For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
El Paso 79934
12040 MESQUITE RIVER Drive
$292,777
● House - Off Market

12040 MESQUITE RIVER Drive

El Paso, TX 79934
bedrooms
5 Beds
bathrooms
3 Baths
$2,133
Est. Monthly
7.37%
Cap Rate

About This Property

This beautiful, like new home is ready to call your own. This home has it all! With four bedrooms and two full bathrooms upstairs and another bedroom or office and a third full bathroom downstairs, this home can fit every family. The finishes are beautiful throughout and gorgeous natural light beaming from every angle. And the outdoor space is ready for all of your family gatherings, no backyard neighbors! Schedule your tour today!
Unit Size
-
Days on Market
36 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$684
HOA Dues
-
Year Built
2019

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #901211)

Price History

Date / Event Date Event Price
Jun 13, 2024 Sold
Premium
Sold
May 18, 2024 In contract -
In contract
May 8, 2024 Listed by DEN Property Group $295,000
Listed by DEN Property Group

Property Highlights

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 6
  • Roof Cover Type: 16
  • Floor Count: 200
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,320
  • Total Building Area: 2,518
  • Gross Building Area: 2,658
  • Building Area: 2,138
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 4
  • Heated Square Feet: 2,138
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MESQUITE HILLS #8
  • Land Acres: 0000000122
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: BLK 47 MESQUITE HILLS #8 LOT 11

Neighborhood

  • School District Name: Ysleta Independent School District
  • Census Tract: 010224

Geography

  • Parcel: M395-999-0470-1100
  • Block: 47
  • Lot: 11
  • Municipality: CITY OF EL PASO
  • Latitude: 31.9576
  • Longitude: -106.375

    Address

  • Full Address: 12040 Mesquite River Dr
  • Address - House Number: 12040
  • Address - Street Name: Mesquite River
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: El Paso
  • Carrier Code: C080
  • 4-Digit Zip Code: 2234
  • Zip Code: 79934

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $562,673
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 75
  • Final Value: 277,140
  • High Value: 328,949
  • Low Value: 225,330

    Market Valuation

  • Market Total Value: $261,860
  • Market Land Value: $29,578
  • Market Improvement Value: $232,282

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,844

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 02, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 20210032874
  • Previous Sale Recording Date: Dec 26, 2019
  • Previous Sale Contract Date: Dec 17, 2019
  • Previous Sale Amount: $209,900
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About El Paso

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$157

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1853 ft²

Average Home Age

37 years

Currently For Sale

1203 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7421 Rio Rimac Drive, El Paso, TX, 79934

$2,300 /mo

  • 4 Beds
  • 2 Baths
  • 2,098 ft²
7421 Rio Rimac Drive, El Paso, TX, 79934 Listing by Ricardo Corona

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Scarlett Mercer, DEN Property Group
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 901211
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.

Frequently Asked Questions

When was property at 12040 Mesquite River built and last sold?
The property at 12040 Mesquite River was built in 2019 and last sold on Apr 2, 2021 for $209,900.
How much is this home worth?
The estimated value of the home located at 12040 Mesquite River is $0.
What are some comparable homes to 12040 Mesquite River?
There are currently no comparable homes to 12040 Mesquite River.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
El Paso Homes for Sale
El Paso Houses for Sale
El Paso Condos for Sale
El Paso Townhouses for Sale
El Paso Multifamily for Sale
El Paso Land for Sale
El Paso Commercial for Sale
El Paso Homes with Basements
Nearby Cities
Las Cruces Homes for Sale
Horizon City Homes for Sale
Socorro Homes for Sale
Sunland Park Homes for Sale
Homestead Meadows North Homes for Sale
Santa Teresa Homes for Sale
Chaparral Homes for Sale
San Elizario Homes for Sale
Nearby Property Records
El Paso County, TX Property Records
Dona Ana County, NM Property Records
Hudspeth County, TX Property Records
Otero County, NM Property Records
Luna County, NM Property Records
Sierra County, NM Property Records
Culberson County, TX Property Records
Eddy County, NM Property Records
Neighborhoods
Eastview Real Estate
Kohlberg Real Estate
Bear Ridge Real Estate
Chaparral Park North Real Estate
High Ridge Real Estate
Ranchos del Sol Real Estate
Valley Creek North Real Estate
Thunderbird Real Estate
Nearby Counties
El Paso East Homes for Sale
El Paso Northwest Homes for Sale
Dona Ana Homes for Sale
El Paso North Central Homes for Sale
Top Real Estate Agents
Top Agents in El Paso Northwest
Top Agents in El Paso
Top Agents in El Paso East
Top Agents in El Paso Northwest
Top Agents in 79938
Top Agents in 79928
Top Agents in 79912
Top Agents in 79936