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El Paso 79924 Dolphin
5861 FALCON Avenue
$175,000
● House - Off Market

5861 FALCON Avenue

El Paso, TX 79924
bedrooms
4 Beds
bathrooms
2 Baths
$1,204
Est. Monthly
10.70%
Cap Rate

About This Property

Come and see your new home, ready to move in, completely remodeled with a new cooling unit, new floors, granite in the  new kitchen, remodeled bathrooms, landscaping and many other details that you will love.
Unit Size
-
Days on Market
96 days
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$344
HOA Dues
-
Year Built
1959

Payment Calculator

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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: 5 months ago (GEPAR MLS #889501)

Price History

Date / Event Date Event Price
Jan 9, 2024 Sold
Premium
Sold
Oct 5, 2023 Listed by Realty One Group Mendez Burk $175,000
Listed by Realty One Group Mendez Burk

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 2
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 231
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,317
  • Total Building Area: 1,241
  • Gross Building Area: 1,241
  • Building Area: 1,241
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 4
  • Heated Square Feet: 1,241
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORTH TOBIN PARK
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 2 NORTH TOBIN PARK LOT 16 (6317 SQ FT)

Neighborhood

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

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: Z-34
  • Parcel: N471-999-0020-3100
  • Block: 2
  • Lot: 16
  • Municipality: CITY OF EL PASO
  • Latitude: 31.8814
  • Longitude: -106.403

    Address

  • Full Address: 5861 Falcon Ave
  • Address - House Number: 5861
  • 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: $377,750
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.1536
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 177,983
  • High Value: 205,329
  • Low Value: 150,636

    Market Valuation

  • Market Total Value: $141,906
  • Market Land Value: $19,189
  • Market Improvement Value: $122,717

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,906
  • Assessed Land Value: $19,189
  • Assessed Improvements Value: $122,717

    Sales

  • Current Sale Contract Date: Jan 09, 2024
  • Current Sale Recording Date: Jan 10, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1464
  • Previous Sale Recording Date: Jan 10, 2024
  • Previous Sale Contract Date: Dec 22, 2023
  • 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 Dolphin

Stats & Trends

Median Asking:

$189,000

Sale Price/ft²

$137

Below Asking

0.01%

Average Days on Market

51

Average Home Size

1253 ft²

Average Home Age

60 years

Currently For Sale

4 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

$1,900 /mo

  • 5 Beds
  • 2,349 ft²
5725 Wren Avenue, El Paso, TX, 79924 Listing by Patricia Chavez Mendoza
Unit for rent at 4900 Debeers Drive, El Paso, TX, 79924

$1,800 /mo

  • 3 Beds
  • 1 Bath
4900 Debeers Drive, El Paso, TX, 79924 Listing by Gustavo Luna

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Luis F. Contreras, Realty One Group Mendez Burk
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 889501
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 5861 Falcon built and last sold?
The property at 5861 Falcon was built in 1959 and last sold on Jan 9, 2024 for $173,548.
How much is this home worth?
The estimated value of the home located at 5861 Falcon is $176,750.
What are some comparable homes to 5861 Falcon?
There are currently no comparable homes to 5861 Falcon.
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