$365,000
●
House -
Off Market
589 MYRA Street
El Paso, TX 79915
Studio
0 Bath
$2,438
Est. Monthly
About This Property
Great location and great space to invest in. Here you have a 4 unit
property. First is a 2223 SQ FT 4 beds 3 full baths 2 living areas
just went under some updating from tile to carpet and paint.
property was rented will be rented soon. attached game room not
included in rent for additional potential rent.
2nd is a 350 SQ FT studio freshly remodeled new windows new mini split with both cold and hot temperature controlled. Rented for $650 a month all utilities included Corner lot also available 593 myra at 124,950 Owner agent aswell
3rd and 4th are 2 remodeled 2 beds and 1 bath apartments roughly 750 SQ FT each both with washer dryer hook ups. Bot apartments have new stainless steel stoves and all black brand new refrigerators. Each have been rented for $850 a month. There's 1 water meter for the whole property, The house feeds the studio all services and the 2 apartments have their own gas and electrical meter. Selling as is. Don't miss out on this opportunity. Call to schedule appointment
2nd is a 350 SQ FT studio freshly remodeled new windows new mini split with both cold and hot temperature controlled. Rented for $650 a month all utilities included Corner lot also available 593 myra at 124,950 Owner agent aswell
3rd and 4th are 2 remodeled 2 beds and 1 bath apartments roughly 750 SQ FT each both with washer dryer hook ups. Bot apartments have new stainless steel stoves and all black brand new refrigerators. Each have been rented for $850 a month. There's 1 water meter for the whole property, The house feeds the studio all services and the 2 apartments have their own gas and electrical meter. Selling as is. Don't miss out on this opportunity. Call to schedule appointment
Unit Size
-
Days on Market
152 days
Land Size
0.44 acres
Price per sqft
-
Property Type
House
Property Taxes
$596
HOA Dues
-
Year Built
1948
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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 #877841)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 16, 2025 | Sold | ||
| Sold | |||
| Mar 8, 2023 | Listed by Home Pros Real Estate Group | $375,000 | |
| Listed by Home Pros Real Estate Group | |||
| Jun 15, 2021 | Listed by ERA Sellers & Buyers Real Esta | $200,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
| | |||
|
Investors don't let this one go you have a 4 Beds 3 baths home with 2 permitted apartments. Income flowing monthly. Live in the main home and collect off of current tenants all on approximately 1/2 acre. No repairs will be done. Don't disturb tenants. Pictures of the apartments not uploaded.
| |||
Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About North Loop Gardens
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Listed by: Adrian Moreno, Home Pros Real Estate Group
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 877841
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# 877841
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