7152 MESQUITE TREE Lane
About This Property
Solar Panels paid off. Picture living in Northeast El Paso's growing Mesquite Hills area, where convenience and comfort come together. Quick access to US-54, making commutes across the city and toward Fort Bliss convenient while keeping shopping, dining, and daily essentials nearby. Residents enjoy access to neighborhood parks, open spaces, and views of the Franklin Mountains, creating opportunities for time outdoors close to home. The area continues to see new residential growth and nearby development, adding to the energy and long-term appeal of the community. Families moving to the area often appreciate the nearby schools, along with additional charter school options nearby. Envision being minutes from local attractions like Camp Cohen Water Park, Painted Dunes Golf Course, Northeast Regional Skate Park, and growing retail corridors that continue to expand throughout Northeast El Paso.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Relisted | $219,999 | |
| Relisted | |||
| Jul 14, 2026 | In contract | - | |
| In contract | |||
| Jul 3, 2026 | Price Decreased |
$219,999
↓ $5K
(2.2%) | |
| Price Decreased | |||
| Jun 3, 2026 | Listed by eXp Realty LLC | $224,999 | |
| Listed by eXp Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017