$290,000
●
House -
Off Market
1399 Adabel Drive
El Paso, TX 79936
4 Beds
1 Bath,
1
Half Bath
$1,852
Est. Monthly
6.09%
Cap Rate
About This Property
Location, Location, Location! Make your way to this
sought-after subdivision and experience everything this home
has to offer! As soon as you drive up, you will admire the half
circle drive way and the welcoming double doors. This home is 2,328
square feet and sits on a 9,718 square foot corner lot overseeing
the city lights from the back yard and the primary bedroom balcony,
just makes it even more desirable! Downstairs you will find a quite
spacious living room with high ceilings and exposed wood beams,
formal dining room with wooden panels, breakfast area next to the
kitchen facing the backyard, a half bathroom and 1 bedroom tucked
in the back corner .There are 3 bedrooms upstairs, including the
primary bedroom. RECENTLY REMODELED PRIMARY BATHROOM, painted
inside, remodeled kitchen. Don't miss out on this gem!!
Unit Size
-
Days on Market
60 days
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$378
HOA Dues
-
Year Built
1982
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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 #887550)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by Diligent Real Estate Group | $299,950 | |
| Listed by Diligent Real Estate Group | |||
| Oct 7, 2016 | Sold | ||
| Sold | |||
| Mar 17, 2016 | Listed by Real Estate Consulting Firm | $192,000 | |
| Listed by Real Estate Consulting Firm | |||
| | |||
|
Spacious lot & Near I-10 /Tinsletown , on a quiet street house ROOF covering replaced 6-2016, house is all freshly painted and new 16'' tile in all downstairs, carpet in bedrooms/4th bedrm - downstairs/maids/office with closet/2.5 BATHS,live in room, with wet bar/ Boobl shelves, high ceilngs, separate dining room has new light fixture, ,KITCHEN W/BREAKFAST bar and AREA ,2 Pantries,includes all Kitchen APPLIANCES, Master upstairs /walk in closet with huge balcony to enjoy views, Master bath 2 sink vanity /shower,Laundry room with door to outside, back yard has spacious tiled covered Patio, & stamped concrete on the side, Planters all around the house, and half moon driveway, 2 CAR garage painted floor in garage.
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Las Palmas
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Abner Escobar, Diligent Real Estate Group
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 887550
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# 887550
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