Renovated Duplex with Rear
953 MALLETT Street El Paso, TX 79907
953 MALLETT Street, El Paso, TX, 79907
$264,000
For Sale
$264,000
MULTI_FAMILY - Other - El Paso, TX
Property Size1,519 SF
Lot Size0.15 Acres
Price / SF$173.80
Days on Market19
Property Features for 953 MALLETT Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1
- Parking features
- Covered, Garage, Driveway
- Window features
- Single Pane Window(s)
- Interior features
- 2+ Living Areas, 2+ Master BR, Ceiling Fan(s), Pantry, Walk-In Closet(s)
- Exterior features
- Walled Front, Walled Backyard, Courtyard, Back Yard Access
- Fencing
- Fenced, Privacy
- Appliances
- Water Heater, Built-In Gas Oven, Microwave
- Standard status
- Active
- APN
- L55399900401500
- Size
- 1,519 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2500
- Tax Description
- 4 LOMA TERRACE #6 REPLAT LOT 3 (6470 SQ FT)
- Tax Annual Amount
- 4746
Utilities
- Sewer type
- Public Sewer
- Heating system
- Solar (Heating), Active Solar, Central
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 1970
- Floors in Building
- 1
- Flooring type
- Vinyl, Carpet, Brick, Tile
- Building materials
- Brick, Concrete, Stucco
- Roof type
- Composition, Shingle
- Architectural style
- Other
- Additional Structures
- Guest House
Listing Agency
Home Pros Real Estate Group
(915) 585-8806
1035 Belvidere St., Suite 200, el paso, TX
Listed by
Jennifer Ceniceros
(915) 979-4070
Added: Jun 29 Checked: Jul 17 at 6:06 pm
MLS# 946785
Listing URL
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.
This renovated duplex includes fresh paint, new carpet, and a brand-new kitchen with modern cabinetry and countertops. The main layout is open and bright, designed for comfortable day-to-day living and entertaining. In addition to the primary living areas, there is a private apartment in the back with its own entrance. A separate flex room with an exterior door and a bathroom adds flexibility for use as a rental, home office, salon, studio, gym, or other small business space.
Set on a fully fenced lot, the property offers yard space along with covered parking. There is also a garage, plus two large storage sheds in the back for additional storage. The listing indicates convenient access to I-10, described as about 1 minute away, with proximity to shopping centers, restaurants, entertainment, hospitals, and Fort Bliss. Zoning is listed as R1.
For buyers or operators seeking a multi-unit setup, this configuration supports multiple living or work arrangements within one property. The private rear apartment can accommodate guests or rental needs, while the flex room provides an additional option for separate use with its own exterior access and bathroom.
Set on a fully fenced lot, the property offers yard space along with covered parking. There is also a garage, plus two large storage sheds in the back for additional storage. The listing indicates convenient access to I-10, described as about 1 minute away, with proximity to shopping centers, restaurants, entertainment, hospitals, and Fort Bliss. Zoning is listed as R1.
For buyers or operators seeking a multi-unit setup, this configuration supports multiple living or work arrangements within one property. The private rear apartment can accommodate guests or rental needs, while the flex room provides an additional option for separate use with its own exterior access and bathroom.
Key Highlights
- 1970 brick/concrete/stucco home with shingle/composition roof and central heating plus active solar/solar heating
- Renovated interior with fresh paint, new carpet, and a brand‑new kitchen with modern cabinetry and countertops
- Flexible layout with 2+ living areas and 2+ primary‑style bedrooms; includes walk‑in closets and pantry
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.6k | $13.56 |
| − Vacancy | −$978 | −$0.64 |
| EGI | $19.6k | $12.92 |
| − OpEx | −$5.9k | −$3.87 |
| NOI | $13.7k | $9.04 |
1,519 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$196.2K
$171.7K – $228.9K
NOI $13,733 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$181.0K
$158.3K – $211.1K
NOI $12,667 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$381.1K
$333.5K – $444.6K
NOI $26,676 @ 7.0% cap · market cap 10.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Renovated duplex with a private rear apartment and additional flex room, offering flexible living and income use options.
Where is this duplex located?
The property is located at 953 MALLETT Street El Paso, TX.
What is the asking price?
The asking price for this property is $264,000.
What are key features of this property?
This property features: 1970 brick/concrete/stucco home with shingle/composition roof and central heating plus active solar/solar heating; Renovated interior with fresh paint, new carpet, and a brand‑new kitchen with modern cabinetry and countertops; Flexible layout with 2+ living areas and 2+ primary‑style bedrooms; includes walk‑in closets and pantry
