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Homestead Meadows South 79938
15050 MARVIN Lane
$32,000
● House - Off Market

15050 MARVIN Lane

El Paso, TX 79938
bedrooms
Studio
bathrooms
0 Bath
$64,688
RealtyHop Estimate
84.82%
Since Mar 1, 2015
National-US
Primary Model

About This Property

3/4 AC. lot for mobile home or to build your home.
Unit Size
-
Days on Market
13 days
Land Size
0.69 acres
Price per sqft
-
Property Type
House
Property Taxes
$42
HOA Dues
-
Year Built
1960

Payment Calculator

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Cap Rate Calculator

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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 #568619)

Price History

Date / Event Date Event Price
Feb 13, 2015 Sold
Premium
Sold
Jan 30, 2015 Listed by Century 21 APD & Associates $35,000
Listed by Century 21 APD & Associates

Property Highlights

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 706
  • Gross Building Area: 706
  • Building Area: 706
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 706
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEERFIELD INDUSTRIAL PARK
  • Standard Land Use Code: 1006
  • County Land Use Code: M5
  • State Land Use Code: M5
  • Mobile Home Indicator: T
  • Legal Description 1: 1960 (EST) PINK 12X48 MOBILE HOME ONLY ON PERSONAL PROPERTY SERIAL #UNK LABEL #UNK

Neighborhood

  • School District Name: Clint Independent School District
  • Census Tract: 010344

Geography

  • Parcel: 19MH-000-1263-3072
  • Latitude: 31.8124
  • Longitude: -106.155

    Address

  • Full Address: 15050 Marvin Ln
  • Address - House Number: 15050
  • Address - Street Name: Marvin
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: El Paso
  • Carrier Code: R080
  • 4-Digit Zip Code: 0508
  • Zip Code: 79938

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $1,468
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: ICL SCC SF

    Appraisal Valuation

  • Standard Deviation: 0.4286
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 14
  • Final Value: 35,949
  • High Value: 51,358
  • Low Value: 20,539

    Market Valuation

  • Market Total Value: $637
  • Market Improvement Value: $637

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $637
  • Assessed Improvements Value: $637
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Homestead Meadows South

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$161

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3479 ft²

Average Home Age

31 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 14341 Ray Juarez Place, El Paso, TX, 79938

$1,200 /mo

  • 3 Beds
  • 1 Bath
14341 Ray Juarez Place #B, El Paso, TX, 79938 Listing by Linda Bastraw

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Ana Contreras, Century 21 APD & Associates
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 568619
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.

Frequently Asked Questions

When was property at 15050 Marvin Lane built and last sold?
The property at 15050 Marvin Lane was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 15050 Marvin Lane is $35,350.
What are some comparable homes to 15050 Marvin Lane?
There are currently no comparable homes to 15050 Marvin Lane.
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