion scheduled for November 30, 2026. Each residence is configured as a one-bedroom, one-bath unit and includes washer and dryer connections, a stainless steel refrigerator and stove, ceramic tile flooring, and refrigerated air. Individual utility meters and assigned parking are provided. The property is zoned R1.

At 712 S Mesa Street in downtown El Paso, the site is a few blocks from the Santa Fe international bridge, shopping, and San Jacinto Plaza. The parcel measures 0.07 acres.

Key Highlights

  • Four units, each with one bedroom and one bathroom
  • Construction completion scheduled for November 30, 2026
  • Individual utility meters and assigned parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,507
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,140 $470.1K
Cap Rate 7%
$335,814 $335.8K
Cap Rate 9%
$261,189 $261.2K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$35.3K $13.56/SF
− Vacancy
−$1.7K −$0.64/SF
EGI
$33.6K $12.92/SF
− OpEx
−$10.1K −$3.87/SF
NOI
$23.5K $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%
$470,140
Cap Rate 7%
$335,814
Cap Rate 9%
$261,189

Alternative Uses

Best Use
Multifamily LT 5
$335.8K
$293.8K – $391.8K (±1% cap)
NOI $23,507 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$309.7K
$271.0K – $361.4K (±1% cap)
NOI $21,682 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$652.3K
$570.8K – $761.0K (±1% cap)
NOI $45,660 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Catering Service Garden Center Butcher Buffet

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,481
Businesses Nearby

Demographics for 79901, TX

10,027
Population
4,571
Households
2.2
Avg Household Size
40
Median Age
7%
College-Educated
46%
High-School Grad
2.2 sq mi
ZIP Area
4,558
Density / Sq Mi
$13,984
Median Household Income
$19,026
Median Earnings
$517
Median Rent
$93,100
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four one-bedroom residences include individual utility meters and in-unit washer and dryer connections.
Where is this quadplex located?
The property is located at 712 S Mesa Street El Paso, TX.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Four units, each with one bedroom and one bathroom; Construction completion scheduled for November 30, 2026; Individual utility meters and assigned parking
More about this property
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