New Construction
For Sale
$470,000
8704 Echo Street, El Paso, TX 79904
Two separate residences offer a flexible configuration for rental or owner-occupant use.
Property Size3,218 SF
Price / SF$146.05
Days on Market241
Property Features for 8704 Echo Street
General Information
Standard status
Active
Size
3,218 SF
Property subtype
Multi Family Home
Zoning
R4
Site & Location
Neighborhood
Sunrise Neighborhood Association
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$854
Amenities
See Remarks
Ceiling Fan(s)
Kitchen Island
Master Up
Pantry
Balcony
Rain Gutters
Building Details
Building Size
3,218 SF
Year Built
2026
Buildings
1
Stories
2
Listing Agency:
Cornerstone Realty
(915) 355-2335
Listed By:
Brandy Phillip
(915) 496-3602
Source:
Elpasorealestateco
Added: Mar 3
Changed: Oct 26
Last Checked: Oct 29 at 8:14PM
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 Cornerstone Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Scheduled for completion in 2026, this R4-zoned duplex contains 3,218 square feet across two residences. Each unit has three bedrooms, two full bathrooms, a half bath, an open-concept layout, and a private primary suite with an en-suite bathroom. Modern finishes and energy-efficient construction are included, along with a design intended to limit maintenance.
The property is in northeast El Paso, near Sunrise Park, Fort Bliss, employers, shopping, dining, and transportation routes. The residences may also be purchased separately.
The property is in northeast El Paso, near Sunrise Park, Fort Bliss, employers, shopping, dining, and transportation routes. The residences may also be purchased separately.
Key Highlights
- Two‑unit duplex with 3,218 square feet
- Each residence includes 3 bedrooms and 2.5 bathrooms
- Private primary suite with en‑suite bath in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,094
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$581,880
$581.9K
Cap Rate 7%
$415,629
$415.6K
Cap Rate 9%
$323,267
$323.3K
Market Conditions
NOI Build-Up for 3,218 SF
Gross rent
$43.6K $13.56/SF
− Vacancy
−$2.1K −$0.64/SF
EGI
$41.6K $12.92/SF
− OpEx
−$12.5K −$3.87/SF
NOI
$29.1K $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 Rate 5%
$581,880
Cap Rate 7%
$415,629
Cap Rate 9%
$323,267
Alternative Uses
Best Use
Multifamily LT 5
$415.6K
$363.7K – $484.9K
NOI $29,094 @ 7.0% cap · market cap 6.19%
Second Best
Apartment 5plus
$383.4K
$335.4K – $447.3K
NOI $26,835 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$807.3K
$706.4K – $941.9K
NOI $56,513 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
199
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a flexible configuration for rental or owner-occupant use.
Where is this duplex located?
The property is located at 8704 Echo Street El Paso, TX.
What is the asking price?
The asking price for this property is $470,000.
What are key features of this property?
This property features: Two‑unit duplex with 3,218 square feet; Each residence includes 3 bedrooms and 2.5 bathrooms; Private primary suite with en‑suite bath in each unit
