$515,000
●
House -
Off Market
1254 Franklin Jay Lane
El Paso, TX 79912
3 Beds
2 Baths,
1
Half Bath
$3,677
Est. Monthly
1.52%
Cap Rate
About This Property
This stunning 1-story home is nestled in a peaceful cul-de-sac on
the west side of the Franklin Mountains. The property features
spacious formal living and dining areas, perfect for entertaining
guests or relaxing with family. The dream chef's kitchen offers
ample cabinet and counter space, making meal prep a breeze. With 3
bedrooms and 2.5 baths, this home provides comfortable living space
for the whole family. The beautiful, low-maintenance yard features
lush turf and breathtaking views of the surrounding Franklin
Mountains, adding a touch of natural beauty to this exceptional
property. The outdoor space is a highlight, boasting a pergola with
an outdoor kitchen and a one-of-a-kind, huge patio that is perfect
for al fresco dining and outdoor relaxation. This tranquil
cul-de-sac location is ideal for those who enjoy outdoor living and
quiet surroundings. Contact us today to schedule a viewing!
Unit Size
-
Days on Market
53 days
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,148
HOA Dues
-
Year Built
2006
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 #901290)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 2, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by The Real Estate Agency | $515,000 | |
| Listed by The Real Estate Agency | |||
| Sep 12, 2016 | Sold | ||
| Sold | |||
| Aug 11, 2016 | Listed by Coldwell Banker Legacy | $320,000 | |
| Listed by Coldwell Banker Legacy | |||
| | |||
|
This beautifully remodeled home begins with lovely front landscaping. The grand entrance hall boasts inlaid mosaic tile accents in the floor & a lighted display niche for a special art piece. Formal dining & living spaces have gleaming hardwood floors & tray ceilings. A wet bar is centrally located for easy entertaining. The eat-in kitchen enjoys miles of countertops with an undermount sink & an extra prep sink in the center island. A gas cooktop, double wall ovens, a pantry, & a long elevated breakfast bar illuminated by a quartet of charming pendant fixtures round out the kitchen's special features. The open floor plan flows into a family room with a corner fireplace & a wall of built-ins. 3 bedrooms & 2.5 baths include a master suite with separate sitting area, fabulous bath with jetted tub & separate shower, & a dressing area. Other bedrooms have cozy seats in bay windows. Covered patio, outdoor kitchen, & sit-down firepit all on a cul de sac lot with glorious mountain views.
| |||
| Jun 17, 2014 | Sold | ||
| Sold | |||
Show More
Property Highlights
Fireplace
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 Bear Ridge
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Lizy Moreno, The Real Estate Agency
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 901290
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# 901290
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017