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El Paso 79932 Borderland
6261 MICHEL
$80,000
● House - Off Market

6261 MICHEL

El Paso, TX 79932
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$167,556
RealtyHop Estimate
109.45%
Since May 1, 2004
National-US
Primary Model

About This Property

WONDERFUL 4 BEDROOM HOME IN BORDERLAND HEIGHTS. 2 FULL BATHS LARGE LIVING ROOM DINING ROOM COMBO. FRONT GRAVEL LANDSCAPE. 3 PTS. FOR BUYERS CLOSING COSTS
Unit Size
1,400 Ft²
Days on Market
-
Land Size
-
Price per sqft
$57
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003

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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: 3 years ago (GEPAR MLS #220496)

Price History

Date / Event Date Event Price
Apr 16, 2004 Sold
Premium
Sold
Apr 1, 2003 Listed by Cardon Real Estate $80,000
Listed by Cardon Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • 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: 8
  • 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: 36
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,725
  • Total Building Area: 1,421
  • Gross Building Area: 1,457
  • Building Area: 1,421
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 4
  • Heated Square Feet: 1,421
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BORDERLAND HEIGHTS #1
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 8 BORDERLAND HEIGHTS #4 LOT 4 (4725.00 SQ FT)

Neighborhood

  • School District Name: Canutillo Independent School District
  • Census Tract: 010228

Zoning

  • Zoning: R5

Geography

  • Assessors Map Reference: Z-01
  • Parcel: B690-999-0008-0400
  • Lot: 4
  • Municipality: CITY OF EL PASO
  • Latitude: 31.8846
  • Longitude: -106.592

    Address

  • Full Address: 6261 Michel
  • Address - House Number: 6261
  • Address - Street Name: Michel
  • State: TX
  • City Name: El Paso
  • Carrier Code: C061
  • 4-Digit Zip Code: 1180
  • Zip Code: 79932

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $495,565
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 75
  • Final Value: 231,974
  • High Value: 275,340
  • Low Value: 188,608

    Market Valuation

  • Market Total Value: $177,935
  • Market Land Value: $17,407
  • Market Improvement Value: $160,528

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,935
  • Assessed Land Value: $17,407
  • Assessed Improvements Value: $160,528

    Sales

  • Current Sale Contract Date: Apr 15, 2004
  • Current Sale Recording Date: Apr 20, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20040035838
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 Borderland

Stats & Trends

Median Asking:

$624,950

Sale Price/ft²

$154

Above Asking

0.00%

Average Days on Market

204

Average Home Size

2639 ft²

Average Home Age

23 years

Currently For Sale

2 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 929 Totonaca Lane, El Paso, TX, 79912

$2,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,461 ft²
929 Totonaca Lane, El Paso, TX, 79912 Listing by David Acosta
Unit for rent at 253 Summerbrooke Court, El Paso, TX, 79932

$2,250 /mo

  • 4 Beds
  • 2 Baths
  • 2,498 ft²
253 Summerbrooke Court, El Paso, TX, 79932 Listing by Patrick Tuttle

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Bill Cardon, Cardon Real Estate
Last Updated: 3 years ago
Data Source: GEPAR, MLS# 220496
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 6261 Michel Street built and last sold?
The property at 6261 Michel Street was built in 2003 and last sold on Apr 15, 2004 for $79,300.
How much is this home worth?
The estimated value of the home located at 6261 Michel Street is $0.
What are some comparable homes to 6261 Michel Street?
There are currently no comparable homes to 6261 Michel Street.
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