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2227 GRANT Avenue
About This Property
Beautiful fully remodeled stone home featuring 3 bedrooms and 1 bathroom, designed for comfort and convenience. The property offers refrigerated air conditioning, a fully remodeled bathroom, and is completely move-in ready.
A standout feature of this property is the separate apartment unit located behind the main house, also fully remodeled and offering its own private backyard, making it ideal for rental income, guests, or extended family living.
Located in an excellent central area of El Paso, this home provides quick and convenient access to I-10, Loop 375, and US-54, making commuting across the city very easy.
The property is just minutes away from Fort Bliss, Downtown El Paso, and the El Paso International Airport, adding tremendous value for both homeowners and tenants.
Enjoy nearby multiple parks and recreational areas, including some of the most beautiful star views in El Paso.
This property is a great opport
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jun 21, 2026 | Price Decreased |
$230,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
| May 31, 2026 | Price Decreased |
$235,000
↓ $8K
(3.3%) | |
| Price Decreased | |||
| May 18, 2026 | Listed by Keller Williams Realty | $243,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017