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El Paso 79835
7848 ENCHANTED PATH Drive
$470,000
● House - Off Market

7848 ENCHANTED PATH Drive

El Paso, TX 79911
bedrooms
5 Beds
bathrooms
3 Baths
$485,939
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Gorgeous 5 bedroom, 3 bathroom home with refrigerated air, bonus room, loft, solar panels, tank-less water heaters, a water softening system, views and more!! This home has a formal space that could be utilized as a living or dining as well as a butler's pantry. One guest bedroom and the bonus room are downstairs; all other bedrooms are up.
Unit Size
-
Days on Market
34 days
Land Size
0.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$742
HOA Dues
-
Year Built
2018

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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 #866453)

Price History

Date / Event Date Event Price
Aug 16, 2022 Sold
Premium
Sold
Jul 13, 2022 Listed by RE/MAX Associates $470,000
Listed by RE/MAX Associates

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 18
  • Floor Count: 200
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 618
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,268
  • Total Building Area: 3,798
  • Gross Building Area: 3,990
  • Building Area: 3,180
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 4
  • Heated Square Feet: 3,180
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ENCHANTED HILLS #3
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: BLK 10 ENCHANTED HILLS #3 LOT 14

Neighborhood

  • School District Name: Canutillo Independent School District
  • Census Tract: 010220

Zoning

  • Zoning: R5S

Geography

  • Parcel: E855-999-0100-1400
  • Block: 10
  • Lot: 14
  • Municipality: CITY OF EL PASO
  • Latitude: 31.9168
  • Longitude: -106.572

    Address

  • Full Address: 7848 Enchanted Path Dr
  • Address - House Number: 7848
  • Address - Street Name: Enchanted Path
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: El Paso
  • Carrier Code: R043
  • 4-Digit Zip Code: 7513
  • Zip Code: 79911

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,323,304
  • Tax Rate Code Area: 18

    Appraisal Valuation

  • Standard Deviation: 0.1543
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 81
  • Final Value: 283,181
  • High Value: 326,900
  • Low Value: 239,462

    Market Valuation

  • Market Total Value: $485,133
  • Market Land Value: $68,399
  • Market Improvement Value: $416,734

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $485,133
  • Assessed Land Value: $68,399
  • Assessed Improvements Value: $416,734

    Sales

  • Current Sale Contract Date: Aug 16, 2022
  • Current Sale Recording Date: Aug 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 77603
  • Previous Sale Recording Date: Dec 05, 2018
  • Previous Sale Contract Date: Nov 30, 2018
  • Previous Sale Amount: $314,000
  • 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 El Paso

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$158

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1810 ft²

Average Home Age

36.9 years

Currently For Sale

1201 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 7799 Enchanted View Drive, El Paso, TX, 79911

$2,595 /mo

  • 3 Beds
  • 2 Baths
  • 2,041 ft²
7799 Enchanted View Drive, El Paso, TX, 79911 Listing by Jaime Mora

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Tim G Keepers, RE/MAX Associates
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 866453
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 7848 Enchanted Path Drive built and last sold?
The property at 7848 Enchanted Path Drive was built in 2018 and last sold on Aug 16, 2022 for $500,080.
How much is this home worth?
The estimated value of the home located at 7848 Enchanted Path Drive is $0.
What are some comparable homes to 7848 Enchanted Path Drive?
There are currently no comparable homes to 7848 Enchanted Path Drive.
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