For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
El Paso 79928
327 Covington Ridge Way
$191,000
● House - Off Market

327 Covington Ridge Way

El Paso, TX 79928
bedrooms
3 Beds
bathrooms
2 Baths
$219,987
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

This beautiful 3 bedroom 2 bathroom carefree home built in 2016 is fresh on the market this weekend! Located very close to the new Amazon distribution center off Eastlake, I-10 and loop 375. This home is priced to sell fast and it won't last long! It features granite countertops, tile roofing, refrigerated air, double car garage in a very nice neighborhood in Mission Ridge.
Unit Size
-
Days on Market
18 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
2016

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #844000)

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold
Premium
Sold
Apr 10, 2021 Listed by Coldwell Banker Heritage R E $180,900
Listed by Coldwell Banker Heritage R E

Property Highlights

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,280
  • Total Building Area: 1,882
  • Gross Building Area: 1,972
  • Building Area: 1,482
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 4
  • Heated Square Feet: 1,482
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MISSION RIDGE #2
  • Land Acres: 0000000121
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: BLK 11 MISSION RIDGE #2 LOT 7

Neighborhood

  • School District Name: Socorro Independent School District
  • Census Tract: 010370

Geography

  • Parcel: M577-002-0110-0700
  • Block: 11
  • Lot: 7
  • Municipality: HORIZON CITY
  • Latitude: 31.692
  • Longitude: -106.252

    Address

  • Full Address: 327 Covington Ridge Way
  • Address - House Number: 327
  • Address - Street Name: Covington Ridge
  • Address - Suffix Type: Way
  • State: TX
  • City Name: El Paso
  • Carrier Code: R207
  • 4-Digit Zip Code: 7467
  • Zip Code: 79928

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $471,245
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: SM3

    Appraisal Valuation

  • Standard Deviation: 0.1825
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 76
  • Final Value: 266,524
  • High Value: 315,177
  • Low Value: 217,871

    Market Valuation

  • Market Total Value: $233,864
  • Market Land Value: $24,922
  • Market Improvement Value: $208,942

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,185

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210041414
  • Previous Sale Recording Date: Dec 21, 2016
  • Previous Sale Contract Date: Dec 21, 2016
  • Previous Sale Amount: $154,700
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About El Paso

Stats & Trends

Median Asking:

$272,405

Sale Price/ft²

$160

Below Asking

0.01%

Average Days on Market

61

Average Home Size

1504 ft²

Average Home Age

23 years

Currently For Sale

2182 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 872 Colbert Shapleigh Place, El Paso, TX, 79927

$1,695 /mo

  • 4 Beds
  • 2 Baths
  • 1,258 ft²
872 Colbert Shapleigh Place, El Paso, TX, 79927 Listing by Daniel Alu
Unit for rent at 450 Sunrise Hills Drive, El Paso, TX, 79928

$1,750 /mo

  • 5 Beds
  • 2 Baths
  • 1,189 ft²
450 Sunrise Hills Drive, El Paso, TX, 79928 Listing by Oswaldo Ozzie Chavez

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Adriana Zehner, Coldwell Banker Heritage R E
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 844000
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.

Frequently Asked Questions

When was property at 327 Covington Ridge Way built and last sold?
The property at 327 Covington Ridge Way was built in 2016 and last sold on Apr 29, 2021 for $0.
How much is this home worth?
The estimated value of the home located at 327 Covington Ridge Way is $182,709.
What are some comparable homes to 327 Covington Ridge Way?
There are currently no comparable homes to 327 Covington Ridge Way.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
El Paso East Homes for Sale
El Paso East Houses for Sale
El Paso East Townhouses for Sale
El Paso East Multifamily for Sale
El Paso East Land for Sale
El Paso East Commercial for Sale
El Paso East Homes with Basements
El Paso East Homes with Pools
Nearby Cities
El Paso Homes for Sale
Horizon City Homes for Sale
Socorro Homes for Sale
Sunland Park Homes for Sale
Homestead Meadows North Homes for Sale
Santa Teresa Homes for Sale
Chaparral Homes for Sale
San Elizario Homes for Sale
Nearby Property Records
El Paso County, TX Property Records
Hudspeth County, TX Property Records
Dona Ana County, NM Property Records
Otero County, NM Property Records
Culberson County, TX Property Records
Eddy County, NM Property Records
Luna County, NM Property Records
Sierra County, NM Property Records
Neighborhoods
Eastview Real Estate
Kohlberg Real Estate
Bear Ridge Real Estate
Chaparral Park North Real Estate
High Ridge Real Estate
Ranchos del Sol Real Estate
Valley Creek North Real Estate
Thunderbird Real Estate
Nearby Counties
El Paso Homes for Sale
El Paso Northwest Homes for Sale
Fort Hancock Homes for Sale
El Paso North Central Homes for Sale
Top Real Estate Agents
Top Agents in El Paso East
Top Agents in El Paso
Top Agents in El Paso
Top Agents in El Paso Northwest
Top Agents in 79938
Top Agents in 79928
Top Agents in 79912
Top Agents in 79936