$217,000
●
House -
Off Market
3027 Richmond Avenue
El Paso, TX 79930
4 Beds
1 Bath
$219,962
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Stop by and check this beautiful fully remodeled home with
additional living space in central area!! Dream Home ALERT! Do not
waste any time. This home offers a gorgeous floor plan with plenty
of room. The vaulted ceiling in the living room provides for a
grand entrance with freshly painted walls, wood floors subtle
elegance radiates from every corner of this lovely home. The
kitchen is moderately sized and is beautiful built-in wooden
cabinets with granite counter tops. Not to mention the 4 spacious
bedrooms and 2 baths, the master bathroom with jetted tub with
beautiful faucets and light fixtures. This home has all the
luxuries to make you feel like royalty. The perks do not stop
there, the back yard is ready for those summer time barbecues.
Unit Size
-
Days on Market
32 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$185
HOA Dues
-
Year Built
1954
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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 #861554)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by Mission Valley Realty | $214,999 | |
| Listed by Mission Valley Realty | |||
| Aug 10, 2020 | Sold | ||
| Sold | |||
| Jul 20, 2020 | Listed by Summus Realty | $85,000 | |
| Listed by Summus Realty | |||
| | |||
|
Excellent investment opportunity! The home currently sits at 814 sqft, 2 bed, 1 bath, however, the ground work has already been laid to bump that up to 1593 sqft, 3 bed, 2 bath. The plumbing and foundation have already been put down so all it needs now is your personal touch to bring it into this century! This home has an after repair value of $160,000. Don't miss out on this amazing investment opportunity! Cash or hard money loan only.
| |||
| Oct 24, 2019 | No longer available | - | |
| No longer available | |||
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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 Military Heights
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Listed by: Ronald Leavy Rangel, Mission Valley Realty
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 861554
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# 861554
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