$110,000
●
Land -
Off Market
40 SIERRA CREST Drive
El Paso, TX 79902
Studio
0 Bath
$838
Est. Monthly
About This Property
Build your dream home in the prestigious Sierra Crest
community.
This 0.26-acre homesite offers a rare opportunity to enjoy beautiful views while being surrounded by the natural beauty and privacy of the Franklin Mountains.
Nestled in one of the area's most desirable hillside neighborhoods, this lot provides the perfect setting for a custom residence designed to take full advantage of the elevated terrain, scenic sunsets, and peaceful mountain surroundings. **Located on Transmountain in Sierra Crest, one of the highest elevations where residential homes are built in Texas. This property offers a unique vantage point with expansive views and a serene atmosphere.
The location provides an ideal balance of seclusion and convenience, with easy access to shopping, dining, and major roadways just minutes away. Whether you're planning a modern architectural masterpiece or a timeless desert retreat, this homesite delivers the views, privacy, and prestige that make Sierra Crest one of El Paso's premier building destinations. Opportunities like this are limited. Secure your place in the mountains and bring your vision to life.
This 0.26-acre homesite offers a rare opportunity to enjoy beautiful views while being surrounded by the natural beauty and privacy of the Franklin Mountains.
Nestled in one of the area's most desirable hillside neighborhoods, this lot provides the perfect setting for a custom residence designed to take full advantage of the elevated terrain, scenic sunsets, and peaceful mountain surroundings. **Located on Transmountain in Sierra Crest, one of the highest elevations where residential homes are built in Texas. This property offers a unique vantage point with expansive views and a serene atmosphere.
The location provides an ideal balance of seclusion and convenience, with easy access to shopping, dining, and major roadways just minutes away. Whether you're planning a modern architectural masterpiece or a timeless desert retreat, this homesite delivers the views, privacy, and prestige that make Sierra Crest one of El Paso's premier building destinations. Opportunities like this are limited. Secure your place in the mountains and bring your vision to life.
Unit Size
-
Days on Market
146 days
Land Size
0.26 acres
Price per sqft
-
Property Type
Land
Property Taxes
$224
HOA Dues
-
Year Built
-
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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: 4 months ago (GEPAR MLS #937868)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2026 | Sold | ||
| Sold | |||
| Feb 7, 2026 | Listed by El Paso Homes Realty | $125,000 | |
| Listed by El Paso Homes Realty | |||
| Dec 4, 2025 | No longer available | - | |
| No longer available | |||
| Jun 5, 2025 | No longer available | - | |
| No longer available | |||
| Jun 5, 2025 | Listed by Sandy Messer And Associates | $100,000 | |
| Listed by Sandy Messer And Associates | |||
   | |||
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Incredible majestic panoramic view lots in gated centrally-located Sierra Crest subdivision. Near Utep, El Paso Tennis Club, and Scenic Drive. Shopping and entertainment are nearby. Surround by beautiful natural Texas desert landscaping. Choose your views of Mt. Cristo Rey, New Mexico, Mexico, and Downtown.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About El Paso
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Listed by: Tristan Isiah Cooper, El Paso Homes Realty
Last Updated: 4 months ago
Data Source: GEPAR, MLS# 937868
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: 4 months ago
Data Source: GEPAR, MLS# 937868
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