$475,000
●
House -
For Sale
14200 RAINBOW POINT Drive
El Paso, TX 79938
4 Beds
2 Baths
$3,127
Est. Monthly
4.29%
Cap Rate
About This Property
Available now in the Tierra Del Este subdivision is this wonderful
Icon custom home resale that was once a part of the Parade of
homes. This home features a very large primary suite and massive
primary ensuite bathroom retreat with stand alone shower, large
jetted tub, double vanity and true walk-in closet. This home offers
4 bedrooms, 3 bathrooms (including a mini-master), 2510 sqft with
custom lighting, whole-house water softener system and paid off
solar panels. Kitchen has granite counter tops, stainless steel
appliance package, an outdoor kitchen and fireplace as well; all
sitting on a large 10k+ sqft corner lot with no back neighbors.
Don't miss out on this one. With easy access to shopping, dinning,
schools and entertainment it is situated right where you need to
be.
Unit Size
-
Days on Market
59 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$794
HOA Dues
-
Year Built
2010
Listed By
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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: 2 months ago (GEPAR MLS #948811)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2026 | Relisted | $475,000 | |
| Relisted | |||
| Aug 20, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Listed by Home Pros Real Estate Group | $475,000 | |
| Listed by Home Pros Real Estate Group | |||
| Sep 8, 2020 | Sold | ||
| Sold | |||
| Jul 9, 2020 | Listed by ClearView Realty | $350,000 | |
| Listed by ClearView Realty | |||
| | |||
Show More
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Attached, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Double Vanity, Built-in Features, Ceiling Fan(s), Walk-In Closet(s)
Appliances: Convection Oven, Cooktop, Dishwasher, Microwave, Range Hood, Refrigerator
Flooring Type: Tile, Carpet
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Fireplace
Fireplaces: 1
Exterior Details
Security Features: Smoke Detector(s)
Architectural Style: 1 Story
Year Built: 2010
Building Area Total: 2510
Other Structures: Garage(s)
Window Features: Shutters
Construction Materials: Stucco
Patio and Porch Features: Covered
Pool Features: None
Lot Features: Corner Lot
Lot Size Area: 0.23
Lot Size Units: Acres
Lot Size Acres: 0.23
Lot Size Square Feet: 10176
Water Source: Public
Financial Details
Tax Annual Amount: $9,529
Utilities Details
Cooling Type: Ceiling Fan(s), Refrigerated
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None
HOA/Condo/Coop Amenities: None
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 El Paso
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Listed by: Paul Glenn Smith, Home Pros Real Estate Group
Last Updated: 2 months ago
Data Source: GEPAR, MLS# 948811
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: 2 months ago
Data Source: GEPAR, MLS# 948811
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