$250,620
●
Land -
Off Market
406 CLAYTON Drive
El Paso, TX 79932
Studio
0 Bath
$254,317
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
Welcome to the Amapola Estates in the Heart of Upper Valley El
Paso. No better place to build your dream home, raise horses, or
start an agricultural farming business. 406 Clayton is a bountiful
1.55 acres of land to allow your imagine grow and roam freely. At
the moment, 1 neighboring lot (408 Clayton) is also available for a
grand total of 3.10 ACRES! Now is the time to choose your favorite
lot before its gone - OR TAKE THEM BOTH! Not to mention, all
city utilities are at line making this a fantastic investment in a
growing and desirable community with great schools, near to
shopping and quick access to I-10. Currently zoned R2 but if
desired, buyer can apply for agriculture tax exemption.
Unit Size
-
Days on Market
475 days
Land Size
1.55 acres
Price per sqft
-
Property Type
Land
Property Taxes
$394
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: 5 months ago (GEPAR MLS #862704)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Mar 10, 2023 | Listed by Keller Williams Realty | $511,500 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Welcome to the Amapola Estates in the Heart of Upper Valley El Paso. No better place to build your dream home, raise horses, or start an agricultural farming business. 406 & 408 Clayton is a bountiful 3.10 acres of land to allow your imagine grow and roam freely. At the moment both lots are available, but can be bought individually (each 1.55 acres). Now is the time to choose your favorite lot before its gone - OR TAKE THEM BOTH! Not to mention, all city utilities are at line making this a fantastic investment in a growing and desirable community with great schools, near to shopping and quick access to I-10. Currently zoned R2 but if desired, buyer can apply for agriculture tax exemption. Don't let this amazing opportunity pass you by.
| |||
| Jun 28, 2022 | Listed by Keller Williams Realty | $1,097,250 | |
| Listed by Keller Williams Realty | |||
| | |||
|
ONLY $165K PER ACRE!!! Welcome to the Amapola Estates in the Heart of Upper Valley El Paso. No better place to build your dream home, raise horses, or start an agricultural farming business. A grand total of 6.55 acres of land to allow your imagine grow and roam freely. Land is comprised of 4 lots, can be bought separately or together! Now is the time to choose your favorite lot before its gone! Not to mention, all city utilities are at line making this a fantastic investment in a growing and desirable community with great schools, near to shopping and quick access to I-10. Currently zoned R2 but if desired, buyer can apply for agriculture tax exemption.
| |||
| May 7, 2022 | Listed by Keller Williams Realty | $255,750 | |
| Listed by Keller Williams Realty | |||
| Feb 19, 2021 | Sold | ||
| Sold | |||
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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 West Green
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Listed by: Ronald Nunez-Rupert, Keller Williams Realty
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 862704
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# 862704
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