$199,000
●
Multifamily -
Off Market
700 Espada Drive #B
El Paso, TX 79912
3 Beds
2 Baths,
1
Half Bath
$299,926
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
New custom construction near St. Francis church & Coronado Country
Club on a quiet street. Simple and elegant 3 bedrooms/2.5 baths/1
car garage with zero maintenance yard. Upgrades include a tankless
hot water heater and custom tile! Featuring 3 bedrooms, 2.5
bathrooms, charming covered entry, one car garage with automatic
opener, high ceilings, recessed lighting, laundry room, and living
room/dining room combo. Open concept kitchen with granite island
,stainless steel appliances including disposal, gas stove,
dishwasher, microwave,. Master suite includes French door to shady
spacious balcony where you can enjoy incredible mountain views!
Master bathroom includes double sinks, linen closet, granite
counters and custom tiled shower. Low maintenance front yard, tile
entry, backyard with tile patio & puppy friendly artificial turf!
Energy efficient features include over-sized double pane windows
and R19/R30 insulation.
Unit Size
-
Days on Market
469 days
Land Size
0.14 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
2018
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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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 #750781)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2019 | Sold | ||
| Sold | |||
| Jul 20, 2018 | Listed by ERA Sellers & Buyers Real Esta | $204,900 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
Property Highlights
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Ceiling Fan(s), Kitchen Island, Walk-In Closet(s), LR DR Combo, Master Up
Appliances: Dishwasher, Disposal, Free-Standing Gas Oven, Dryer Hookup
Flooring Type: Tile, Carpet
Laundry Features: Washer Hookup
Rooms: 9
Exterior Details
Has Property Attached
Architectural Style: 2 Story
Year Built: 2018
Builder Name: ARIA Construction Inc
Building Area Total: 1626
Window Features: No Treatments
Construction Materials: Stucco
Patio and Porch Features: Covered
Lot Features: Subdivided, View Lot
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Acres: 0.14
Lot Size Square Feet: 1966
Water Source: City
Utilities Details
Cooling Type: Ceiling Fan(s), Refrigerated
Heating Type: Natural Gas
Sewer : Public Sewer
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
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/07/2022
|
2 Bed
|
2 Bath
|
-
|
$299,000
2 Bed
2 Bath
|
$299,000
09/16/2022
|
Mari Hidalgo
Home Pros Real Estate Group
| |
|
07/20/2018
|
3 Bed
|
2 Bath
|
-
|
$215,900
3 Bed
2 Bath
|
$215,900
06/26/2019
|
Debbi Hester
ERA Sellers & Buyers RE
| |
|
07/20/2018
|
3 Bed
|
2 Bath
|
-
|
$204,900
3 Bed
2 Bath
|
$199,000
-2.88%
11/01/2019
|
Debbi Hester
ERA Sellers & Buyers RE
| |
|
07/20/2018
|
3 Bed
|
2 Bath
|
-
|
$215,900
3 Bed
2 Bath
|
$215,900
04/18/2019
|
Debbi Hester
ERA Sellers & Buyers RE
| |
|
10/27/2016
| |
Studio
|
-
|
-
|
$90,000
Studio
-
|
$73,000
-18.89%
02/17/2017
|
Giles M Weisenberger
Coldwell Banker Heritage R E
|
Building Info
About Thunderbird
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Listed by: Debbi Hester, ERA Sellers & Buyers Real Esta
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 750781
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# 750781
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