$260,000
●
House -
Off Market
5584 Mike Vane Drive
El Paso, TX 79934
4 Beds
2 Baths,
1
Half Bath
$1,759
Est. Monthly
6.56%
Cap Rate
About This Property
This expansive 4-bedroom, 2.5-bathroom home is situated in the
highly sought-after Sandstone Ranch neighborhood in North East El
Paso. With the bedrooms conveniently located upstairs and a laundry
room nearby, everyday tasks become effortless. The large backyard
is perfect for hosting gatherings with family and friends, offering
plenty of space for outdoor activities. Additionally, the garage
sets further back providing ample parking space, ensuring
convenience for residents and guests alike.
Unit Size
-
Days on Market
41 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$507
HOA Dues
-
Year Built
2011
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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: 6 months ago (GEPAR MLS #899603)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Apr 12, 2024 | Listed by Keller Williams Realty | $255,000 | |
| Listed by Keller Williams Realty | |||
| May 24, 2019 | Sold | ||
| Sold | |||
| Apr 9, 2019 | Listed by Home Pros Real Estate Group | $179,900 | |
| Listed by Home Pros Real Estate Group | |||
| | |||
|
This nicely kept 4 bedroom home on a large lot in Popular Sandstone Ranch in the Northeast. Beautifully landscaped front yard invites you to this spacious well priced home.
Gently lived in and well cared for home offers 4 bedrooms upstairs, master plus full bath, laundry conveniently located upstairs. Additionally, upstairs has as a mega bonus a loft which could serve as a kids hang out, exercise room or office. Downstairs features a formal area as you enter, 1/2 bath for guests. Nicely appointed Kitchen with an eat in Island, granite counter tops SS appliances open to a spacious family room. The floor plan of this home offers plenty of privacy for the bedrooms upstairs. A large backyard finishes off a very welcoming home suitable for almost anyone. 2 Refrigerated units will be inviting in those hot summer months. The garage is set back allowing for additional parking or play area. One of the best priced homes for the Area is waiting for you!
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About El Paso
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Listed by: Trisha Helton, Keller Williams Realty
Last Updated: 6 months ago
Data Source: GEPAR, MLS# 899603
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: 6 months ago
Data Source: GEPAR, MLS# 899603
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