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El Paso 79907 Williams Park
554 MARTHA
$62,950
● House - Off Market

554 MARTHA

El Paso, TX 79907
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,565 Ft²
$129,927
RealtyHop Estimate
106.40%
Since Jun 1, 2004
National-US
Primary Model

About This Property

BIG HOME IN A VERY LARGE LOT 1565 SQUAREFEET
Unit Size
1,565 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$40
Property Type
House
Property Taxes
$83
HOA Dues
-
Year Built
1951

Payment Calculator

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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 #227054)

Price History

Date / Event Date Event Price
May 10, 2004 Sold
Premium
Sold
Nov 15, 2003 Listed by Trien, John H. $62,950
Listed by Trien, John H.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 10
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 496
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,917
  • Total Building Area: 1,545
  • Gross Building Area: 1,545
  • Building Area: 1,545
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 11
  • Heated Square Feet: 1,545
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAMB
  • Land Acres: 0000000251
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LAMB ELY PT OF 27 (10917 SQ FT)

Neighborhood

  • School District Name: Ysleta Independent School District
  • Census Tract: 004106

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: Z-42
  • Parcel: L193-999-0010-8200
  • Municipality: CITY OF EL PASO
  • Latitude: 31.728
  • Longitude: -106.341

    Address

  • Full Address: 554 Martha Way
  • Address - House Number: 554
  • Address - Street Name: Martha
  • Address - Suffix Type: Way
  • State: TX
  • City Name: El Paso
  • Carrier Code: C043
  • 4-Digit Zip Code: 3615
  • Zip Code: 79907

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $141,532
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 70
  • Final Value: 172,384
  • High Value: 209,162
  • Low Value: 135,605

    Market Valuation

  • Market Total Value: $136,868
  • Market Land Value: $9,498
  • Market Improvement Value: $127,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,822

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2004
  • Current Sale Recording Date: May 13, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20040044681
  • Previous Sale Recording Date: Nov 04, 2003
  • Previous Sale Contract Date: Oct 27, 2003
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: 71
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 Williams Park

Stats & Trends

Median Asking:

$161,475

Sale Price/ft²

$110

Above Asking

0.00%

Average Days on Market

45

Average Home Size

285 ft²

Average Home Age

69.5 years

Currently For Sale

0 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 736 Draco Place, El Paso, TX, 79907

$1,875 /mo

  • 3 Beds
  • 2 Baths
  • 1,752 ft²
736 Draco Place, El Paso, TX, 79907 Listing by Daniel Alu
Unit for rent at 329 Sereno Dr Drive, El Paso, TX, 79907

$1,900 /mo

  • 3 Beds
  • 2 Baths
329 Sereno Dr Drive, El Paso, TX, 79907 Listing by Jeniffer Espinoza

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: John Trien, Trien, John H.
Last Updated: 3 years ago
Data Source: GEPAR, MLS# 227054
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 554 Martha Way built and last sold?
The property at 554 Martha Way was built in 1951 and last sold on May 10, 2004 for $56,700.
How much is this home worth?
The estimated value of the home located at 554 Martha Way is $0.
What are some comparable homes to 554 Martha Way?
There are currently no comparable homes to 554 Martha Way.
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