$799,900
●
House -
Off Market
407 RIM Road
El Paso, TX 79902
3 Beds
1 Bath,
1
Half Bath
$5,571
Est. Monthly
0.15%
Cap Rate
About This Property
If you're looking for a fully remodeled home in the perfect
location that also gives you impeccable views of the cityscape,
then look no further because this one checks all those boxes! This
beautiful single story home features a kitchen fully equipped with
a top-of-the-line BlueStar chef stove, stainless steel appliances,
and granite countertops. Now get ready to say goodbye to your
electric bill thanks to the FULLY PAID OFF SOLAR PANELS! No need to
assume a pesky solar panel loan with this home. If you're a
medical professional then this home's location would be ideal due
to all the hospitals nearby. The Hospitals of Providence, Las
Palmas Medical Center, and the children's hospital are all under 6
minutes away. I can go on forever about this home's location;
downtown El Paso and UTEP are both 5 minutes away, and you're 3
minutes away from the El Paso Tennis and Swim Club in case you want
to get your tennis game on. Don't miss the opportunity to own this
exceptional property. Schedule your showing today!
Unit Size
-
Days on Market
123 days
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,397
HOA Dues
-
Year Built
1969
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Cap Rate Calculator
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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 #908722)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 14, 2025 | Sold | ||
| Sold | |||
| Oct 14, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 13, 2024 | Listed by Summus Realty | $849,950 | |
| Listed by Summus Realty | |||
| Jul 18, 2024 | Listed by Summus Realty | $947,540 | |
| Listed by Summus Realty | |||
| | |||
|
Welcome to an incredible, one-of-a-kind home located in the highly sought-after Alexander subdivision. This unique property boasts breathtaking sunset views of the city, making it a true gem. Featuring 4 generously sized bedrooms and 4 well-appointed bathrooms, this home offers ample space and comfort for the whole family. The heart of the home is an amazing kitchen, fully equipped with a top-of-the-line BlueStar chef stove, perfect for culinary enthusiasts or anyone who enjoys cooking for family and friends. The luxurious master suite serves as a serene retreat, complete with a private bathroom and stunning views. Equipped with solar panels, this home is not only beautiful but also energy-efficient. The private outdoor space is ideal for relaxing evenings or entertaining guests while enjoying the incredible sunset views. This home offers a unique combination of luxury, comfort, and breathtaking views. Don't miss the opportunity to own this exceptional property. Contact us for a showing before its too late.
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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 Rim - University
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Currently no similar homes aroundNearby Rentals
Listed by: Betzabe Holguin Gardea, Summus Realty
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 908722
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# 908722
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