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El Paso 79922 Riverbend
4505 Skylark Way
$188,000
● House - Off Market

4505 Skylark Way

El Paso, TX 79922
bedrooms
3 Beds
bathrooms
1 Bath
$219,480
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Location, location, location. Upper Valley 3 Bedroom one full bath and one 3/4 bath. House has been totally remodeled top to bottom. New roof, new refrigerated air. New duct work. New updated electrical. New windows. New plumbing. Beautiful cabinets with granite countertops. Stainless sink with commercial pre rinse faucet. Tankless water heater. Recessed lighting throughout the whole house. All new appliances convey.

Ring doorbell, tile throughout. New barn door in master bath and New barn door in utility room. Open floor plan. Large backyard with storage. Walking distance to River Bend and new walking trail. Near Country Club. Must see to appreciate.
Unit Size
-
Days on Market
53 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #843286)

Price History

Date / Event Date Event Price
Jul 27, 2021 Sold
Premium
Sold
Mar 26, 2021 Listed by Mission Realty $189,900
Listed by Mission Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 2
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,730
  • Total Building Area: 1,378
  • Gross Building Area: 1,378
  • Building Area: 1,378
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 10
  • Heating: 4
  • Heated Square Feet: 1,378
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MARWOOD #3 REPLAT
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 5 MARWOOD LOT 11

Neighborhood

  • School District Name: El Paso Independent School District
  • Census Tract: 001302

Zoning

  • Zoning: R2A

Geography

  • Assessors Map Reference: Z-03
  • Parcel: M130-999-0050-5100
  • Lot: 11
  • Municipality: CITY OF EL PASO
  • Latitude: 31.824
  • Longitude: -106.577

    Address

  • Full Address: 4505 Skylark Way
  • Address - House Number: 4505
  • Address - Street Name: Skylark
  • Address - Suffix Type: Way
  • State: TX
  • City Name: El Paso
  • Carrier Code: C032
  • 4-Digit Zip Code: 1828
  • Zip Code: 79922

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $536,101
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.2118
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 71
  • Final Value: 231,264
  • High Value: 280,247
  • Low Value: 182,281

    Market Valuation

  • Market Total Value: $193,926
  • Market Land Value: $16,566
  • Market Improvement Value: $177,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $193,926
  • Assessed Land Value: $16,566
  • Assessed Improvements Value: $177,360

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20210074179
  • Previous Sale Recording Date: Apr 02, 2002
  • Previous Sale Contract Date: Mar 28, 2002
  • Previous Sale Amount: $68,400
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Riverbend

Stats & Trends

Median Asking:

$282,000

Sale Price/ft²

$164

Below Asking

0.04%

Average Days on Market

44

Average Home Size

3000 ft²

Average Home Age

47.3 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 453 El Camino Drive, El Paso, TX, 79912

$2,050 /mo

  • 3 Beds
  • 2 Baths
  • 1,741 ft²
453 El Camino Drive, El Paso, TX, 79912 Listing by Kiko Dix

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Ignacio Zubia, Mission Realty
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 843286
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.

Frequently Asked Questions

When was property at 4505 Skylark Way built and last sold?
The property at 4505 Skylark Way was built in 1959 and last sold on Jul 23, 2021 for $186,300.
How much is this home worth?
The estimated value of the home located at 4505 Skylark Way is $191,799.
What are some comparable homes to 4505 Skylark Way?
There are currently no comparable homes to 4505 Skylark Way.
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