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El Paso 79904 Park Foothills
8307 MAGNETIC
$82,000
● House - Off Market

8307 MAGNETIC

El Paso, TX 79904
bedrooms
3 Beds
bathrooms
1 Bath
$198,206
RealtyHop Estimate
133.18%
Since Jun 1, 2003
National-US
Primary Model

About This Property

GARDENER`S DELIGHT! BEAUTIFUL BACKYARD WITH GARDEN AREA GAZEBO! NO NEIGHBORS BEHIND NICE MTN VIEW! HUGE DEN WITH LOTS OF WINDOWS OVERLOOKING GARDEN. HOT TUB ROOM. TRIO A/C, COMBO REFRIG EVAP. RECENT ROOF, REMODELED BATHS.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$126
HOA Dues
-
Year Built
1958

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 #214133)

Price History

Date / Event Date Event Price
May 20, 2003 Sold
Premium
Sold
Sep 4, 2002 Listed by Prudential BKB, REALTORS $85,000
Listed by Prudential BKB, REALTORS

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 2,378
  • Gross Building Area: 2,378
  • Building Area: 1,958
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 10
  • Heating: 4
  • Heated Square Feet: 1,958
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK FOOTHILLS
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 13 PARK FOOTHILLS E 100 FT OF 227 (7500.00 SQ FT)

Neighborhood

  • School District Name: El Paso Independent School District
  • Census Tract: 000401

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: Z-23
  • Parcel: P324-999-0130-6100
  • Block: 13
  • Municipality: CITY OF EL PASO
  • Latitude: 31.8557
  • Longitude: -106.455

    Address

  • Full Address: 8307 Magnetic St
  • Address - House Number: 8307
  • Address - Street Name: Magnetic
  • Address - Suffix Type: St
  • State: TX
  • City Name: El Paso
  • Carrier Code: C034
  • 4-Digit Zip Code: 2538
  • Zip Code: 79904

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $410,805
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.2046
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 72
  • Final Value: 243,893
  • High Value: 293,807
  • Low Value: 193,980

    Market Valuation

  • Market Total Value: $196,245
  • Market Land Value: $19,044
  • Market Improvement Value: $177,201

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,578

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2003
  • Current Sale Recording Date: May 29, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20030049362

    Financing

  • First Mortgage Financing Type: ADJ
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 Park Foothills

Stats & Trends

Median Asking:

$261,000

Sale Price/ft²

$140

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2350 ft²

Average Home Age

61.3 years

Currently For Sale

4 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

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Barry Karch, Prudential BKB, REALTORS
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 214133
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 8307 Magnetic Drive built and last sold?
The property at 8307 Magnetic Drive was built in 1958 and last sold on May 16, 2003 for $92,300.
How much is this home worth?
The estimated value of the home located at 8307 Magnetic Drive is $0.
What are some comparable homes to 8307 Magnetic Drive?
There are currently no comparable homes to 8307 Magnetic Drive.
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