$400,000
●
House -
Off Market
1815 ELM Street
El Paso, TX 79930
3 Beds
1 Bath
$2,627
Est. Monthly
2.51%
Cap Rate
About This Property
Come and own your home in the Historic Manhattan Heights
neighborhood. This home sits on a large lot and has a renovated
interior complete with three large bedrooms, three bathrooms, and a
dining area that is ready to welcome all of your family for the
holidays. The home also features a large sunroom that can be used
as a study/office. The home has hardwood floors and many historic
features throughout that make this home both unique and elegant.
There is a guest home with a bedroom and bathroom that can be used
as an additional living area or a potential rental space. The
backyard is a great space for all needs to be met along with a
fantastic gated corridor
Unit Size
-
Days on Market
43 days
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$662
HOA Dues
-
Year Built
1921
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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 #910972)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 4, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Oct 21, 2024 | Listed by Home Pros Real Estate Group | $4,000,000 | |
| Listed by Home Pros Real Estate Group | |||
| | |||
|
Come and own your home in the Historic Manhattan Heights neighborhood. This home sits on a large lot and has a renovated interior complete with three large bedrooms, three bathrooms, and a dining area that is ready to welcome all of your family for the holidays. The home also features a large sunroom that can be used as a study/office. The home has hardwood floors and many historic features throughout that make this home both unique and elegant. There is a guest home with a bedroom and bathroom that can be used as an additional living area or a potential rental space. The backyard is a great space for all needs to be met along with a fantastic gated corridor.
| |||
| Oct 24, 2019 | Sold | ||
| Sold | |||
| Jul 17, 2019 | Listed by Century 21 APD & Associates | $235,000 | |
| Listed by Century 21 APD & Associates | |||
| | |||
|
Old world charm in historic Manhattan Heights. Conveniently located close to everything - downtown, Fort Bliss, TX Tech Medical School, UMC, EP
Children's Hospital. Updated with refrigerated A/C. Beautiful wood floors, French doors, bookcases, window casings, breathtaking front porch. Large basement. One
bed/bath casita in backyard. Cedar closets. Not possible to build features like this at this price today. Own a piece of El Paso architectural history.
| |||
Property Highlights
Fireplace
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
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Manhattan Heights
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Listed by: Yesenia Verduzco, Home Pros Real Estate Group
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 910972
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# 910972
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