$194,000
●
House -
Off Market
10645 OBSIDIAN Street
El Paso, TX 79924
3 Beds
2 Baths
$1,300
Est. Monthly
7.14%
Cap Rate
About This Property
This is a great investment property in the Desert Air Park
subdivision. 3 bedrooms, 2 full baths, a spacious master bedroom
upstairs with walk-in closet, double sink vanity and jetted
tub/shower combo. Home features 1958 sqft of living space with 2
living areas, a large backyard with mountain views, quiet well
established neighborhood, lovely family park close by and just down
the street from Desert Air Elementary. Home has a nice double sided
fireplace to keep both living areas nice and cozy, a large
refrigerated heating/cooling package unit as well and is ready for
you to add your finishing touches to. Don't miss out on this great
home at a very attractive price.
Unit Size
-
Days on Market
77 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$352
HOA Dues
-
Year Built
1994
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (GEPAR MLS #922629)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Home Pros Real Estate Group | $193,000 | |
| Listed by Home Pros Real Estate Group | |||
| Dec 13, 2022 | Sold | ||
| Sold | |||
| Sep 12, 2022 | Listed by Coldwell Banker Apex REALTORS | $165,000 | |
| Listed by Coldwell Banker Apex REALTORS | |||
| | |||
|
This tri-level brick home in Northeast is looking for a new owner! This one needs work but can be made to shine again. Tiled living / dining combination with fireplace. 3 Bedrooms; 2 Baths. Step down to lower level with 2 bedrooms plus bath. Upstairs loft area makes nice office area opens to master with double sinks, jetted tub and walk-in closet. Garage is converted and makes nice large den area. Refrigerated air. Step out to the covered back patio which opens to a spacious yard with storage area and mountain view.
| |||
Property Highlights
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Shearman
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Listed by: Paul Glenn Smith, Home Pros Real Estate Group
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 922629
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.
Listing data is deemed reliable but not guaranteed.
Copyright 2026 the Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 922629
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