$245,000
●
House -
Off Market
7016 RED MAN Drive
El Paso, TX 79934
4 Beds
2 Baths,
1
Half Bath
$1,915
Est. Monthly
5.59%
Cap Rate
About This Property
Welcome home to this enchanting retreat, where warmth & elegance
converge in every detail. Step into the bright, inviting living
area where soaring vaulted ceilings & sunlight streaming through
expansive windows create a truly breathtaking first impression. A
graceful arched entryway leads seamlessly into the heart of the
home that boasts rich, dark cabinetry & gleaming granite
countertops. Escape to the primary suite, a spacious retreat
designed with relaxation in mind. Enjoy the ensuite bathroom
featuring dual sinks, tub/shower combo & plenty of counter space
for your essentials. The versatile upstairs loft offers an
additional flex space, ready to be transformed into a cozy lounge
area, entertainment center, or a peaceful reading nook, tailored to
suit your lifestyle needs. A gorgeous pergola offers shaded seating
for al fresco dining, while the stone-lined patio area is perfect
for soaking up the sun or gathering with loved ones around a fire
pit on cool evenings.
Unit Size
-
Days on Market
56 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$638
HOA Dues
-
Year Built
2015
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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 #910144)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Listed by Keller Williams Realty | $260,000 | |
| Listed by Keller Williams Realty | |||
| Nov 17, 2015 | Sold | ||
| Sold | |||
| Jun 20, 2015 | Listed by New Beginnings Realty-1964 | $149,950 | |
| Listed by New Beginnings Realty-1964 | |||
| | |||
|
CLASSIC AMERICAN HOME THE COLUMBUS PLAN #E8172S Economy Series, 2 story home, 4 bedrooms, master downstairs with other 3 bedrooms and loft upstairs, 2 full baths, 1 half bath, great room. Mini blinds on major windows, front yard grass or rock landscaping.
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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ft²
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About El Paso
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Listed by: Derek G. Dalition, Keller Williams Realty
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 910144
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# 910144
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