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El Paso 79924 Tobin Park
9232 Raleigh Drive
$195,000
● House - Off Market

9232 Raleigh Drive

El Paso, TX 79924
bedrooms
4 Beds
bathrooms
2 Baths
$195,740
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Welcome to your dream home! This newly remodeled four bedroom, two bath house boasts modern finishes and upgrades throughout. The open concept floor plan is perfect for entertaining and family living. The bedrooms offer ample closet space and the new HVAC unit makes staying cool a breeze. The large backyard is perfect for BBQs and outdoor gatherings. Large shed in the back can be used for storage or turned into the ultimate personal getaway space. Don't miss your chance to make this house your home. Schedule a showing today!
Unit Size
-
Days on Market
16 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1958

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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 #875958)

Price History

Date / Event Date Event Price
Mar 16, 2023 Sold
Premium
Sold
Jan 27, 2023 Listed by StepStone Realty LLC $189,950
Listed by StepStone Realty LLC
Apr 15, 2019 Sold
Premium
Sold
Dec 12, 2018 Listed by Camacho Real Estate $106,000
Listed by Camacho Real Estate
Jan 16, 2015 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • 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: 3
  • 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: 3
  • Garage Square Area: 494
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,123
  • Total Building Area: 1,300
  • Gross Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 4
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOBIN PARK #2
  • Land Acres: 0000000141
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 32 TOBIN PARK #2 LOT 18

Neighborhood

  • School District Name: El Paso Independent School District
  • Census Tract: 000206

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: Z-34
  • Parcel: T527-999-0320-3500
  • Lot: 18
  • Municipality: CITY OF EL PASO
  • Latitude: 31.8743
  • Longitude: -106.412

    Address

  • Full Address: 9232 Raleigh Dr
  • Address - House Number: 9232
  • Address - Street Name: Raleigh
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: El Paso
  • Carrier Code: C003
  • 4-Digit Zip Code: 7234
  • Zip Code: 79924

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $377,008
  • Tax Rate Code Area: 08

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 75
  • Final Value: 175,767
  • High Value: 208,625
  • Low Value: 142,908

    Market Valuation

  • Market Total Value: $142,140
  • Market Land Value: $17,580
  • Market Improvement Value: $124,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,140
  • Assessed Land Value: $17,580
  • Assessed Improvements Value: $124,560

    Sales

  • Current Sale Contract Date: Mar 13, 2023
  • Current Sale Recording Date: Mar 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 18825
  • Previous Sale Recording Date: Dec 21, 2022
  • Previous Sale Contract Date: Dec 09, 2022
  • Previous Sale Amount: $105,552
  • Previous Sale Document Type: 71
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 Tobin Park

Stats & Trends

Median Asking:

$190,000

Sale Price/ft²

$109

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1548 ft²

Average Home Age

68.2 years

Currently For Sale

5 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 9513 Fairfax Street, El Paso, TX, 79924

$1,885 /mo

  • 4 Beds
  • 1 Bath
9513 Fairfax Street, El Paso, TX, 79924 Listing by Bryan Haddad

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Tony Jimenez, StepStone Realty LLC
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 875958
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 9232 Raleigh built and last sold?
The property at 9232 Raleigh was built in 1958 and last sold on Mar 13, 2023 for $233,415.
How much is this home worth?
The estimated value of the home located at 9232 Raleigh is $191,850.
What are some comparable homes to 9232 Raleigh?
There are currently no comparable homes to 9232 Raleigh.
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