3-Bedroom
New
For Sale
$250,000
8929 TEODOSO Drive, El Paso, TX 79907
Residential, El Paso, TX
Property Size1,975 SF
Lot Size0.14 Acres
Price / SF$126.58
Days on Market2
Property Features for 8929 TEODOSO Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R4
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2
Exterior features
Back Yard Access
Appliances
Free-Standing Electric Oven, Microwave
Subdivision
Ysleta
Lot features
Standard Lot
Elementary school
Ysleta
Middle school
Ysleta
High school
Ysleta
Elementary school district
Ysleta
Middle school district
Ysleta
High school district
Ysleta
Standard status
Active
APN
Y80599903700601
Size
1,975 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
37 YSLETA TR 6-A (0.13 AC) & TR 6-B-1 (0.02 AC)
Tax Annual Amount
4754
Legal Description
37 YSLETA TR 6-A (0.13 AC) & TR 6-B-1 (0.02 AC)
Utilities
Sewer type
Public Sewer
Cooling system
Multi Units, Ceiling Fan(s)
Building Details
Year built
1950
Floors in Building
1
Flooring type
Laminate, Tile
Building materials
Adobe
Roof type
Flat
Architectural style
Other
Listing Agency:
Realty Of America, LLC
(512) 788-9495
Listed By:
Nydia A. Cano
(915) 727-4359
Added: Oct 16
Changed: Oct 17
Last Checked: Oct 17 at 10:06PM
MLS# 952988
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.
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Investment Insights
Based on property information with market context.
This R4-zoned duplex contains 1,975 square feet across two residences on a 0.14-acre lot. One unit has 2 bedrooms and 1 bathroom; the other has 1 bedroom and 1 bathroom. Each residence has its own electric and gas meter. Adobe construction, tile and laminate flooring, and a flat roof define the property’s physical profile.
The 1950-built property includes back yard access, public sewer service, multi-unit cooling, and ceiling fans. Appliances include a free-standing electric oven and microwave.
The 1950-built property includes back yard access, public sewer service, multi-unit cooling, and ceiling fans. Appliances include a free-standing electric oven and microwave.
Key Highlights
- Two units: one with 2 bedrooms and 1 bathroom; the other with 1 bedroom and 1 bathroom
- 1,975 square feet on a 0.14‑acre lot
- R4 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,856
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,120
$357.1K
Cap Rate 7%
$255,086
$255.1K
Cap Rate 9%
$198,400
$198.4K
Market Conditions
NOI Build-Up for 1,975 SF
Gross rent
$26.8K $13.56/SF
− Vacancy
−$1.3K −$0.64/SF
EGI
$25.5K $12.92/SF
− OpEx
−$7.7K −$3.87/SF
NOI
$17.9K $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%
$357,120
Cap Rate 7%
$255,086
Cap Rate 9%
$198,400
Alternative Uses
Best Use
Multifamily LT 5
$255.1K
$223.2K – $297.6K
NOI $17,856 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$235.3K
$205.9K – $274.5K
NOI $16,470 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$495.5K
$433.6K – $578.1K
NOI $34,684 @ 7.0% cap · market cap 13.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
564
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered residences offer a 2-bedroom, 1-bath layout and a 1-bedroom, 1-bath layout.
Where is this duplex located?
The property is located at 8929 TEODOSO Drive El Paso, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two units: one with 2 bedrooms and 1 bathroom; the other with 1 bedroom and 1 bathroom; 1,975 square feet on a 0.14‑acre lot; R4 zoning
