$72,000
●
House -
Off Market
8409 DRAKE #0
El Paso, TX 79907
3 Beds
2 Baths
1,477 Ft²
$157,682
RealtyHop Estimate
110.52%
Since Jul 1, 2010
National-US
Primary Model
About This Property
This home offers 3 bedrooms and 1 3/4 baths. It is located on a
cul-de-sac lot near Alameda and the Border Highway. Elementary
school and city park within walking distance.
Unit Size
1,477 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$51
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1976
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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 years ago (GEPAR MLS #387417)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2009 | Listed by RE/MAX Associates | $79,000 | |
| Listed by RE/MAX Associates | |||
| | |||
|
MUST SELL!! Cul-de-sac lot with wrought iron fence in front and security bars on windows. Open floor plan. Home has 3 bedrooms, 1 and 3/4 baths, living/dining room combo. Property is around the corner from Alameda and minutes away from Border Highway, Zaragosa Bridge and elementary school.
| |||
| Oct 22, 2008 | Sold | ||
| Sold | |||
| May 27, 2008 | Listed by Success Realty Inc. | $95,000 | |
| Listed by Success Realty Inc. | |||
| | |||
|
NIECE HOUSE AND NEIGHBORHOOD AT A PRIVATE CULDE SAC, 4 BRMS, 2 BA, LARGE LIVING ROOM WITH FIREPLACE, KITCHEN, WROUGTH IRON DOORS, PRIVATELY GATED FRONT WITH A RV PARKING OR BIG TRUCK, CAN FIT 6 CARS AT FRONT. NIECE BACK YARD WITH COVER PATIO, CAN BE LEASE TO OWN, AND NEEDS SOME TLC, PROPERTY WILL BE SELLING AS IS. BRING OFFERS WITH PREQUALIFIED LETTER.
| |||
| Nov 8, 2007 | Listed by Stanton Realty | $89,950 | |
| Listed by Stanton Realty | |||
| | |||
|
Great home for an experienced handyman or flipper. Cul-de-sac lot w/ a wrought iron fence in front and security bars on windows.Three bedroom, 1 and 3/4 baths. Living/dining room is nice and open. Property is around the corner from Alameda, minutes from the Border Highway, Zaragosa Bridge and elementary school.
| |||
| Dec 30, 2005 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Shawver Park
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Listed by: Arturo Palomares, ERA Sellers & Buyers Real Esta
Last Updated: 3 years ago
Data Source: GEPAR, MLS# 387417
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 years ago
Data Source: GEPAR, MLS# 387417
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