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El Paso 79930 Summit Place
3015 MOREHEAD Avenue
$107,000
● House - Off Market

3015 MOREHEAD Avenue

El Paso, TX 79930
bedrooms
2 Beds
bathrooms
1 Bath
$106,439
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Charming fixer-upper home located right in central El Paso! This 2 bed, 1 bath house was built in 1931 and is minutes away from Fort Bliss. It is definitely a must see!
Unit Size
-
Days on Market
25 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1931

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #860537)

Price History

Date / Event Date Event Price
Apr 18, 2022 Sold
Premium
Sold
Mar 24, 2022 Listed by Cornerstone Realty $105,000
Listed by Cornerstone Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 32
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 936
  • Gross Building Area: 968
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 18
  • Heated Square Feet: 936
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FR A MILITARY HEIGHTS
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 3 MILITARY HEIGHTS 7 & 8 (6000 SQ FT)

Neighborhood

  • School District Name: El Paso Independent School District
  • Census Tract: 000901

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: Z-16
  • Parcel: M436-999-0030-1900
  • Block: 3
  • Municipality: CITY OF EL PASO
  • Latitude: 31.8071
  • Longitude: -106.459

    Address

  • Full Address: 3015 Morehead Ave
  • Address - House Number: 3015
  • Address - Street Name: Morehead
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: El Paso
  • Carrier Code: C026
  • 4-Digit Zip Code: 3727
  • Zip Code: 79930

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $90,997
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.2131
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 70
  • Final Value: 133,779
  • High Value: 162,296
  • Low Value: 105,261

    Market Valuation

  • Market Total Value: $97,093
  • Market Land Value: $14,784
  • Market Improvement Value: $82,309

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,093
  • Assessed Land Value: $14,784
  • Assessed Improvements Value: $82,309

    Sales

  • Current Sale Contract Date: Apr 11, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35333
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Summit Place

Stats & Trends

Median Asking:

$239,950

Sale Price/ft²

$131

Below Asking

0.03%

Average Days on Market

61

Average Home Size

1712 ft²

Average Home Age

67.3 years

Currently For Sale

7 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2801 Polk Avenue, El Paso, TX, 79930

$1,950 /mo

  • 4 Beds
  • 3 Baths
  • 2,247 ft²
2801 Polk Avenue, El Paso, TX, 79930 Listing by Ricardo Rios Jr
Unit for rent at 222 Canyon Terrace Drive, El Paso, TX, 79902

$1,775 /mo

  • 3 Beds
  • 2 Baths
  • 1,368 ft²
222 Canyon Terrace Drive, El Paso, TX, 79902 Listing by Issa Atiyah

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Paulina Longenbaugh, Cornerstone Realty
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 860537
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.

Frequently Asked Questions

When was property at 3015 Morehead Avenue built and last sold?
The property at 3015 Morehead Avenue was built in 1931 and last sold on Apr 11, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 3015 Morehead Avenue is $0.
What are some comparable homes to 3015 Morehead Avenue?
There are currently no comparable homes to 3015 Morehead Avenue.
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