$145,000
●
Land -
Off Market
23 Apache Crest Drive
El Paso, TX 79922
Studio
0 Bath
$865
Est. Monthly
About This Property
Majestic views of the city offered with this prime lot. Located
high up on the hill on a cul de sac this 10,383 sq ft lot with an
unobstructed view of El Paso in the Sierra Crest Subdivision.
The sellers has also designed a 5400 sq ft home tastefully
designed to take advantge of the majestic views offered with this
location. Home plan includes a 3 car gargae, a second mini primary
suite, outdoor kitchen, wine cellar, exterior stairs from front to
back and a pool. These plans have already been approved by the city
and seller is open to including with purchase of the lot.
Unit Size
-
Days on Market
80 days
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$79
HOA Dues
-
Year Built
-
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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 #905060)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 8, 2026 | Sold | ||
| Sold | |||
| Dec 11, 2025 | In contract | - | |
| In contract | |||
| Oct 29, 2025 | Listed by The Right Move Real Estate Gro | $145,000 | |
| Listed by The Right Move Real Estate Gro | |||
   | |||
|
Welcome to Sierra Crest, one of El Paso's most sought-after hillside communities! This premium residential lot offers an incredible opportunity to build your custom dream home with breathtaking panoramic views of the city, valley, and surrounding mountains. Nestled on a quiet cul-de-sac, the property provides peace, privacy, and the perfect vantage point for capturing El Paso's stunning sunsets.
Spanning approximately 0.25 acres, this lot is ideally positioned for a modern, elevated residence that takes full advantage of its scenic elevation. All essential utilities are available, and the neighborhood is known for its exclusive feel, well-maintained streets, and proximity to the University of Texas at El Paso, downtown, and the medical district.
Whether you're a luxury builder, investor, or a homeowner ready to design a custom retreat, this location offers endless potential in one of the city's most desirable ZIP codes—79902.
| |||
| Oct 2, 2024 | Sold | ||
| Sold | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
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Property Highlights
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: Norman Hal Christiansen, Go 2 Realty and Property Management
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 905060
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# 905060
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