$252,000
●
House -
Off Market
11541 MEREJILDO MADRID Street
El Paso, TX 79934
3 Beds
2 Baths,
1
Half Bath
$1,848
Est. Monthly
4.22%
Cap Rate
About This Property
Welcome to your dream home at 11541 Merejildo Madrid, nestled in
the picturesque Sandstone Ranch community. This enchanting property
offers a blend of elegance, comfort, and modern living that is sure
to captivate you. Key features includes open concept kitchen. Step
into a spacious, open kitchen equipped with all modern appliances,
including refrigerator. Whether you're a culinary enthusiast or
just love to entertain, this kitchen is perfect for both everyday
living and special occasions. The spiral staircase leads you to all
the bedrooms, creating a captivating focal point within the home.
Upstairs, you'll find a convenient utility room that streamlines
your daily chores and adds an extra layer of practicality to your
living space. The master bathroom is a true sanctuary with a jetted
soaking tub and a walk-in shower. The mountain views from the
master and backyard are breathtaking. With no neighbors behind, you
can really take in and appreciate nature's beauty.
Unit Size
-
Days on Market
96 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$621
HOA Dues
-
Year Built
2012
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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 #887852)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2023 | Sold | ||
| Sold | |||
| Sep 6, 2023 | Listed by REAL Broker LLC | $249,900 | |
| Listed by REAL Broker LLC | |||
| Dec 14, 2018 | Sold | ||
| Sold | |||
| Oct 4, 2018 | Listed by Keller Williams Realty | $183,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Don't miss out on this spacious 3 bedroom 2.5 bathroom home nestled in the back of Sandstone Ranch Estates with no neighbors behind! The gorgeous spiral staircase leads into the open living and kitchen area. There is plenty of space for cooking and entertaining with a huge island in the kitchen and a private office area. The master bedroom and bathroom have a walk in closet with double vanities and jetted tub. The custom landscaped backyard has a three zone dip system, one for the trees and two for the lawn. come see it today.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About El Paso
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Listed by: Evan Ferris Karam, REAL Broker LLC
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 887852
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# 887852
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