$249,000
●
House -
Off Market
11440 MENLO Avenue
El Paso, TX 79936
4 Beds
3 Baths
$309,625
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
This beautifully updated multi building property is located in the
heart of the eastside and minutes away from both 375 and Global
Reach. It's elegant interior includes completely remodeled
bathrooms, fresh 2-tone paint, professionally installed floors and
energy efficient exterior doors and windows to compliment it's
recently installed refrigeration unit. But don't let these upgrades
distract you from the 30 year shingled roof installed at the
beginning of October 2020 or the endless pool/jacuzzi in the back
yard! Have we mentioned the stand alone 665 sq ft guest house
complete with living area, kitchen, bedroom and full bath? Or the
detached mini garage with half bath!? As you can tell this is a
unique property with a lot to offer and needs an eyes on viewing to
appreciate it's true value. After viewing you'll realize
there are possibilities in a home you didn't know you'd love!
Unit Size
-
Days on Market
170 days
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$564
HOA Dues
-
Year Built
1994
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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 #835403)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2021 | Sold | ||
| Sold | |||
| Oct 9, 2020 | Listed by MRG REALTY LLC | $249,000 | |
| Listed by MRG REALTY LLC | |||
| Jul 13, 2018 | Sold | ||
| Sold | |||
| Apr 20, 2018 | Listed by ClearView Realty | $194,900 | |
| Listed by ClearView Realty | |||
| | |||
|
This house is a steal!! Lovely 2 story home, PLUS a guest house gated all around located in a well established neighborhood on the Eastside of El Paso. Main home features over 1900 sq ft 2 bedrooms upstairs and 2 bedrooms downstairs along with a formal living area and a Den. The guest house is perfect for an in-law, a college student, or even an investment. House is over 650 sq ft. 1 bed, 1 bath, living room and kitchen with a small dining place. This beauty sits on a 10,000+ sq foot lot with an exterior bath and a tool shed and still plenty of room for your summer gatherings.
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Indian Ridge East
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Listed by: Isaac J Olmos, MRG REALTY LLC
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 835403
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# 835403
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