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El Paso 79925 Cielo Vista South
8412 Lait Drive
$235,000
● House - Off Market

8412 Lait Drive

El Paso, TX 79925
bedrooms
4 Beds
bathrooms
1 Bath
$242,719
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Incredible home in a wonderful neighborhood! 8412 Lait Drive 79925 is a 4 bedroom home with 1869 sqft on a large lot (9495 sqft)! This home is ready for a makeover or a vintage lover to treasure since it was built in 1966 and has lots of original features to make your own. Don't miss out on this home that is located close to schools, parks, shopping and so much more.
Unit Size
-
Days on Market
83 days
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$390
HOA Dues
-
Year Built
1966

Payment Calculator

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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 #868789)

Price History

Date / Event Date Event Price
Nov 17, 2022 Sold
Premium
Sold
Aug 26, 2022 Listed by New Beginnings Realty- 2064 $230,000
Listed by New Beginnings Realty- 2064

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,495
  • Total Building Area: 2,329
  • Gross Building Area: 2,785
  • Building Area: 1,869
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 4
  • Heated Square Feet: 1,869
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNNUMBERED CIELO VISTA PARK #N
  • Land Acres: 0000000218
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 100 CIELO VISTA PARK #N LOT 8 (9495 SQ FT)

Neighborhood

  • School District Name: El Paso Independent School District
  • Census Tract: 003404

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: Z-40
  • Parcel: C518-999-1000-1500
  • Lot: 8
  • Municipality: CITY OF EL PASO
  • Latitude: 31.7813
  • Longitude: -106.375

    Address

  • Full Address: 8412 Lait Dr
  • Address - House Number: 8412
  • Address - Street Name: Lait
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: El Paso
  • Carrier Code: C086
  • 4-Digit Zip Code: 5017
  • Zip Code: 79925

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $387,571
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 73
  • Final Value: 272,944
  • High Value: 327,764
  • Low Value: 218,125

    Market Valuation

  • Market Total Value: $276,204
  • Market Land Value: $32,093
  • Market Improvement Value: $244,111

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $276,204
  • Assessed Land Value: $32,093
  • Assessed Improvements Value: $244,111

    Sales

  • Current Sale Contract Date: Nov 17, 2022
  • Current Sale Recording Date: Nov 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 106050
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 Cielo Vista South

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1394 ft²

Average Home Age

62.9 years

Currently For Sale

7 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 7405 Edgemere Boulevard, El Paso, TX, 79925

$1,795 /mo

  • 3 Beds
  • 2 Baths
7405 Edgemere Boulevard, El Paso, TX, 79925 Listing by Belinda Duran
Unit for rent at 7107 Parkland Drive, El Paso, TX, 79925

$1,995 /mo

  • 3 Beds
  • 1 Bath
7107 Parkland Drive #1, El Paso, TX, 79925 Listing by Candace Nicole Vasquez

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Renee McLerran, New Beginnings Realty- 2064
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 868789
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 8412 Lait Drive built and last sold?
The property at 8412 Lait Drive was built in 1966 and last sold on Nov 17, 2022 for $230,300.
How much is this home worth?
The estimated value of the home located at 8412 Lait Drive is $232,300.
What are some comparable homes to 8412 Lait Drive?
There are currently no comparable homes to 8412 Lait Drive.
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