$505,000
●
House -
Off Market
1109 MADELINE Drive
El Paso, TX 79902
4 Beds
1 Bath
$3,039
Est. Monthly
3.53%
Cap Rate
About This Property
Don't miss out on this amazing home in the heart of Kern, 2 blocks
from Madeline Park! From the inviting front porch to the bright &
open floor plan, this home is great for every day living &
entertaining! Beautifully remodeled w/ refinished hardwood floors
thru-out and loaded w/ charm! Attractive open concept kitchen
features quartz counter tops, SS appliances and a spacious pantry.
Primary bedroom w/ exquisitely remodeled ensuite bath w/ heated
floors and custom walk-in closet. 2 additional flex spaces can be
used as an office, workout room, additional living room. Numerous
updates including HVAC. BONUS GUEST HOUSE, perfect for additional
living area or in-law quarters (included in sq ft). Enjoy the
beautiful back deck & yard as summer winds down & year around!
Walking distance to area restaurants, grocery store, 2 pharmacies,
UTEP, Billy Rogers Arroyo Park, Palisades Canyon hiking trail, El
Paso Tennis Club & Swimming Club! Washer, Dryer & Refrigerator
included. Super long driveway leading to 1 car garage
Unit Size
-
Days on Market
93 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$510
HOA Dues
-
Year Built
1936
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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 #888288)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Sep 13, 2023 | Listed by Dream Work Realty | $515,000 | |
| Listed by Dream Work Realty | |||
| Aug 31, 2023 | Listed by Dream Work Realty | $598,000 | |
| Listed by Dream Work Realty | |||
| | |||
|
Perfectly situated in the heart of Kern, 2 blocks from Madeline Park! From the inviting front porch to the bright and open floor plan, this home is great for every day living and entertaining! Beautifully remodeled w/ refinished hardwood floors thru-out and loaded w/ charm! Attractive open concept kitchen features quartz counter tops, SS appliances and a spacious pantry. Primary bedroom w/ exquisitely remodeled ensuite bath w/ heated floors and custom walk-in closet. 2 additional flex spaces can be used as an office, workout room, additional living room. Numerous updates including HVAC. BONUS GUEST HOUSE, perfect for additional living area or in-law quarters (included in sq ft). Enjoy the beautiful back deck & yard as summer winds down & year around! Walking distance to area restaurants, grocery store, 2 pharmacies, UTEP, Billy Rogers Arroyo Park, Palisades Canyon hiking trail, El Paso Tennis Club & Swimming Club! Washer, Dryer & Refrigerator included. Exceptionally long driveway leading to 1 car garage!
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
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Sold On
HOA + Taxes
About Kern Place
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Listed by: Brenda Rogers, Dream Work Realty
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 888288
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# 888288
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