$185,000
●
House -
Off Market
2908 MOREHEAD Avenue
El Paso, TX 79930
3 Beds
0 Bath
$1,219
Est. Monthly
7.99%
Cap Rate
About This Property
New and Improved Price!! Make this house your home! This property
offers three bedrooms and two bathrooms, featuring original,
refinished hardwood flooring in the living area, hallway, and both
guest bedrooms. The kitchen boasts an abundance of cabinets,
granite countertops, a raised bar for additional seating, and a
stunning lighting package. The stainless steel side-by-side
refrigerator is included.The master suite is generously sized and
includes its own fireplace, perfect for enjoying romantic evenings
or chilly nights. The master bathroom has been elegantly updated
with a large shower and an impressive walk-in closet. The roof was
replaced approximately three years ago.The house is updated with
refrigerated air, double-paned windows, and wood faux blinds. The
backyard offers ample space, providing enough room for a pool and
more.
Unit Size
-
Days on Market
76 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$286
HOA Dues
-
Year Built
1948
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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 #889286)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2023 | Sold | ||
| Sold | |||
| Sep 29, 2023 | Listed by Alluvion Realty Group, LLC | $189,900 | |
| Listed by Alluvion Realty Group, LLC | |||
| Feb 3, 2020 | Sold | ||
| Sold | |||
| Oct 10, 2019 | Listed by Keller Williams Realty | $140,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Another beauty by Treasure Estates Home Solutions. This 3 Bedroom 2 Bath house has been renovated to include new Roof, Refrigerated Air, Tile floors in Kitchen, Utility Room and Master area. Most windows replaced, wood floors refinished to reflect natural wood finish instead of previous darker color. Kitchen has new cabinets, granite countertops, and the whole house has new light fixtures and ceiling fans as well. Master Bedroom is huge, has its own Fireplace to enjoy upcoming cold weather. Master Bath turned out really nice along with huge closet and awesome shower. Living Room is large enough to entertain guests and located right next to Kitchen. House has been painted inside and out and is just a great Move In Ready house to enjoy right away. Backyard is big enough and has lots of possibilities. Great quiet neighborhood in Central El Paso on a nice street with many nice homes.
Come see this one before its gone!
| |||
| Dec 14, 2015 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Summit Place
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Listed by: Emilie Samaniego, Alluvion Realty Group, LLC
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 889286
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# 889286
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