Fenced Duplex with
New
For Sale
$185,000
847 Barandal Dr, El Paso, TX 79907
Three-bedroom configuration with a combined living and dining area, plus a backyard storage unit.
Property Size1,250 SF
Price / SF$148
Days on Market3
Property Features for 847 Barandal Dr
General Information
Standard status
Active
Size
1,250 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1984
Buildings
1
Listing Agency:
Sandy Messer And Associates
Listed By:
ClearView Realty
(915) 855-1110
Source:
Clearviewep
Added: Sep 13
Changed: Sep 14
Last Checked: Sep 15 at 7:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sandy Messer And Associates
Investment Insights
Based on property information with market context.
This duplex, built in 1984, offers three bedrooms and one and a half baths within a 1,250-square-foot property. The interior includes a combined living and dining room, while a separate storage unit provides additional space in the backyard. Fencing surrounds the property.
Located at 847 Barandal Dr in El Paso, the property is near shopping areas and provides access to Zaragosa and Loop 375. Its residential income configuration and practical storage component support a range of ownership and occupancy needs.
Located at 847 Barandal Dr in El Paso, the property is near shopping areas and provides access to Zaragosa and Loop 375. Its residential income configuration and practical storage component support a range of ownership and occupancy needs.
Key Highlights
- Duplex with 3 bedrooms and 1.5 baths
- 1,250 square feet of property size
- Living‑dining room combination
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
$11,301
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
6.11%
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%
$226,020
$226.0K
Cap Rate 7%
$161,443
$161.4K
Cap Rate 9%
$125,567
$125.6K
Market Conditions
NOI Build-Up for 1,250 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
$17.0K $13.56/SF
− Vacancy
−$805 −$0.64/SF
EGI
$16.1K $12.92/SF
− OpEx
−$4.8K −$3.87/SF
NOI
$11.3K $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 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%
$226,020
Cap Rate 7%
$161,443
Cap Rate 9%
$125,567
Alternative Uses
Best Use
Multifamily LT 5
$161.4K
$141.3K – $188.4K
NOI $11,301 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$148.9K
$130.3K – $173.7K
NOI $10,424 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$313.6K
$274.4K – $365.9K
NOI $21,952 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
297
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
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Frequently Asked Questions
What type of property is this?
Duplex - Three-bedroom configuration with a combined living and dining area, plus a backyard storage unit.
Where is this duplex located?
The property is located at 847 Barandal Dr El Paso, TX.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Duplex with 3 bedrooms and 1.5 baths; 1,250 square feet of property size; Living‑dining room combination
