$563,900
●
House -
Off Market
5500 CORY Drive
El Paso, TX 79932
5 Beds
2 Baths
$651,737
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model
About This Property
A rare opportunity to own an ADOBE STYLE HOME with 22'' walls in
the MAIN HOUSE & DETACHED CASITA (approx 914 sf). This
magical retreat set on 1.19 ACRES w/IRRIGATION RIGHTS is blanketed
by mature trees. You'll enjoy morning & evening STROLLS in this
QUIET NEIGHBORHOOD SETTING. ENCLOSED COURTYARD welcomes you into
the main residence featuring AUTHENTIC BRAZILIAN CHERRY HARDWOOD
FLOORING where warmth envelopes the FOYER, FORMAL DR & GREAT ROOM.
A WALL OF WINDOWS overlooks the spread of your property behind and
DISTANT VIEWS of the FRANKLIN MOUNTAINS. An OPEN CONCEPT
KITCHEN has GRANITE COUNTERS & BREAKFAST BAR, full sized DOUBLE
BUILT IN OVENS, GAS RANGE with SS BACKSPLASH, microwave and large
BREAKFAST NOOK. A master suite enjoys a spa-like bathroom with
FREE-STANDING SOAKING TUB, QUARTZ COUNTERS & DOUBLE CLOSETS. The
separate CASITA has been PROFESSIONALLY ENLARGED to add BEDROOM,
KITCHEN & UPDATED BATHROOM. New tile flooring throughout. Parking
for 10+ cars and RVs.
Unit Size
-
Days on Market
53 days
Land Size
1.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$955
HOA Dues
-
Year Built
1985
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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 #846081)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 12, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by Coldwell Banker Apex REALTORS | $563,900 | |
| Listed by Coldwell Banker Apex REALTORS | |||
| Aug 1, 2017 | Sold | ||
| Sold | |||
| Jun 18, 2017 | Listed by ERA Sellers & Buyers Real Esta | $424,888 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
| | |||
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A rare adobe residence offering a magical retreat in the Upper Valley on 1.19 acres (51,967 sq. ft.). This home offers quiet beauty with super updates including authentic Brazilian Cherry hardwood flooring, refrigerated air, new roof with warranty, a gourmet open-concept kitchen with yards of granite counters, stainless steel back splash, full size SS double ovens, microwave, 4 burner gas range, a large Master Bedroom Suite updated with quartz counters. The great room is an elegant tableau for showcasing art with the highest ceilings, hardwoods, & a wall of windows with abundant natural light.Huge shady trees, manicured grounds, 22'' thick adobe walls in the main house, a Santa Fe style gated entry & courtyard plus a large back patio also included. The detached apartment/studio/casita is easily accessed and the property has both city water and irrigation rights;off street parking for c.15 cars. An exceptional opportunity to acquire such an authentic property in a premier location.
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Property Highlights
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Valley Creek South
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Listed by: Wendy Sudimack, Coldwell Banker Apex REALTORS
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 846081
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# 846081
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