Duplex with Private
For Sale
$265,000
8931 Robert Drive #A & B, El Paso, TX 79904
Both residences feature open living areas, full kitchens, and separate outdoor spaces.
Property Size1,456 SF
Price / SF$182.01
Days on Market13
Property Features for 8931 Robert Drive #A & B
General Information
Standard status
Active
Size
1,456 SF
Property subtype
Multi Family Home
Zoning
A2
Site & Location
Neighborhood
El Paso Central Business Association
Highway Access
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,544
Amenities
private front and back yards
dedicated parking
washer and dryer
Building Details
Building Size
1,456 SF
Year Built
1959
Buildings
1
Stories
1
Units
2
Listing Agency:
El Paso Real Estate Company
Listed By:
Al Jurado · License #0410918
(915) 630-8373
Source:
Elpasorealestateco
Added: Oct 14
Changed: Oct 26
Last Checked: Oct 26 at 3:47AM
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 El Paso Real Estate Company
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Investment Insights
Based on property information with market context.
This duplex contains two residences within 1,456 square feet. Each has two bedrooms, one full bathroom, an open living area, and a kitchen equipped with a refrigerator and range. Washer and dryer are also provided in each unit, and both interiors have been remodeled. The property was built in 1959 and is zoned A2.
Each residence includes a private front yard and back yard, along with dedicated parking. Nearby destinations listed include I-10, Fort Bliss, EPCC Transmountain Campus, schools, shops, restaurants, and parks.
Each residence includes a private front yard and back yard, along with dedicated parking. Nearby destinations listed include I-10, Fort Bliss, EPCC Transmountain Campus, schools, shops, restaurants, and parks.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bathroom
- 1,456 square feet; built in 1959
- Remodeled interiors with open living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,164
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,280
$263.3K
Cap Rate 7%
$188,057
$188.1K
Cap Rate 9%
$146,267
$146.3K
Market Conditions
NOI Build-Up for 1,456 SF
Gross rent
$19.7K $13.56/SF
− Vacancy
−$938 −$0.64/SF
EGI
$18.8K $12.92/SF
− OpEx
−$5.6K −$3.87/SF
NOI
$13.2K $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%
$263,280
Cap Rate 7%
$188,057
Cap Rate 9%
$146,267
Alternative Uses
Best Use
Multifamily LT 5
$188.1K
$164.6K – $219.4K
NOI $13,164 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$173.5K
$151.8K – $202.4K
NOI $12,142 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$365.3K
$319.6K – $426.2K
NOI $25,569 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
148
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 - Both residences feature open living areas, full kitchens, and separate outdoor spaces.
Where is this duplex located?
The property is located at 8931 Robert Drive #A & B El Paso, TX.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; 1,456 square feet; built in 1959; Remodeled interiors with open living areas
