$260,000
●
House -
Off Market
2844 ELK ROCK Way
El Paso, TX 79938
4 Beds
2 Baths,
1
Half Bath
$1,737
Est. Monthly
6.35%
Cap Rate
About This Property
Sellers offering $3,000 in concessions towards your closing
costs!!
Beautifully maintained homestead located on a large cul-de-sac lot ready for the taking. Pristine condition is readily observable throughout the entire property. Spacious rooms and vaulted living room ceilings give you plenty of space for a comfortable living. The sprawling finished backyard is both functional and inviting for all your entertainment and leisure needs. With only 2.4 miles away from Loop 375, this property places you on your way quickly no matter what your destination is. Extensive variety of shops, stores, and restaurants are all a quick drive away. Take a look at this Tierra Del Este gem before its gone!
Beautifully maintained homestead located on a large cul-de-sac lot ready for the taking. Pristine condition is readily observable throughout the entire property. Spacious rooms and vaulted living room ceilings give you plenty of space for a comfortable living. The sprawling finished backyard is both functional and inviting for all your entertainment and leisure needs. With only 2.4 miles away from Loop 375, this property places you on your way quickly no matter what your destination is. Extensive variety of shops, stores, and restaurants are all a quick drive away. Take a look at this Tierra Del Este gem before its gone!
Unit Size
-
Days on Market
45 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$460
HOA Dues
-
Year Built
2009
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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 #901694)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by Jason Mitchell Real Estate | $259,950 | |
| Listed by Jason Mitchell Real Estate | |||
| Mar 8, 2019 | Sold | ||
| Sold | |||
| Nov 21, 2018 | Listed by Home Pros Real Estate Group | $164,950 | |
| Listed by Home Pros Real Estate Group | |||
| | |||
|
2 story 4 bedroom 2.5 baths recently updated inside. Kitchen has been redone with granite counter tops, raised cabinets with a kitchen island, includes appliances. Kitchen overlooks the dining room with views to the backyard and the staircase that separates the dining and living rooms. Master Bedroom located downstairs with Master en-suite updated with walk in shower, new tile, double vanity. Good size backyard with blank slate for you to create your own paradise.
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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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Status
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Baths
ft²
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Sold On
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About El Paso
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Listed by: David Hernandez, Jason Mitchell Real Estate
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 901694
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# 901694
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