$72,000
●
Land -
Off Market
412 LESA Lane
El Paso, TX 79915
Studio
0 Bath
$399
Est. Monthly
About This Property
Discover the potential of this almost 1/4-acre lot, perfectly
suited for your dream home or investment project. This property is
located in a desirable area and it provides ample space for custom
construction, landscaping, and outdoor living. Don't miss the
opportunity to own a piece of land in this desirable location!
Unit Size
-
Days on Market
45 days
Land Size
0.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
$7
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 #907053)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2026 | Sold | ||
| Sold | |||
| Feb 15, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed by ClearView Realty | $295,000 | |
| Listed by ClearView Realty | |||
   | |||
|
New construction meets established charm at 412 Lesa Ln. Located in a well-known El Paso neighborhood that rarely sees new homes, this 1,780 sq ft property offers 4 bedrooms, 2 bathrooms, and modern amenities throughout — all without the worry of an aging home. Sitting on an oversized lot, the expansive backyard is a blank canvas ready for whatever you have in mind — from outdoor entertaining and play space to the potential for a future pool. Thoughtfully designed with today's lifestyle in mind, this home combines comfort, flexibility, and value in one package. Priced at just $295,000, this is a standout opportunity for buyers looking for space, new construction, and long-term potential in a familiar area. The builder is offering concessions with approved lender - schedule your showing now!
| |||
| Dec 13, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 4, 2024 | Listed by AMAR Real Estate Group | $85,000 | |
| Listed by AMAR Real Estate Group | |||
| | |||
|
Lot in a well established neighborhood. .21 Acres to build the perfect home or investment property. R3 zoning as per El Paso County zoning department.
| |||
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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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Type
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About Thomas Manor
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Hilda N Guevara, ClearView Realty
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 907053
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# 907053
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