$287,000
●
House -
For Sale
633 BARCELONA Drive
El Paso, TX 79905
Studio
0 Bath
$1,578
Est. Monthly
About This Property
633 Barcelona Drive presents an amazing opportunity to acquire a
multi-tenant property designed for maximum rental income. Featuring
a multi unit complex with a mix of one-bedroom, two-bedroom, and
studio apartments, this property caters to a broad tenant base in a
robust rental market (54% renters!). Recent updates,
including refreshed flooring and paint in select units. Situated
near key employment sectors including healthcare and retail, you'll
enjoy consistent occupancy and strong returns. Benefit from El
Paso's growing market and capitalize on a property primed for both
immediate cash flow and long-term appreciation. Don't miss out on
this strategic investment in a high-demand rental area
Unit Size
-
Days on Market
171 days
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$169
HOA Dues
-
Year Built
1951
Listed By
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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 #918038)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2026 | Relisted | $287,000 | |
| Relisted | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Relisted | $287,000 | |
| Relisted | |||
| Aug 31, 2025 | No longer available | - | |
| No longer available | |||
| Mar 3, 2025 | Listed by Cap Rate Real Estate Group | $287,000 | |
| Listed by Cap Rate Real Estate Group | |||
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Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: On Street, Unpaved
Interior Details
Appliances: Washer Hookup
Exterior Details
Year Built: 1951
Building Area Total: 1287
Construction Materials: Stucco
Lot Size Area: 0.17
Lot Size Units: Acres
Lot Size Acres: 0.17
Lot Size Square Feet: 7405.2
Water Source: City
Financial Details
Tax Annual Amount: $2,024
Utilities Details
Cooling Type: Varies by Unit, Ceiling Fan(s), Window Unit(s)
Heating Type: Wall Furnace
Sewer : Public Sewer
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 Clardy Fox
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Listed by: Cristian Anibal Olague, Cap Rate Real Estate Group
Last Updated: 6 months ago
Data Source: GEPAR, MLS# 918038
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# 918038
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