$264,000
●
House -
Off Market
1420 Melania Martinez Drive
El Paso, TX 79928
3 Beds
2 Baths,
1
Half Bath
$277,185
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Beautiful home that includes solar panels located in the popular
subdivision of Mesquite Trails! Come see this beautiful home in a
peaceful, family friendly neighborhood . Located within minutes
from multiple shopping centers, restaurants, theaters, hospitals,
and schools. This immaculate home features a master bedroom with
master bathroom, Jack and Jill bedrooms with a full bathroom, 1
half bath perfect for entertaining and those get-togethers. This
relaxing home features solar panels, refrigerated air, granite
countertops, large master with amazing master bath, kitchen island,
open concept kitchen, designated coffee area, large walk-in pantry,
and much more!
Unit Size
-
Days on Market
50 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$649
HOA Dues
-
Year Built
2019
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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 #866313)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 17, 2025 | In contract | - | |
| In contract | |||
| Aug 9, 2025 | Listed by Home Pros Real Estate Group | $299,950 | |
| Listed by Home Pros Real Estate Group | |||
   | |||
|
A 3 bedroom, 2.5 bath home in East El Paso just hit the market - and it's got paid-off solar panels (bye-bye high electric bills 🙌).
The entryway and hallway are extra wide, so it feels open the moment you walk in. Perfect for hosting, decorating, or just making the space feel huge.
Here's the best part: Owner financing is available, and there's NO credit check. Just $30K down and you could be moving in.
| |||
| Oct 17, 2022 | Sold | ||
| Sold | |||
| Jul 11, 2022 | Listed by Dew Real Estate | $264,899 | |
| Listed by Dew Real Estate | |||
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Property Highlights
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About El Paso
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Listed by: Peter Diaz, Dew Real Estate
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 866313
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# 866313
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