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Residential Income Property with Studio
For Sale
$499,950

871 Country Club Road, El Paso, TX 79932

Residential, El Paso, TX

Property Size2,814 SF
Lot Size0.09 Acres
Price / SF$177.67
Days on Market140

Property Features for 871 Country Club Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R3
Bedrooms 4
Bathrooms 5
Full bathrooms 4
Half bathrooms 1
Rooms Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3, Bathroom 5
Interior features Double Vanity, Ceiling Fan(s), Entrance Foyer, Kitchen Island, Master Up, Pantry, Walk-In Closet(s)
Exterior features Walled Backyard, Back Yard Access
Fireplace 1
Appliances Dishwasher, Disposal, Free-Standing Gas Oven, Microwave, Tankless Water Heater
Subdivision Country Place
Lot features Standard Lot
Elementary school Donald Lee Haskins
Middle school Donald Lee Haskins
High school Coronado
Elementary school district El Paso
Middle school district El Paso
High school district El Paso
Standard status Active
APN C88399900100990
Size 2,814 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 1 COUNTRY PLACE ESTATES PT OF 9 BEG 334.36 FT NW OF SEC (54.35 FT ON ST- 87.51 FT ON S- IRREG ON W- 69.49 ON N) (3872.00
Tax Annual Amount 9276
HOA Fee $100 Monthly
Legal Description 1 COUNTRY PLACE ESTATES PT OF 9 BEG 334.36 FT NW OF SEC (54.35 FT ON ST- 87.51 FT ON S- IRREG ON W- 69.49 ON N) (3872.00

Utilities

Sewer type Public Sewer
Heating system Forced Air, Central
Cooling system Central Air, Ceiling Fan(s)

Building Details

Year built 2023
Floors in Building 2
Flooring type Tile
Building materials Stucco
Roof type Tile, Flat
Architectural style Other
Listing Agency: Keller Williams Realty
Listed By: Alejandro Gamboa
Added: Apr 9 Changed: Aug 23 Last Checked: Aug 26 at 6:06PM
MLS# 941878

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.

Built in 2023, this 2,814-square-foot residential income property combines a four-bedroom, 4.5-bath layout with a separate studio for added flexibility. Each bedroom has its own bathroom, while the interior includes a foyer, great room with fireplace, dining area, utility room, pantry, and an upstairs primary suite with two walk-in closets. The kitchen is equipped with a quartz island, Jenn Air stainless steel appliances, a six-burner gas range, and a wall-mounted pot filler. Tile flooring, quartz bathroom counters, contemporary lighting, and central heating and cooling continue throughout the home.

Outdoor features include a large patio, walled backyard, and rear access. The property also includes a two-car garage, tankless water heater, public sewer service, stucco construction, and tile and flat roofing. It is located in El Paso, Texas, and carries R3 zoning.

Key Highlights

  • 2,814 square feet with 4 bedrooms and 4.5 bathrooms
  • Each bedroom includes its own bathroom; separate studio adds flexible space
  • Built in 2023 with a quartz‑island kitchen and Jenn Air stainless steel appliances

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
$23,466
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
4.69%
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%
$469,320 $469.3K
Cap Rate 7%
$335,229 $335.2K
Cap Rate 9%
$260,733 $260.7K
Market Conditions
NOI Build-Up for 2,814 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
$44.9K $15.96/SF
− Vacancy
−$2.2K −$0.80/SF
EGI
$42.7K $15.16/SF
− OpEx
−$19.2K −$6.82/SF
NOI
$23.5K $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 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%
$469,320
Cap Rate 7%
$335,229
Cap Rate 9%
$260,733

Alternative Uses

Best Use
Apartment 5plus
$335.2K
$293.3K – $391.1K (±1% cap)
NOI $23,466 @ 7.0% cap · market cap 4.69%
Second Best
no second resolved use
Theoretical Best
Office A
$706.0K
$617.7K – $823.6K (±1% cap)
NOI $49,418 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Auto Repair Shop Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby

Demographics for 79932, TX

29,996
Population
11,237
Households
2.7
Avg Household Size
36
Median Age
43%
College-Educated
88%
High-School Grad
13.7 sq mi
ZIP Area
2,189
Density / Sq Mi
$76,789
Median Household Income
$47,819
Median Earnings
$1,042
Median Rent
$253,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential income property - Updated four-bedroom residence with private bedroom baths, flexible studio space, and a walled backyard.
Where is this residential income property located?
The property is located at 871 Country Club Road El Paso, TX.
What is the asking price?
The asking price for this property is $499,950.
What are key features of this property?
This property features: 2,814 square feet with 4 bedrooms and 4.5 bathrooms; Each bedroom includes its own bathroom; separate studio adds flexible space; Built in 2023 with a quartz‑island kitchen and Jenn Air stainless steel appliances
More about this property
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