Three-Bedroom
For Sale
$315,000
Pending
9275 LEONARDO Avenue, El Paso, TX 79907
Residential Income, El Paso, TX
Property Size2,688 SF
Lot Size0.23 Acres
Days on Market188
Property Features for 9275 LEONARDO Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Appliances
Free-Standing Gas Oven, Disposal
Subdivision
North Valumbros
Elementary school
Presa
Middle school
Ysleta
High school
Ysleta
Elementary school district
Ysleta
Middle school district
Ysleta
High school district
Ysleta
Standard status
Pending
APN
N52599900100900
Size
2,688 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
NORTH VALUMBROSA #2 TR 88 (0.23 AC)
Tax Annual Amount
9238
Legal Description
NORTH VALUMBROSA #2 TR 88 (0.23 AC)
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Building Details
Year built
2015
Number of units
2
Flooring type
Tile - Ceramic
Building materials
Stucco
Roof type
Composition, Rolled Hot Mop
Listing Agency:
Jordan Realty
Listed By:
Richard L Jordan
(915) 240-0369
Added: Apr 14
Changed: Oct 13
Last Checked: Oct 18 at 6:06PM
MLS# 942175
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.
Built in 2015, this duplex contains 2,688 square feet on a 0.23-acre lot. The two matching units each include three bedrooms, two bathrooms, a living room with built-in television storage, and a kitchen with a dining area. Ceramic tile flooring, stucco construction, natural-gas forced-air heating, and free-standing gas ovens are among the property features. Both units are occupied under month-to-month leases.
The property is positioned across from a public park with basketball facilities, walking trails, and gazebos. R2 zoning, public sewer service, and a composition and rolled hot-mop roof further define the asset.
The property is positioned across from a public park with basketball facilities, walking trails, and gazebos. R2 zoning, public sewer service, and a composition and rolled hot-mop roof further define the asset.
Key Highlights
- Duplex with 2,688 square feet on a 0.23‑acre lot
- Two matching units, each with 3 bedrooms and 2 bathrooms
- Built in 2015 with stucco construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,303
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,060
$486.1K
Cap Rate 7%
$347,186
$347.2K
Cap Rate 9%
$270,033
$270.0K
Market Conditions
NOI Build-Up for 2,688 SF
Gross rent
$36.4K $13.56/SF
− Vacancy
−$1.7K −$0.64/SF
EGI
$34.7K $12.92/SF
− OpEx
−$10.4K −$3.87/SF
NOI
$24.3K $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%
$486,060
Cap Rate 7%
$347,186
Cap Rate 9%
$270,033
Alternative Uses
Best Use
Multifamily LT 5
$347.2K
$303.8K – $405.1K
NOI $24,303 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$320.2K
$280.2K – $373.6K
NOI $22,416 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$674.4K
$590.1K – $786.8K
NOI $47,205 @ 7.0% cap · market cap 14.99%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
381
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 matching residential units feature spacious interiors, ceramic tile flooring, and month-to-month tenancy.
Where is this duplex located?
The property is located at 9275 LEONARDO Avenue El Paso, TX.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Duplex with 2,688 square feet on a 0.23‑acre lot; Two matching units, each with 3 bedrooms and 2 bathrooms; Built in 2015 with stucco construction
