4
Map
$490,000
●
Land -
Off Market
7840 Mansfield Avenue
El Paso, TX 79915
Studio
0 Bath
$2,564
Est. Monthly
About This Property
Ideally situated near Yarbrough Drive and Loop 375, this offers
3.45 acres of prime R-F zoned land in a thriving area of southeast
El Paso. Its proximity to high-traffic commercial corridors
positions it perfectly for long-term growth and potential rezoning
opportunities. With level topography, street access from Mansfield,
and potential connectivity to Loop 375 and the Cesar Chavez Border
Highway, this site combines ease of development with strategic
visibility. The surrounding corridor continues to see strong
economic momentum, driven by retail growth, logistics, and housing
expansion that make this an ideal location. The property's
accessibility, open layout, and urban-edge position make it a
valuable asset for those envisioning future residential,
commercial, or mixed-use potential within one of the city
Unit Size
-
Days on Market
-
Land Size
3.45 acres
Price per sqft
-
Property Type
Land
Property Taxes
$158
HOA Dues
-
Year Built
-
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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: 3 months ago (GEPAR MLS #943322)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 4, 2026 | Listed by Cap Rate Real Estate Group | $490,000 | |
| Listed by Cap Rate Real Estate Group | |||
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 17, 2026 | Price Decreased |
$490,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Oct 20, 2025 | Listed by Cap Rate Real Estate Group | $500,000 | |
| Listed by Cap Rate Real Estate Group | |||
   | |||
|
Ideally situated near Yarbrough Drive and Loop 375, this offers 3.45 acres of prime R-F zoned land in a thriving area of southeast El Paso. Its proximity to high-traffic commercial corridors positions it perfectly for long-term growth and potential rezoning opportunities. With level topography, street access from Mansfield, and potential connectivity to Loop 375 and the Cesar Chavez Border Highway, this site combines ease of development with strategic visibility. The surrounding corridor continues to see strong economic momentum, driven by retail growth, logistics, and housing expansion that make this an ideal location. The property's accessibility, open layout, and urban-edge position make it a valuable asset for those envisioning future residential, commercial, or mixed-use potential within one of the city
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Thomas Manor
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Cristian Anibal Olague, Cap Rate Real Estate Group
Last Updated: 3 months ago
Data Source: GEPAR, MLS# 943322
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: 3 months ago
Data Source: GEPAR, MLS# 943322
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