$210,000
●
House -
Off Market
14044 RAINBOW POINT Drive
El Paso, TX 79938
3 Beds
2 Baths
$261,130
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model
About This Property
Impeccably maintained one owner home. Home backs up to Soccer park.
Rock landscaping front; grass & apple tree in back with
sprinkler system. Entry wrought iron to courtyard to double doors
into home. Tile flooring thru out. Wood shutters on most windows.
Extensive use of recessed lighting. Living room has corner
fireplace with built in shelves & ceiling fan. Roof re-coated
November 2020. 2 car garage with opener. Epoxy paint on garage
floor & driveway stain coating done December 2020. 2 STEPS UP
ELEVATED KITCHEN has 4 teardrop lights over breakfast bar, granite
counter top; stainless steel refrigerator, gas stove, microwave
hood & dishwasher. Washer & dryer stay. Master bedroom has crown
moulding & ceiling fan. Master bath has double sinks with granite
counters, corner jetted tub, separate shower, commode room &
walk-in closet. Bedrooms #2 & #3 have ceiling fans. Linen closet in
hall by full bath. Covered patio with sink & grill on gas line. Gym
quality Elliptical exercise machine for sale $1300 (paid $3300
Unit Size
-
Days on Market
80 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$452
HOA Dues
-
Year Built
-
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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 #838927)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 20, 2021 | Sold | ||
| Sold | |||
| Dec 28, 2020 | Listed by Century 21 The Edge | $210,000 | |
| Listed by Century 21 The Edge | |||
| Apr 11, 2012 | Sold | ||
| Sold | |||
| Apr 4, 2011 | Listed by ERA Sellers & Buyers Real Esta | $183,500 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
| | |||
|
AN UPSCALE CUSTOM HOME AT AN AFFORDABLE PRICE WITH EXCEPTIONAL QUALITY. LUXURIOUS CABINETRY, GRANITE COUNTER TOPS THROUGHOUT, 8' DESIGNER FRONT DOOR, ROUNDED CORNERS, CROWN MOLDING, S.S. APPLIANCES W/SIDE BY SIDE REFRIGERATOR & MICRO HOOD. REFRIGERATED AIR IN ALL HOMES PLUS ENERGY STAR CERTIFIED. Model: Lincoln
| |||
Property Highlights
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About El Paso
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Listed by: Jennifer Stroh Viescas, Century 21 The Edge
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 838927
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# 838927
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