$160,000
●
House -
Off Market
3209 Morehead Avenue
El Paso, TX 79930
2 Beds
2 Baths
$995
Est. Monthly
12.15%
Cap Rate
About This Property
Welcome to your newly remodeled dream home! Step inside to discover
fresh paint adorning every corner, inside and out, while a charming
new front landscaping welcomes you. Stay cool year-round with newly
installed refrigeration AC, and tread upon pristine new flooring
throughout. Enjoy the gentle breeze from sleek new ceiling fans and
the privacy of brand new blinds. Indulge your culinary desires in
the fully revamped kitchen boasting elegant granite countertops.
Bathrooms are transformed with stylish sink vanities and modern
features. Entertain in the spacious living area, complete with a
beautifully refinished fireplace boasting an extended mantle and
built-in shelving. Start your mornings in the cozy breakfast area,
seamlessly flowing into the kitchen. This home exudes charm and
character in every corner. Don't miss your chance to make it yours!
Unit Size
-
Days on Market
61 days
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1935
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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 #897681)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Mar 11, 2024 | Listed by AMAR Real Estate Group | $159,999 | |
| Listed by AMAR Real Estate Group | |||
| Jan 26, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2023 | Listed by AMAR Real Estate Group | $106,000 | |
| Listed by AMAR Real Estate Group | |||
| | |||
|
A great opportunity to live in the heart of El Paso! Tons of potential with plenty of space inside & out, ready to be revamped. Two bedrooms and two total baths is an ideal floorplan, ideal for its future owner or tenant. Do not miss out on this great chance to live in one of El Paso's most established neighborhoods today! **PROPERTY SOLD AS-IS**
| |||
| Feb 7, 2003 | 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
Comparables
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Status
Status
Type
Beds
Baths
ft²
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HOA + Taxes
About Summit Place
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Listed by: Rita Saenz, AMAR Real Estate Group
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 897681
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# 897681
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