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El Paso 79924 Dolphin
5841 Falcon Avenue
$190,000
● House - Off Market

5841 Falcon Avenue

El Paso, TX 79924
bedrooms
4 Beds
bathrooms
2 Baths
$1,215
Est. Monthly
10.43%
Cap Rate

About This Property

Super home 2 story 4 good size bedrooms and 2 1/3 bathrooms. Master bedroom upstairs is its own suite with a nice bathroom walk in closet. Two living areas. Nice wood floors down stairs.  Will look at all offers.
Unit Size
-
Days on Market
165 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$292
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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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 #891930)

Price History

Date / Event Date Event Price
May 3, 2024 Sold
Premium
Sold
Nov 20, 2023 Listed by The Real Estate Power Houses $188,000
Listed by The Real Estate Power Houses

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1988
  • 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: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,164
  • Total Building Area: 1,983
  • Gross Building Area: 1,983
  • Building Area: 1,983
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 4
  • Heated Square Feet: 1,983
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH TOBIN PARK
  • Land Acres: 0000000142
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 2 NORTH TOBIN PARK LOT 11 (6164.02 SQ FT)

Neighborhood

  • School District Name: Ysleta Independent School District
  • Census Tract: 000204

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: Z-34
  • Parcel: N471-999-0020-2100
  • Block: 2
  • Lot: 11
  • Municipality: CITY OF EL PASO
  • Latitude: 31.8814
  • Longitude: -106.404

    Address

  • Full Address: 5841 Falcon Ave
  • Address - House Number: 5841
  • Address - Street Name: Falcon
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: El Paso
  • Carrier Code: C023
  • 4-Digit Zip Code: 6307
  • Zip Code: 79924

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $240,944
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.1548
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 197,359
  • High Value: 227,926
  • Low Value: 166,792

    Market Valuation

  • Market Total Value: $207,113
  • Market Land Value: $18,918
  • Market Improvement Value: $188,195

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,792

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Dolphin

Stats & Trends

Median Asking:

$190,000

Sale Price/ft²

$137

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1634 ft²

Average Home Age

62.5 years

Currently For Sale

6 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 5725 Wren Avenue, El Paso, TX, 79924

$1,845 /mo

  • 5 Beds
  • 2,349 ft²
5725 Wren Avenue, El Paso, TX, 79924 Listing by Patricia Chavez Mendoza
Unit for rent at 5201 Prince Edward Avenue, El Paso, TX, 79924

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,670 ft²
5201 Prince Edward Avenue, El Paso, TX, 79924 Listing by Maria C Litton

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Gustavo Andazola, The Real Estate Power Houses
Last Updated: 6 months ago
Data Source: GEPAR, MLS# 891930
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 5841 Falcon Avenue built and last sold?
The property at 5841 Falcon Avenue was built in 1959 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5841 Falcon Avenue is $0.
What are some comparable homes to 5841 Falcon Avenue?
There are currently no comparable homes to 5841 Falcon Avenue.
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