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Homestead Meadows North 79938
5000 Indian Wells Drive
$230,000
● House - Off Market

5000 Indian Wells Drive

El Paso, TX 79938
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,287 Ft²
$353,253
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Don't miss out! This recently remodeled far east gem is ready to be lived in again!  Large 3200+ sqft home sitting on a 2+ acre piece of land.  Home includes a large bedroom and walk in closet upstairs with an unfinished bathroom giving the opportunity of having 2 master bedrooms. Just outside of the hustle and bustle of the city with tons of open space for any projects or hobbies you might have planned! You'll love making this beautiful piece of land your very own! Call/text me today for a private showing!
Unit Size
3,287 Ft²
Days on Market
-
Land Size
2.07 acres
Price per sqft
$76
Property Type
House
Property Taxes
$479
HOA Dues
-
Year Built
1990

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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: 3 years ago (GEPAR MLS #827647)

Price History

Date / Event Date Event Price
May 26, 2020 Sold
Premium
Sold
May 20, 2020 Listed by Summus Realty $249,950
Listed by Summus Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • 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: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 550
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 90,165
  • Total Building Area: 3,538
  • Gross Building Area: 3,914
  • Building Area: 2,988
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 4
  • Heated Square Feet: 2,988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HACIENDAS DEL NORTE
  • Land Acres: 0000002070
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 42 HACIENDAS DEL NORTE #3 LOT 10

Neighborhood

  • School District Name: Clint Independent School District
  • Census Tract: 010359

Geography

  • Assessors Map Reference: MONT-02
  • Parcel: H010-000-0420-0100
  • Block: 42
  • Lot: 10
  • Municipality: EL PASO
  • Latitude: 31.8436
  • Longitude: -106.192

    Address

  • Full Address: 5000 Indian Wells Dr
  • Address - House Number: 5000
  • Address - Street Name: Indian Wells
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: El Paso
  • Carrier Code: R025
  • 4-Digit Zip Code: 8652
  • Zip Code: 79938

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $628,127
  • Tax Rate Code Area: 27

    Appraisal Valuation

  • Standard Deviation: 0.1841
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 75
  • Final Value: 342,325
  • High Value: 405,359
  • Low Value: 279,291

    Market Valuation

  • Market Total Value: $356,066
  • Market Land Value: $33,532
  • Market Improvement Value: $322,534

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,228

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20200039776
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 Homestead Meadows North

Stats & Trends

Median Asking:

$497,500

Sale Price/ft²

$176

Below Asking

0.02%

Average Days on Market

46

Average Home Size

2239 ft²

Average Home Age

15.7 years

Currently For Sale

17 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 14101 Koshare Court, El Paso, TX, 79938

$1,950 /mo

  • 3 Beds
  • 2 Baths
14101 Koshare Court, El Paso, TX, 79938 Listing by Daniel Alu

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Cooper Allen Brock, Summus Realty
Last Updated: 3 years ago
Data Source: GEPAR, MLS# 827647
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 5000 Indian Wells Drive built and last sold?
The property at 5000 Indian Wells Drive was built in 1990 and last sold on May 22, 2020 for $228,900.
How much is this home worth?
The estimated value of the home located at 5000 Indian Wells Drive is $0.
What are some comparable homes to 5000 Indian Wells Drive?
There are currently no comparable homes to 5000 Indian Wells Drive.
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