$280,000
●
House -
Off Market
3225 Fort Boulevard
El Paso, TX 79930
Studio
0 Bath
$268,071
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model
About This Property
Calling all investors!!!! Don't miss your opportunity on this GRAND
home with so much character located in the heart of El Paso. The
main home offers over 2200 square feet with 3 bedrooms and 3 full
bathrooms. There are two owner's suites, and it has dual living and
dining areas. There is also a library which could be a 4th bedroom,
original hardwood floors, new kitchen flooring and new paint in
some areas of the home. The guesthouse is a 1 bedroom, 1 bathroom
unit with a full kitchen with 725 square feet of livable space.
Guesthouse is currently rented out on a month to month lease at
$750.00 a month. This home is perfect for your investment needs, or
adding your own touches for your forever home with a possible
airbnb unit. Home comes with new alarm system to include cameras as
well as as home warranty unitl 2028. All appliances to include
washer and dryer will convey. There is private and street parking
available. Home is located close to shopping and eateries.Schedule
your showing today
Unit Size
-
Days on Market
40 days
Land Size
0.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$430
HOA Dues
-
Year Built
1907
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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 #863389)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 29, 2022 | Sold | ||
| Sold | |||
| May 19, 2022 | Listed by Star Spangled Real Estate | $264,999 | |
| Listed by Star Spangled Real Estate | |||
| Apr 5, 2022 | Sold | ||
| Sold | |||
| Jul 6, 2021 | Listed by Doug Borrett Real Estate Co. | $265,000 | |
| Listed by Doug Borrett Real Estate Co. | |||
| | |||
|
Fall in love with this beautiful classy and timeless home. Easy access to Highway 54. This home includes 2 living rooms, dining room, spacious bedroom that can be used as an office. Master bedroom has a kitchenette and could be used as an In-Law Quarters. The apartment in the back is vacant and has it's own gas and electric meter. It could be used for guests or rented for extra income.
| |||
| Apr 18, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Fireplace
Parking Available
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: Brittany Paige Garcia-Arrese, Star Spangled Real Estate
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 863389
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# 863389
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