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New Construction Duplex
New
For Sale
$320,000

9088 GERANIUM Drive, El Paso, TX 79907

Residential Income, El Paso, TX

Property Size2,000 SF
Lot Size0.14 Acres
Price / SF$160
Days on Market1

Property Features for 9088 GERANIUM Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning R3
Parking 4
Appliances Range Hood, Gas Water Heater, Fan Hood, Exhaust Fan
Subdivision Pecan Grove
Elementary school Del Valle
Middle school Del Valle
High school Delvalle
Elementary school district Ysleta
Middle school district Ysleta
High school district Ysleta
Standard status Active
APN P65699900100500
Size 2,000 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 1 PECAN GROVE LOT 3 (6000 SQ FT)
Tax Annual Amount 900
Legal Description 1 PECAN GROVE LOT 3 (6000 SQ FT)

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air

Amenities

granite kitchen countertops
perimeter rock wall

Building Details

Year built 2026
Floors in Building 1
Number of units 2
Building materials Stucco
Roof type Shingle
Buildings 1
Listing Agency: Realty One Group Mendez Burk
Listed By: Luis F. Contreras · License #0689257
Added: Oct 30 Last Checked: Oct 30 at 3:06PM
MLS# 953615

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.

Rey
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Investment Insights

Based on property information with market context.

This duplex is under construction with 2,000 square feet of building area on a 6,000-square-foot lot. The two-unit property includes four bedrooms and four bathrooms in total, open layouts, and high ceilings in the living and dining areas. Kitchen countertops are granite, and the building has central heating, central air conditioning, stucco construction, and a shingle roof. A perimeter rock wall surrounds the property, and a 10-year structural warranty is included.

Located in El Paso, the property is zoned R3 and served by public sewer. Construction is scheduled for 2026.

Key Highlights

  • 2,000 square feet of building area on a 6,000‑square‑foot lot
  • Two‑unit duplex with 4 bedrooms and 4 bathrooms total
  • Under construction; year built listed as 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,082
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,640 $361.6K
Cap Rate 7%
$258,314 $258.3K
Cap Rate 9%
$200,911 $200.9K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$27.1K $13.56/SF
− Vacancy
−$1.3K −$0.64/SF
EGI
$25.8K $12.92/SF
− OpEx
−$7.7K −$3.87/SF
NOI
$18.1K $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%
$361,640
Cap Rate 7%
$258,314
Cap Rate 9%
$200,911

Alternative Uses

Best Use
Multifamily LT 5
$258.3K
$226.0K – $301.4K (±1% cap)
NOI $18,082 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$238.3K
$208.5K – $278.0K (±1% cap)
NOI $16,678 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$501.8K
$439.0K – $585.4K (±1% cap)
NOI $35,123 @ 7.0% cap · market cap 10.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

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
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences provide a four-bedroom, four-bathroom configuration with modern interior features.
Where is this duplex located?
The property is located at 9088 GERANIUM Drive El Paso, TX.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 2,000 square feet of building area on a 6,000‑square‑foot lot; Two‑unit duplex with 4 bedrooms and 4 bathrooms total; Under construction; year built listed as 2026
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