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    14940 Whitetail Deer Dr El Paso, TX 79938

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    14940 Whitetail Deer Dr El Paso, TX 79938

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    • Apartment buildings
    • 9,299 SF
    • 0.41 lot acres
    For Sale
    $480,000
    View Listing →
    El Paso Multifamily Opportunity For Sale
    $480,000
    9,299 SF

    El Paso Multifamily Opportunity

    Multifamily property for sale in El Paso, Texas.

    14940 WHITETAIL DEER Drive, El Paso, TX 79938
    View Listing
    Property ID
    US82-9601362
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 14940 Whitetail Deer Dr

    Year built
    1989
    Lot size
    0.41 lot acres
    Property size
    9,299 SF
    Property type
    Apartment buildings
    APN
    D322-000-0040-0300
    APU
    D32200000400300

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,690,000
      6.5%
      $1,560,000
      7%
      $1,445,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,603,000
      Market price range: $1.60M - $2.56M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.16
    Latitude
    31.8044
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $4,258
    $20,181
    $541,276
    $561,457
    -
    $20,181
    $541,276
    $561,457

    Comparable in this City

    • Value Estimation by Request
      5.00 Acres

      Tierra Este Rd

      Land • 5.00 Acres
      0 Tierra Este Rd, El Paso, TX 79938
      View Details
    • Value Estimation by Request
      40.00 Acres

      4683 Araceli Ave

      Farms • 40.00 Acres
      4683 Araceli Ave, El Paso, TX 79938
      View Details
    • Value Estimation by Request
      39,712 SF

      3260 Zaragoza Rd

      Restaurants • 39,712 SF
      3260 Zaragoza Rd, El Paso, TX 79938
      View Details
    • Value Estimation by Request
      1.12 Acres

      Montana & Krag

      Land • 1.12 Acres
      0 Montana & Krag, El Paso, TX 79938
      View Details
    • Value Estimation by Request
      4,000 SF

      16311 Montana Ave

      Distribution properties • 4,000 SF
      16311 Montana Ave, El Paso, TX 79938
      View Details
    • Value Estimation by Request
      0.34 Acres

      4448 Stagecoach Dr

      VACANT COMMERCIAL LAND • 0.34 Acres
      4448 Stagecoach Dr, El Paso, TX 79938-8857
      View Details

    Similar Nearby for Sale

    • $480,000
      0.41 Acres

      El Paso Multifamily Investment

      Five-unit property with expansion potential in El Paso, Texas.
      14940 Whitetail Deer Dr, El Paso, TX 79938
      View Details
    • $480,000
      9,299 SF

      El Paso Multifamily Opportunity

      Multifamily property for sale in El Paso, Texas.
      14940 Whitetail Deer Dr, El Paso, TX 79938
      View Details
    • $610,000
      4,010 SF

      El Paso Multifamily Investment Opportunity

      Multifamily property with significant potential in El Paso, Texas.
      14552 Bradley Rd, El Paso, TX 79938
      View Details
    • New
      $695,000
      6,250 SF

      Multifamily Opportunity in El Paso

      Value-add multifamily property on 1.74 acres near Montana Ave.
      14573-B Van Fleet Rd, El Paso, TX 79938
      View Details
    • New
      $255,000
      3,787 SF

      Spacious Duplex on Oversized Lot

      Duplex with 7 bedrooms, 3 baths, on 21,780 sq ft lot.
      14421 Hovland Ln, El Paso, TX 79938
      View Details
    • New
      $695,000
      6,250 SF

      Multifamily Opportunity in El Paso

      Value-add multifamily property with renovation and redevelopment potential.
      14573-B Van Fleet Rd, El Paso, TX 79938
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Montana Avenue Warehouse Space Available

      Two warehouses on 4.5 acres with highway frontage.
      12933 Montana Ave, El Paso, TX 79938
      View Details
    • Contact for pricing
      1,250 SF

      Retail Space in El Paso

      Retail space available for lease in El Paso, Texas.
      12703 Montana Ave, El Paso, TX 79938
      View Details
    • Contact for pricing
      1,440 SF

      Commercial Space Available for Rent

      Commercial property with 1440 square feet available for rent.
      14500 Pebble Hills Blvd, El Paso, TX 79938
      View Details
    • $2.00 SF/Yr
      31,799 SF

      El Paso Land For Lease

      0.73 acre commercial land for lease in El Paso.
      3570 Rich Beem C Blvd, El Paso, TX 79938
      View Details
    • $27 SF/Yr
      48,352 SF

      High-Traffic Retail Space Available

      Prime retail suites in high-visibility, high-traffic El Paso location.
      14500 Pebble Hills Blvd, El Paso, TX 79938
      View Details
    • $21 SF/Yr
      468,270 SF

      Premier El Paso Shopping Center

      High-visibility shopping center with flexible suites and pad sites.
      12311 Montana Ave, El Paso, TX 79938
      View Details
    View Listing
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    El Paso, TX 79938
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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