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12281 COSTA BRAVA Place
About This Property
Infill land opportunity on El Paso's booming eastside! This buildable corner lot sits inside the gated Barcelona Estates community, just minutes from the Zaragoza and Montwood corridor. It's perfect for a custom home builder, investor, or buyer ready to design and build from the ground up, with residents enjoying resort-style amenities including a community pool, jacuzzi, and clubhouse/party room, all behind secure gated entry.
The location puts future owners within easy reach of major eastside conveniences. The Zaragoza Road and Montwood Drive corridor offers dense retail and dining just minutes away, including Chico's Tacos, Morra Mia, IHOP, and Aloha Hawaiian BBQ, while nearby Montwood High School (Socorro ISD) and Joe Battle Boulevard's national retailers, hotels, and restaurants add everyday convenience.
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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.
Price History
| Date / Event | Date | Event | Price |
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| Aug 27, 2026 | Listed by Cap Rate Real Estate Group | $111,200 | |
| Listed by Cap Rate Real Estate Group | |||
| Aug 22, 2026 | No longer available | - | |
| No longer available | |||
| May 16, 2026 | Listed by Realty One Group Mendez Burk | $115,000 | |
| Listed by Realty One Group Mendez Burk | |||
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Excellent Investment opportunity in the eastside. Unfinished new construction and buildable land provide excellent opportunities for both custom home builders and investors in El Paso TX. For hands-on buyers or development companies Just minutes from Joe Battle Blvd and Zaragoza- enjoy easy access to shopping, dinning and entertainment. Enjoy resort-tyle ammenities, including a sparkling pool with Jacuzzi and club house/party room. This eastside gem is ready to welcome you!
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| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Jan 29, 2026 | Listed by ClearView Realty | $115,000 | |
| Listed by ClearView Realty | |||
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Investors & Builders! Opportunity to purchase and complete this unfinished home in the frame stage, situated on a desirable corner lot. Located in the Barcelona Gated Community Estates, this property offers a prime location close to shopping centers, hospitals, restaurants, and more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017