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Fourplex with Private Rear Patios

7838 Mount Latona Drive El Paso, TX 79904

7838 Mount Latona Drive, El Paso, TX, 79904
$580,000
For Sale
Claim this Listing
$580,000

MULTI_FAMILY - Other - El Paso, TX

Property Size2,485 SF
Lot Size0.14 Acres
Price / SF$233.40
AddedJun 17
Days on Market30
Last RefreshJul 16 at 4:06 am

Property Features for 7838 Mount Latona Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
A2
Bedrooms
8
Bathrooms
3
Rooms
Bedroom 8, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 7, Bathroom 4
Parking features
Driveway
Window features
Blinds
Interior features
Ceiling Fan(s)
Exterior features
Walled Backyard
Appliances
Gas Cooktop, Gas Water Heater, Refrigerator
Standard status
Active
APN
S917999002F3100
Size
2,485 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
SUNRISE ACRES #2 S 83 FT OF W 1/2 OF 153
Tax Annual Amount
16000

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air

Building Details

Year built
2024
Floors in Building
1
Flooring type
Tile
Building materials
Stucco
Roof type
Shingle
Architectural style
Other

Listing agent Ana Cristina Rodriguez License #0688937

Listing office Realty One Group Mendez Burk 5925 Silver Springs Suite A, El Paso, TX

Listing date Jun 17, 2026

MLS# 946042 Listing URL

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 for-sale fourplex offers four separate 2-bedroom, 1-bath apartments within a single, modern building constructed about two years ago. Each unit includes tile flooring, refrigerated air, and granite countertops in the kitchen, along with washer/dryer hookups for added resident convenience. The floorplans also include access to a private rear patio, and each unit is assigned one designated parking space.

Located at 7838 Mount Latona Drive in El Paso, TX 79904, the property sits on a 0.14-acre lot and is zoned A2. The listing identifies the asset as an income-producing residential property with four well-defined units, making it a straightforward option for buyers seeking a multi-unit structure.

For tenants, the combination of refrigerated air, washer/dryer hookups, and private outdoor space supports day-to-day livability in a compact, purpose-built setup. For buyers, the building’s relatively recent age and low-maintenance construction profile may be especially appealing when evaluating residential income holdings under A2 zoning. Presented as a fourplex with contemporary unit finishes throughout, the property is designed to serve multiple households within one operating footprint.

Key Highlights

  • Income‑producing fourplex with four 2‑bedroom, 1‑bath apartments
  • Built in 2024 with stucco construction and a shingle roof
  • Each unit features tile flooring and central A/C with refrigerated air

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 $33.7k $13.56
− Vacancy −$1.6k −$0.64
EGI $32.1k $12.92
− OpEx −$9.6k −$3.87
NOI $22.5k $9.04
2,485 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$321.0K
$280.8K – $374.5K (±1% cap)
NOI $22,467 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$296.0K
$259.0K – $345.4K (±1% cap)
NOI $20,723 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$623.4K
$545.5K – $727.3K (±1% cap)
NOI $43,640 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Big Box & Wholesale Store Computer & Electronic Repair Dental Office Garden Center Furniture & Home Goods Cafe & Coffee Shop HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - A newer four-unit income property with 2-bedroom layouts, private patios, and in-unit convenience features.
Where is this quadplex located?
The property is located at 7838 Mount Latona Drive El Paso, TX.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Income‑producing fourplex with four 2‑bedroom, 1‑bath apartments; Built in 2024 with stucco construction and a shingle roof; Each unit features tile flooring and central A/C with refrigerated air
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