$240,000
●
House -
Off Market
255 ALVAREZ Drive
El Paso, TX 79932
3 Beds
1 Bath
$226,744
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Fabulous 3 bedroom, 2 bath, 2 car garage brick home in great
location, close to schools, shopping, restaurants and more! Welcome
home to an open and spacious living area with fireplace, bar niche
, great for entertaining.The updated kitchen offers quartz
counters,new cabinets ,tile backsplash, pantry, and window over the
sink. The primary bedroom has great size room with all new bathroom
& generous walk-in closet. Guest bedroom #2 and bedroom #3 offer
convenient access to the updated hall bath. The laundry room offers
additional storage and room for a full size washer and dryer. The
front entry garage offers workspace plus plenty of parking on the
oversized driveway! The backyard boasts a fully fenced area with a
covered patio for entertaining guests & family , it also has great
views of the west of El Paso and amazing sunsets. All this
and more so make this yours today!!
Unit Size
-
Days on Market
15 days
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$522
HOA Dues
-
Year Built
1978
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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 #879848)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 1, 2023 | Sold | ||
| Sold | |||
| Apr 16, 2023 | Listed by Coldwell Banker Apex REALTORS | $225,000 | |
| Listed by Coldwell Banker Apex REALTORS | |||
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Jun 12, 2021 | Listed by Keller Williams Realty | $177,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Beautiful home located minutes from I-10, located in a tranquil corner lot. Large backyard with beautiful sunset views of the valley. This home has been loved and taken care of. Schedule your appointment today.
| |||
| Jul 3, 2008 | Sold | ||
| Sold | |||
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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
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Ridge
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Listed by: Adrian A Gomez, Coldwell Banker Apex REALTORS
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 879848
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# 879848
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