Expand your real estate portfolio with this established multifamily asset located at 427 Emerson St. Designed for straightforward management, this property features four distinct units, each offering a functional one-bedroom, one-bathroom layout. A major advantage for any buyer is the property's current status: it is 100% occupied with active leases in place, ensuring you inherit a fully leased property from day one without the immediate need to market vacancies or find new tenants. The location offers excellent day-to-day convenience for residents, sitting directly within the Ysleta Independent School District and providing close proximity to nearby elementary, middle, and high schools. This quadplex represents a solid multi-unit asset for investors seeking a fully leased property with long-term rental potential. Whether you are looking to grow an existing portfolio or acquire an established multi-family asset in the El Paso area, this property delivers a practical layout and immediate operational stability
Pending
$245,000
427 Emerson St, El Paso, TX 79915
--beds
0baths
2,070sqft
Quadruplex
Built in 1948
-- sqft lot
$240,400 Zestimate®
$118/sqft
$-- HOA
What's special
Practical layoutFunctional one-bedroom one-bathroom layout
- 45 days
- 43
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Cristian Anibal Olague 0737250 915-345-4379,
Cap Rate Real Estate Group
Source: GEPAR,MLS#: 947843
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Cooling
- Evaporative Cooling
Appliances
- Included: Gas Cooktop
Interior area
- Total structure area: 2,070
- Total interior livable area: 2,070 sqft
Video & virtual tour
Property
Parking
- Parking features: Unassigned
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: N44299900708200
- Zoning: C2
- Special conditions: None,Verify Flood Insurance
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Stucco
- Roof: Composition,Shingle
Condition
- Year built: 1948
Utilities & green energy
- Water: City
- Utilities for property: All Utilities
Community & HOA
Community
- Subdivision: North Loop Gardens
Location
- Region: El Paso
Financial & listing details
- Price per square foot: $118/sqft
- Tax assessed value: $221,429
- Annual tax amount: $6,119
- Date on market: 7/17/2026
- Cumulative days on market: 47 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$240,400
$228,000 - $252,000
$988/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Pending sale | $245,000$118/sqft |
Source: | ||
| 7/17/2026 | Listed for sale | $245,000$118/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,119 +13.3% | $221,429 +12.6% |
| 2024 | $5,400 +9.1% | $196,621 +15.7% |
| 2023 | $4,948 -5.5% | $170,000 |
| 2022 | $5,237 +80% | $170,000 +83.8% |
| 2021 | $2,910 +4.2% | $92,469 +7.6% |
| 2020 | $2,793 +2.9% | $85,937 |
| 2019 | $2,714 +0.6% | $85,937 |
| 2018 | $2,697 +2.6% | $85,937 +1.7% |
| 2017 | $2,628 +1.7% | $84,497 |
| 2016 | $2,583 +198.2% | $84,497 +179.1% |
| 2015 | $866 | $30,271 |
| 2014 | $866 | $30,271 |
| 2013 | -- | $30,271 |
| 2012 | -- | $30,271 |
| 2011 | -- | $30,271 |
| 2010 | -- | $30,271 +1.4% |
| 2009 | -- | $29,857 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Santa Lucia
Nearby schools
Schools provided by the listing agent
- Elementary: Northloop
- Middle: Bel Air
- High: Belair
Source: GEPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







