$316,000
●
House -
Off Market
3224 Old Spanish Trail
El Paso, TX 79904
4 Beds
1 Bath,
1
Half Bath
$2,173
Est. Monthly
5.26%
Cap Rate
About This Property
Need size? Need space? Need majestic views? Well look
no further as this ranch style home sits quietly tucked away in the
foothills of the Franklin Mountains; offering scenic views from
every angle. Nestled in the tranquil Gran Quivira
subdivision, this home offers ample living space with 3,227 square
feet, four bedrooms, den and family room. The garage has been
nicely converted into a multi-use living space. Out back you
will find three separate storage areas which include a barn style
shed, storage shed and indoor archery room. A large carport
runs along the side of the home to keep your vehicles protected
from the elements. Gas fireplace in den, wood burning cast
iron stove in sunroom, tankless water heater, 2 refrigerated air
units (one just installed 06/2023 other was serviced), shutters, RV
parking with 220 electric outlet and sewer access, there is just
too much to list! Come and see your future home on this
expansive 11,319 sq. foot lot!
Unit Size
-
Days on Market
38 days
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$562
HOA Dues
-
Year Built
1975
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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 #878959)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Mar 30, 2023 | Listed by Sandy Messer And Associates | $328,000 | |
| Listed by Sandy Messer And Associates | |||
| Dec 13, 2016 | Sold | ||
| Sold | |||
| Sep 8, 2016 | Listed by Dream Work Realty | $235,000 | |
| Listed by Dream Work Realty | |||
| | |||
|
The ultimate setup for collectors! Art/antique curators and/or firearm/car enthusiast will LOVE the 3 large private storages, huge covered carport + a nicely converted garage. While the interior of this sprawling ranch style home offers endless potential & space to create the perfect layout for your family, the garage conversion could serve as a great home office w/private entry thru carport. Enjoy the beautiful & tranquil location off Magnetic at the foothills of the Franklin Mtns. Well cared for home w/tankless water heaters, Refrig AC, shutters & more! Lots of home for your money
| |||
| Feb 3, 2010 | 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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ft²
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HOA + Taxes
About Devil's Tower
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Erik Michael Messer, Sandy Messer And Associates
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 878959
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# 878959
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