$218,000
●
House -
Off Market
323 RAINBOW Circle
El Paso, TX 79912
4 Beds
2 Baths
$379,597
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model
About This Property
GREAT STONE ELEVATION, full front porch states a WELCOME
arrival.SPECTACULAR Terrazo tile in entry,family rm,hallway,kitchen
and baths.Heated & cooled sunroom w/hardwood floors,Aluminum
siding,new windows. 3 spacious bdrms with 2 full baths plus a bdrm
with 3/4 bath off the kitchen.3 cedar closets provide additional
closet space. Carpet in 2 bdrms and formal living dining room. No
rear neighbors in view.Ravine invites fauna native to the area.Deer
and fox prevail.Mountain& Sunset view. Large and spacious formal
living areas. Private financing available with approx.20% down.
REFRIGERATED AIR.
Unit Size
-
Days on Market
89 days
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
$308
HOA Dues
-
Year Built
1964
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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 #594057)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2018 | Sold | ||
| Sold | |||
| Jan 29, 2018 | Listed by Keller Williams Realty | $309,999 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Beautiful curb appeal with Austin Stone welcomes you home. Once you step in, you immediately see the SPECTACULAR Terrazo tile. Fully remodeled home, with Brand New kitchen and New Appliances. Kitchen opens up to the Sunroom, and one of 2 living areas. Cook and watch TV or the family at the same time! Huge butcher block island with plenty of storage. The Sunroom features beautiful views of the Mountains and sunsets. The Master Bedroom opens up to the Sunroom with beautiful french doors. The Master has an on suite bathroom and walk in closet as well. There are 2 additional, big, guest rooms, which share a newly remodeled bathroom. The bathroom has the same beautiful Terrazo tile, as well as a Roman tube, and floor to ceiling bath tile. Carpet in 3 bedrooms, and 3 Cedar closets for extra storage. 4 bedrooms, 2 living areas, skylights, sunroom and low maintenance yard, which opens up to a ravine. Deers and foxes to be scene along with beautiful sunsets and mountains views. WELCOME HOME.
| |||
| Aug 2, 2016 | Sold | ||
| Sold | |||
| May 4, 2016 | Listed by We Sell Homes | $224,750 | |
| Listed by We Sell Homes | |||
| Jul 14, 2009 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lambka Park
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Listed by: Alberto Salceda, We Sell Homes
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 594057
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# 594057
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