18
Map
$65,000
●
Land -
Off Market
Undisclosed Address
El Paso, TX 79938
Studio
0 Bath
$320
Est. Monthly
About This Property
Buildable Lot in Gated Barcelona Estates -- 12283 Costa Brava
Place, El Paso, TX 79938
Build your dream home on this vacant, buildable lot in the gated Barcelona Estates community on El Paso's desirable eastside. Situated just minutes from Joe Battle Boulevard and Zaragoza, this lot offers a rare blank-slate opportunity for a custom home buyer, builder, or investor looking to design from the ground up in an established, well-maintained subdivision.
The location puts future homeowners within easy reach of major eastside conveniences, with big-box retailers like Home Depot, Target, JC Penney, and Sprouts, plus the Las Palmas Shopping Center, all just 5 to 15 minutes away. Nearby Montwood High School (Socorro ISD) and Joe Battle Boulevard's dense mix of restaurants, hotels, and national chains add everyday convenience, while quick access to Loop 375 and I-10 connects the property to the rest of the metro.
Build your dream home on this vacant, buildable lot in the gated Barcelona Estates community on El Paso's desirable eastside. Situated just minutes from Joe Battle Boulevard and Zaragoza, this lot offers a rare blank-slate opportunity for a custom home buyer, builder, or investor looking to design from the ground up in an established, well-maintained subdivision.
The location puts future homeowners within easy reach of major eastside conveniences, with big-box retailers like Home Depot, Target, JC Penney, and Sprouts, plus the Las Palmas Shopping Center, all just 5 to 15 minutes away. Nearby Montwood High School (Socorro ISD) and Joe Battle Boulevard's dense mix of restaurants, hotels, and national chains add everyday convenience, while quick access to Loop 375 and I-10 connects the property to the rest of the metro.
Unit Size
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Land Size
0.05 acres
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Land
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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: 3 days ago (GEPAR MLS #950096)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Aug 27, 2026 | Listed by Cap Rate Real Estate Group | $65,000 | |
| Listed by Cap Rate Real Estate Group | |||
| Jun 26, 2026 | No longer available | - | |
| No longer available | |||
| Apr 28, 2026 | Listed by Realty One Group Mendez Burk | $65,000 | |
| Listed by Realty One Group Mendez Burk | |||
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OWNER FINANCE OPPORTUNITY- A DIFFERENT PATH OF HOMEOWNERSHIP!! Welcome to eastside living at its best. This residential lot is located in a well-established, beautifully maintained community on el Paso's East Side. Just minutes from Joe Battle Blvd and Zaragoza - enjoy easy access to shopping, dinning and entertainment. Enjoy resort- style amenities, including a sparkling community pool with jacuzzi and club house/party room. Experience the perfect blend of comfort and convenience in this residential lot. This Eastside gem is ready to welcome you!
| |||
| Sep 4, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Sun Ridge North
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Listed by: Anibal Olague, Cap Rate Real Estate Group
Last Updated: 3 days ago
Data Source: GEPAR, MLS# 950096
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: 3 days ago
Data Source: GEPAR, MLS# 950096
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