Four-Unit Brick
For Sale
$320,000
Pending
7309 TUDOR Way, El Paso, TX 79912
Residential, El Paso, TX
Property Size3,288 SF
Lot Size0.19 Acres
Days on Market95
Property Features for 7309 TUDOR Way
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
A2
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bedroom 8, Bedroom 6, Bedroom 3, Bathroom 4, Bathroom 2, Bedroom 7, Bathroom 1, Bedroom 1
Window features
Skylight(s)
Interior features
High Speed Internet
Exterior features
Back Yard Access
Fencing
Fenced
Fireplace
1
Appliances
Dishwasher, Free-Standing Gas Oven, Gas Water Heater
Subdivision
West Hills
Lot features
Cul-De-Sac
Elementary school
Guerrero
Middle school
Brown
High school
Franklin
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Pending
APN
W14599900400400
Size
3,288 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
4 WEST HILLS #2 LOT 4 (8360.67 SQ FT)
Tax Annual Amount
10817
Legal Description
4 WEST HILLS #2 LOT 4 (8360.67 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Building Details
Year built
1984
Floors in Building
1
Flooring type
Tile
Building materials
Brick
Roof type
Shingle
Architectural style
Other
Listing Agency:
Home Pros Real Estate Group
(915) 585-8806
Listed By:
Fermin Pena
(915) 299-9393
Added: Jun 6
Changed: Sep 7
Last Checked: Sep 8 at 11:06AM
MLS# 945370
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 contains 3,288 square feet on a 0.19-acre lot and was built in 1984. The room inventory includes eight bedrooms and four bathrooms. Brick construction, tile flooring, shingle roofing, natural-gas heating, a fireplace, and fencing are among the existing features. The property also includes a dishwasher, free-standing gas oven, gas water heater, high-speed internet, and public sewer service.
Zoned A2, the property is positioned near shopping, dining, parks, and major thoroughfares. Back-yard access provides an additional exterior feature. The sale is offered in its current as-is condition.
Zoned A2, the property is positioned near shopping, dining, parks, and major thoroughfares. Back-yard access provides an additional exterior feature. The sale is offered in its current as-is condition.
Key Highlights
- Four‑unit residential property with 3,288 SF of building area
- 0.19‑acre lot with fenced outdoor space and back‑yard access
- Eight bedrooms and four bathrooms listed in the room inventory
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,831
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$556,620
$556.6K
Cap Rate 7%
$397,586
$397.6K
Cap Rate 9%
$309,233
$309.2K
Market Conditions
NOI Build-Up for 3,288 SF
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.
Gross rent
$53.3K $16.20/SF
− Vacancy
−$2.7K −$0.81/SF
EGI
$50.6K $15.39/SF
− OpEx
−$22.8K −$6.93/SF
NOI
$27.8K $8.46/SF
Area
ZIP 79912
Vacancy
5.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$556,620
Cap Rate 7%
$397,586
Cap Rate 9%
$309,233
Alternative Uses
Best Use
Multifamily LT 5
$432.2K
$378.2K – $504.2K
NOI $30,253 @ 7.0% cap · market cap 9.45%
Second Best
Apartment 5plus
$397.6K
$347.9K – $463.9K
NOI $27,831 @ 7.0% cap · market cap 8.70%
Theoretical Best
Office A
$695.6K
$608.7K – $811.6K
NOI $48,695 @ 7.0% cap · market cap 15.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Explore this area
Business Placement
Demographics for 79912, TX
78,652
Population
33,856
Households
2.3
Avg Household Size
37
Median Age
49%
College-Educated
91%
High-School Grad
23.7 sq mi
ZIP Area
3,319
Density / Sq Mi
$72,290
Median Household Income
$39,330
Median Earnings
$1,191
Median Rent
$248,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing residential property with fenced outdoor space, gas appliances, tile flooring, and back-yard access.
Where is this quadplex located?
The property is located at 7309 TUDOR Way El Paso, TX.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Four‑unit residential property with 3,288 SF of building area; 0.19‑acre lot with fenced outdoor space and back‑yard access; Eight bedrooms and four bathrooms listed in the room inventory
