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El Paso 79915 Cedar Grove
7348 Mimosa Avenue
$107,000
● House - Off Market

7348 Mimosa Avenue

El Paso, TX 79915
bedrooms
4 Beds
bathrooms
0 Bath
$110,185
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

A MUST SEE!!! Come see this Clean and Spacious 4 bedroom, 2-3/4 baths home. Kitchen has plenty of cabinets for storage. Roof is a year old, 2+refrigerated units,   Car Port fits 2 cars, Easy access to the Border Highway, walking distances to Riverside Middle & High School. The back of the house could be converted into a Studio, good source for additional income.
Unit Size
-
Days on Market
952 days
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$217
HOA Dues
-
Year Built
1957

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 5 months ago (GEPAR MLS #812553)

Price History

Date / Event Date Event Price
Mar 1, 2022 Sold
Premium
Sold
Jul 23, 2019 Listed by Home Pros Real Estate Group $107,000
Listed by Home Pros Real Estate Group

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • 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: 24
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,557
  • Total Building Area: 1,626
  • Gross Building Area: 1,898
  • Building Area: 1,626
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 10
  • Heating: 18
  • Heated Square Feet: 1,626
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR GROVE PARK
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 27 CEDAR GROVE PARK REPLAT LOT 23 (5557 SQ FT)

Neighborhood

  • School District Name: Ysleta Independent School District
  • Census Tract: 003702

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: Z-28
  • Parcel: C301-999-0270-4500
  • Block: 27
  • Lot: 23
  • Municipality: CITY OF EL PASO
  • Latitude: 31.7384
  • Longitude: -106.383

    Address

  • Full Address: 7348 Mimosa Ave
  • Address - House Number: 7348
  • Address - Street Name: Mimosa
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: El Paso
  • Carrier Code: C005
  • 4-Digit Zip Code: 4344
  • Zip Code: 79915

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $216,308
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 70
  • Final Value: 157,862
  • High Value: 191,571
  • Low Value: 124,154

    Market Valuation

  • Market Total Value: $186,665
  • Market Land Value: $10,923
  • Market Improvement Value: $175,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,441

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 2019
  • Current Sale Recording Date: Sep 05, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20190068167
  • Previous Sale Recording Date: Apr 03, 2012
  • Previous Sale Contract Date: Mar 30, 2012
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: 70
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 Cedar Grove

Stats & Trends

Median Asking:

$152,750

Sale Price/ft²

$138

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1218 ft²

Average Home Age

71.2 years

Currently For Sale

5 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 536 James Street, El Paso, TX, 79915

$1,900 /mo

  • 3 Beds
  • 2 Baths
536 James Street #B, El Paso, TX, 79915 Listing by Adriana Castro
Unit for rent at 7600 Franklin Drive, El Paso, TX, 79915

$1,995 /mo

  • 3 Beds
  • 1 Bath
7600 Franklin Drive #FRONT, El Paso, TX, 79915 Listing by Lisa M Swiger

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Jose Alberto Rodriguez, Home Pros Real Estate Group
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 812553
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 7348 Mimosa built and last sold?
The property at 7348 Mimosa was built in 1957 and last sold on Aug 29, 2019 for $128,500.
How much is this home worth?
The estimated value of the home located at 7348 Mimosa is $0.
What are some comparable homes to 7348 Mimosa?
There are currently no comparable homes to 7348 Mimosa.
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