Fenced Duplex with
New
For Sale
$185,000
847 BARANDAL Drive, El Paso, TX 79907
Residential, El Paso, TX
Property Size1,250 SF
Lot Size0.08 Acres
Price / SF$148
Days on Market2
Property Features for 847 BARANDAL Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1
Bedrooms
3
Bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Laundry Room, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Appliances
Dishwasher, Free-Standing Gas Oven, Range Hood
Subdivision
El Dorado
Lot features
Standard Lot, Subdivided
Elementary school
Loma Terrace
Middle school
Bel Air
High school
Belair
Elementary school district
Ysleta
Middle school district
Ysleta
High school district
Ysleta
Standard status
Active
APN
E29999900303100
Size
1,250 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
3 EL DORADO NELY 32.30 FT OF 31 (3553 SQ FT)
Tax Annual Amount
4027
Legal Description
3 EL DORADO NELY 32.30 FT OF 31 (3553 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Central
Cooling system
Evaporative Cooling
Amenities
storage unit
fenced
Building Details
Year built
1984
Floors in Building
1
Flooring type
Carpet, Tile
Building materials
Brick
Roof type
Shingle
Architectural style
Other
Listing Agency:
DKD Associates Inc.
(915) 772-9177
Listed By:
Fernando Zuluaga · License #0458179
(915) 727-3947
Added: Sep 11
Changed: Sep 12
Last Checked: Sep 12 at 5:06PM
MLS# 951028
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 duplex contains 1,250 square feet on a 0.08-acre lot and was built in 1984. The layout includes three bedrooms, a combined living-dining room, a laundry room, and a backyard storage unit. Brick construction, tile and carpet flooring, a shingle roof, and fencing are among the property’s physical features.
The property is located near shopping areas with access to Zaragoza and Loop 375. Interior equipment includes a dishwasher, free-standing gas oven, and range hood. Heating is provided by central forced air, cooling by evaporative cooling, and the property is served by public sewer.
The property is located near shopping areas with access to Zaragoza and Loop 375. Interior equipment includes a dishwasher, free-standing gas oven, and range hood. Heating is provided by central forced air, cooling by evaporative cooling, and the property is served by public sewer.
Key Highlights
- Duplex with 1,250 square feet of property size
- Three bedrooms and a combined living‑dining room
- 0.08‑acre fenced lot with backyard storage unit
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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Open Analytics
Current Use
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
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex offering a combined living-dining area, backyard storage, fencing, and access to nearby shopping and major routes.
Where is this duplex located?
The property is located at 847 BARANDAL Drive 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 1,250 square feet of property size; Three bedrooms and a combined living‑dining room; 0.08‑acre fenced lot with backyard storage unit
