Five-Unit Apartment
For Sale
$449,000
Pending
8168 VALLEY VIEW Drive, El Paso, TX 79907
Residential Income, El Paso, TX
Property Size3,810 SF
Lot Size0.51 Acres
Days on Market234
Property Features for 8168 VALLEY VIEW Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Parking features
On Street
Appliances
Water Heater, Refrigerator, Free-Standing Gas Oven
Subdivision
Valley Home
Elementary school
Lebarron
Middle school
Rio Bravo
High school
Delvalle
Elementary school district
Ysleta
Middle school district
Ysleta
High school district
Ysleta
Standard status
Pending
APN
V23699900104300
Size
3,810 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
VALLEY HOME WLY PT OF 10 & ELY PT OF 11 (68.18 ON N - 323.53 ON E - 76.46 ON S - 358.50 ON W)
Tax Annual Amount
7339
Legal Description
VALLEY HOME WLY PT OF 10 & ELY PT OF 11 (68.18 ON N - 323.53 ON E - 76.46 ON S - 358.50 ON W)
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace, Forced Air
Cooling system
Ceiling Fan(s), Evaporative Cooling, Varies by Unit
Amenities
xeriscape front yard
mini-split cooling unit
garage
ceiling fans
refrigerator
gas stove
individual wood-fenced yards
Building Details
Year built
1960
Number of units
5
Flooring type
Hardwood, Vinyl, Carpet
Building materials
Stucco
Roof type
Composition
Listing Agency:
Realty One Group Mendez Burk
(915) 231-1225
Listed By:
Celeste Palacios
(915) 261-8627
Added: Mar 3
Changed: Oct 22
Last Checked: Oct 23 at 10:06AM
MLS# 939236
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.
The property contains a main house of approximately 810 square feet and four apartments of approximately 750 square feet each, totaling 3,810 square feet across five residences. The house has two bedrooms, one bathroom, a garage, xeriscape landscaping in front, and a mini-split cooling unit. Each apartment has two bedrooms, one bathroom, ceiling fans, a refrigerator, a gas stove, and its own wood-fenced yard. The buildings date to 1960, and the site covers 0.51 acres with R3 zoning.
Yarbrough Road and Loop 375 are accessible from the property, and J.P. Shawver Park is within walking distance. The site is served by public sewer.
Yarbrough Road and Loop 375 are accessible from the property, and J.P. Shawver Park is within walking distance. The site is served by public sewer.
Key Highlights
- Five residences: one 810‑square‑foot house and four apartments of approximately 750 square feet each
- Each apartment has 2 bedrooms, 1 bathroom, a refrigerator, gas stove, ceiling fans, and a wood‑fenced yard
- Main house includes 2 bedrooms, 1 bathroom, a garage, xeriscape front yard, and mini‑split cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,772
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,440
$635.4K
Cap Rate 7%
$453,886
$453.9K
Cap Rate 9%
$353,022
$353.0K
Market Conditions
NOI Build-Up for 3,810 SF
Gross rent
$60.8K $15.96/SF
− Vacancy
−$3.0K −$0.80/SF
EGI
$57.8K $15.16/SF
− OpEx
−$26.0K −$6.82/SF
NOI
$31.8K $8.34/SF
Area
El Paso, TX
Vacancy
5.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$635,440
Cap Rate 7%
$453,886
Cap Rate 9%
$353,022
Alternative Uses
Best Use
Apartment 5plus
$453.9K
$397.2K – $529.5K
NOI $31,772 @ 7.0% cap · market cap 7.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$955.8K
$836.4K – $1.12M
NOI $66,909 @ 7.0% cap · market cap 14.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
5
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Explore this area
Business Placement
Demographics for 79907, TX
50,971
Population
17,505
Households
2.9
Avg Household Size
39
Median Age
13%
College-Educated
71%
High-School Grad
13.7 sq mi
ZIP Area
3,721
Density / Sq Mi
$41,901
Median Household Income
$25,661
Median Earnings
$910
Median Rent
$110,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Four apartments and a separate house offer distinct living spaces, with fenced yards serving each apartment.
Where is this apartment building located?
The property is located at 8168 VALLEY VIEW Drive El Paso, TX.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Five residences: one 810‑square‑foot house and four apartments of approximately 750 square feet each; Each apartment has 2 bedrooms, 1 bathroom, a refrigerator, gas stove, ceiling fans, and a wood‑fenced yard; Main house includes 2 bedrooms, 1 bathroom, a garage, xeriscape front yard, and mini‑split cooling
