$95,000
●
House -
Off Market
3900 LA LUZ Avenue
El Paso, TX 79903
3 Beds
2 Baths
$108,200
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Fixer Upper on Corner Lot North of Montana and West of US HWY 54.
Centrally located home with lots of potential. Located close to
University Medical Center, UMC Education Building, and future site
of Paul L. Foster Dental School. Small studio can be built in the
rear of lot. Zoned R5. Accessory dwelling unit OK - Contact listing
agent for additional photos and short video of interior.
Unit Size
-
Days on Market
143 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$151
HOA Dues
-
Year Built
1940
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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: 6 months ago (GEPAR MLS #870950)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 3, 2026 | Sold | ||
| Sold | |||
| Jan 2, 2026 | In contract | - | |
| In contract | |||
| Dec 23, 2025 | Listed by Congress Realty | $339,500 | |
| Listed by Congress Realty | |||
   | |||
|
Fully renovated quadraplex ideally located in the heart of El Paso. This turnkey investment property features four updated units, each thoughtfully upgraded with modern finishes and functional layouts designed for today's renters. Renovations include refreshed interiors, updated kitchens and baths, new flooring, contemporary fixtures, and improved systems for low-maintenance ownership.
Unit A: 3 Bedroom 1Bathroom Lease Agreement ends January 2026 Unit B: 1 Bedroom 1Bathroom Lease Agreement ends July 2026 Unit: C: Studio 1 Bathroom Lease Agreement ends July 2026 Unit D: ADU 1 Bedroom 1 Bathroom Lease Agreement ends January 2026
Whether you're expanding your portfolio or looking for a strong income-producing property, 3900 La Luz Ave delivers immediate cash-flow potential in a high-demand rental area. Ideal for investors seeking a renovated, stabilized multi-family asset.
| |||
| Mar 1, 2023 | Sold | ||
| Sold | |||
| Oct 9, 2022 | Listed by StepStone Realty LLC | $104,999 | |
| Listed by StepStone Realty LLC | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Pershing - Government Hill
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Listed by: Tony Jimenez, StepStone Realty LLC
Last Updated: 6 months ago
Data Source: GEPAR, MLS# 870950
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: 6 months ago
Data Source: GEPAR, MLS# 870950
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