$569,000
●
House -
Off Market
1243 FRANKLIN JAY Lane
El Paso, TX 79912
5 Beds
4 Baths
$760,863
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model
About This Property
From the lush courtyard secret garden entry to the swimming pool
and summer kitchen in the backyard, this home offers a great
lifestyle for an active owner. Truly room for everyone! The
beautiful courtyard with the Koi pond and bridge introduce a well
maintained and versatile home with a living & dining combo,
separate office or study (now used as exercise room), One
bedroom down (lego rm now) and full bath. Spacious granite
topped kitchen, lots of cabinetry, breakfast area and bar, tiled
family room with fireplace and adjoining wet bar, utility room.
Upstairs to a spacious landing, supersized master bedroom
with balcony access, luxe bath and walk in closets, one bedroom
with private bath, two other bedrooms with jack and jill bath, all
spacious and large closets. Outdoor area has a pool and spa,
pool bath and room in separate house. Cook dinner while
enjoying the outdoors and pool. View lot, quiet cul de sac
location.
Unit Size
-
Days on Market
55 days
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,215
HOA Dues
-
Year Built
2006
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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 #832995)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2025 | Sold | ||
| Sold | |||
| Oct 12, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Listed by Cornerstone Realty | $729,000 | |
| Listed by Cornerstone Realty | |||
   | |||
|
Stunning 5 bed, 5 bath home nestled near the foothills of the Franklin Mountains. Enter through a private courtyard into soaring ceilings and an open living space and dining area. The family room flows seamlessly into the kitchen, perfect for entertaining and everyday living. Downstairs includes an office and a guest room currently used as a theater. Step outside to a resort-style backyard featuring a pool, hot tub, outdoor kitchen, and full outdoor bathroom. Upstairs, the spacious primary suite offers a remodeled bath with custom cabinetry and a large balcony with sunset views. One bedroom has its own en-suite, while bedrooms 3 & 4 share a Jack & Jill bath. A perfect blend of luxury and functionality.
| |||
| Oct 20, 2020 | Sold | ||
| Sold | |||
| Aug 26, 2020 | Listed by Sandy Messer And Associates | $569,000 | |
| Listed by Sandy Messer And Associates | |||
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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 Bear Ridge
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Listed by: Sandy Messer, Sandy Messer And Associates
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 832995
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# 832995
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