$241,500
●
House -
Off Market
4103 Payne Circle
El Paso, TX 79930
3 Beds
2 Baths
$1,619
Est. Monthly
5.08%
Cap Rate
About This Property
Welcome to this cozy farm house conveniently located by the patriot
freeway and minutes away from Manhattan heights. This home comes
fully remodeled with new AC units, bathrooms, kitchen, backyard
landscaping and tile throughout. This home has a beautiful chefs
kitchen with upgraded appliances and an open floor plan great for
entertaining. Call today for a showing. Property is also for rent
at $1,899.
Unit Size
-
Days on Market
60 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1950
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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 #902644)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jun 15, 2024 | In contract | - | |
| In contract | |||
| Jun 3, 2024 | Listed by Home Pros Real Estate Group | $249,950 | |
| Listed by Home Pros Real Estate Group | |||
| Mar 5, 2024 | Sold | ||
| Sold | |||
| Nov 27, 2023 | Listed by JPAR EP (869) | $173,900 | |
| Listed by JPAR EP (869) | |||
| | |||
|
Come take a peek at this sweet 2 bedroom home in Central El Paso. It's got a 3rd master bedroom that was being converted to a Man Cave, but unfinished, along with a 3/4 bath, which is unfinished.
The kitchen has been updated. The layout's great too - there's a comfy living room, a dining area, and a cozy spot for your morning coffee.
You're gonna love the backyard! There's this big covered patio for chilling out, and another patio with a kitchen setup - ideal for those BBQ nights. There's is also a fireplace outside. Has a one one car garage or workshop, depending on your needs. The neighborhood's is close to Fort Bliss, loads of eateries, I-10, and hospitals in central El Paso. Roof was replaced about a year and a half ago.
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Morningside Heights
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Listed by: Jesus Briseno, Home Pros Real Estate Group
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 902644
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# 902644
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