$310,000
●
House -
Off Market
1621 RAYADO CREEK Lane
El Paso, TX 79911
3 Beds
3 Baths
$2,390
Est. Monthly
$125
HOA / Fees
4.31%
Cap Rate
About This Property
Awesome and appealing single level home in the Falls at Cimarron, a
highly desirable subdivision with an abundance of neighborhood
parks, walking paths and exceptional convenience to shopping,
retail stores, restaurants and easy access to travel routes.
The home's fabulous floor plan features a spacious, open
floorplan with the Great Room, Dining area and kitchen all open to
each other. The kitchen has an abundance of cabinetry,
granite counters and tile back splash. Great Room with gas log
fireplace and stereo speakers. Additionally, all three bedrooms are
zoned from each other. The Spacious Primary Suite and 2nd
bedroom both have ensuite baths and the third bedroom has a full
bath next to it. Sylvestre Reyes Elementary is just half a block
from the residence and home is situated on a cul-de-sac. Be aware
this home has been exceptionally well priced.
Unit Size
-
Days on Market
34 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$808
HOA Dues
$125
Year Built
2012
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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 #903789)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by RE/MAX Real Estate Experts Group CLOSED | $296,695 | |
| Listed by RE/MAX Real Estate Experts Group CLOSED | |||
| Mar 26, 2019 | Sold | ||
| Sold | |||
| Jun 25, 2018 | Listed by Dan Olivas & Associates | $198,500 | |
| Listed by Dan Olivas & Associates | |||
| | |||
|
Open floor plan and each bedroom has its own bath! Great room with fireplace - all rooms have fans. Gourmet kitchen with stainless appliances and lots of cabinets and counter space plus a pantry closet. Big master with walk-in closets, bath has double vanities and bubble tub and separate shower. Green, green grass in the back.
| |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About El Paso
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Listed by: Stephen Michael Carvalho, RE/MAX Real Estate Experts Group CLOSED
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 903789
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# 903789
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