$315,000
●
House -
Off Market
246 Colina Alta Drive
El Paso, TX 79912
3 Beds
1 Bath
$1,927
Est. Monthly
5.43%
Cap Rate
About This Property
Charming one story brick home with all the amenities located at the
end of a quiet cul-de-sac. This picturesque home features vaulted
beamed ceilings, wood flooring, solar panels, refrigerated air,
custom built closets, energy efficient windows throughout, gorgeous
lighting fixtures, new interiort paint, and so much more.
Updated kitchen with breakfast area & pantry plus an opening
to the dining room area which is open to a great living room with
fireplace. 3 large bedrooms with 2 updated bathrooms.
All closet have new custom built-in with drawers and
shelving. Solar panel which are paid off so new owners can
enjoy the benefits of low electric bills. This home sits on a
fantastic lot with beautiful frontyard desert landscaping & front
patio to enjoy the stunning El Paso sunset views. Backyard
features a covered patio and lush grass.
Unit Size
-
Days on Market
72 days
Land Size
0.31 acres
Price per sqft
-
Property Type
House
Property Taxes
$331
HOA Dues
-
Year Built
1985
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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 #891900)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 31, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2023 | Listed by Sandy Messer And Associates | $325,000 | |
| Listed by Sandy Messer And Associates | |||
| Mar 15, 2013 | Sold | ||
| Sold | |||
| Jan 29, 2013 | Listed by ERA Sellers & Buyers Real Esta | $167,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
| | |||
|
Lovely brick home in cul-d-sac conveniently located within walking distance to Mesa St. restaurants and shops and two parks. Living room and dining room have cathedral ceilings with fireplace in living room. Large master bedroom with high ceilings and ceiling fan. Updated master bathroom with large walk in closet. Two other bedrooms with high ceilings and ceiling fans. Large updated bright kitchen with breakfast area and bay window. Move in ready
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lambka Park
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Listed by: Jennifer Woo, Sandy Messer And Associates
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 891900
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# 891900
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