Updated Duplex with New
New
For Sale
$295,000
8614 & 861 ECHO Street, El Paso, TX 79904
Residential Income, El Paso, TX
Property Size2,043 SF
Lot Size0.26 Acres
Price / SF$144.40
Days on Market2
Property Features for 8614 & 861 ECHO Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Appliances
Water Heater, Washer Hookup, Microwave, Gas Cooktop, Dishwasher
Subdivision
Sunrise Acres
Elementary school
Park
Middle school
Canyonh
High school
Capt J L Chapin High
Elementary school district
El Paso
Middle school district
El Paso
High school district
El Paso
Standard status
Active
APN
S912999001G0600
Size
2,043 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
SUNRISE ACRES #1 N 76 FT OF S 108 FT OF W 150 FT OF 154 (11400 SQ FT)
Tax Annual Amount
6542
Legal Description
SUNRISE ACRES #1 N 76 FT OF S 108 FT OF W 150 FT OF 154 (11400 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Heat Pump (Heating)
Cooling system
Heat Pump, Evaporative Cooling, Ceiling Fan(s)
Building Details
Year built
1971
Number of units
2
Flooring type
Tile
Building materials
Brick
Roof type
Shingle, Composition
Listing Agency:
Dalton Wade, Inc.
(727) 888-4175
Listed By:
Claudia Margarita Sigala
(915) 307-0655
Added: Sep 14
Changed: Sep 15
Last Checked: Sep 15 at 9:06AM
MLS# 951184
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 2,043 square feet on a 0.26-acre lot, with two residential units measuring two bedrooms and one bathroom each. One unit is tenant-occupied, while the other is vacant and ready for occupancy. Both bathrooms have been updated, and one unit includes an updated kitchen, an enclosed non-GLA patio, and a laundry room. Brick construction, tile flooring, a newer shingle and composition roof, and new windows are among the property improvements. Heating and cooling systems include natural gas, heat pump, evaporative cooling, and ceiling fans.
The property is zoned R4 and has public sewer service. Access to US-54 connects the duplex with the surrounding El Paso area. On-site features include a gas cooktop, dishwasher, microwave, water heater, and washer hookup.
The property is zoned R4 and has public sewer service. Access to US-54 connects the duplex with the surrounding El Paso area. On-site features include a gas cooktop, dishwasher, microwave, water heater, and washer hookup.
Key Highlights
- Two‑unit duplex with 2,043 square feet on 0.26 acres
- Each unit includes 2 bedrooms and 1 bathroom
- One unit is tenant‑occupied; the second is vacant
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
$18,471
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
6.26%
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%
$369,420
$369.4K
Cap Rate 7%
$263,871
$263.9K
Cap Rate 9%
$205,233
$205.2K
Market Conditions
NOI Build-Up for 2,043 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
$27.7K $13.56/SF
− Vacancy
−$1.3K −$0.64/SF
EGI
$26.4K $12.92/SF
− OpEx
−$7.9K −$3.87/SF
NOI
$18.5K $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%
$369,420
Cap Rate 7%
$263,871
Cap Rate 9%
$205,233
Alternative Uses
Best Use
Multifamily LT 5
$263.9K
$230.9K – $307.9K
NOI $18,471 @ 7.0% cap · market cap 6.26%
Second Best
Apartment 5plus
$243.4K
$213.0K – $284.0K
NOI $17,037 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$512.5K
$448.5K – $598.0K
NOI $35,878 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
50%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Explore this area
Business Placement
Demographics for 79904, TX
31,491
Population
13,571
Households
2.3
Avg Household Size
33
Median Age
14%
College-Educated
78%
High-School Grad
12.0 sq mi
ZIP Area
2,624
Density / Sq Mi
$40,892
Median Household Income
$28,775
Median Earnings
$1,017
Median Rent
$117,400
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 - Two-unit residential property with one occupied unit, one vacant unit, and refreshed interiors.
Where is this duplex located?
The property is located at 8614 & 861 ECHO Street El Paso, TX.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,043 square feet on 0.26 acres; Each unit includes 2 bedrooms and 1 bathroom; One unit is tenant‑occupied; the second is vacant
