$75,000
●
Land -
Off Market
825 Neyla Drive
El Paso, TX 79932
Studio
0 Bath
$120,578
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model
About This Property
One truly amazing half acre residential lot in a developed
neighborhood in the beautiful, peaceful upper valley. It is
conveniently located and the quiet is impressive. Build your
own custom American dream home right here. You'll have all your
utilities available to begin. This is one of the two
remaining lots on this nice street. The land includes
irrigation rights. Horses are allowed. Only one house per lot and a
minimum 2,600 sq ft. per house. You must see to fully
appreciate. Seller Financing options would be considered.
Unit Size
-
Days on Market
252 days
Land Size
0.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$145
HOA Dues
-
Year Built
2021
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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 #803977)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Feb 6, 2025 | Price Decreased |
$920,000
↓ $75K
(7.5%) | |
| Price Decreased | |||
| Nov 11, 2024 | Listed by Sandy Messer And Associates | $995,000 | |
| Listed by Sandy Messer And Associates | |||
   | |||
|
Experience this one-of-a-kind Modern Hacienda in the desirable Upper Valley neighborhood. This single-story custom home, built by VILLAGI CUSTOM HOMES, exudes opulence and thoughtful design.
Enter through a custom solid wood arched door to discover an extraordinary Spanish-style masterpiece with soaring ceilings throughout. The open concept living area features three arched French doors that open to the courtyard, lush green backyard, and a heated saltwater pool, complete with a convenient outdoor guest bathroom.
Exquisite kitchen with granite countertops, custom cabinetry, designer hardware, and stainless-steel appliances. A unique oversized island with seating for eight flows seamlessly into the dining area, perfectly situated for entertaining at the heart of the home.
Situated on a half-acre lot within a developed, peaceful cul-de-sac, the property is fully irrigated and permits horses. Additional features include a 3-car garage, easy highway access, and nearby walking and bicycle trails.
| |||
| Jun 29, 2020 | Sold | ||
| Sold | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About El Paso
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Listed by: Sergio Pena, Ultima Real Estate
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 803977
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# 803977
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