$130,000 Last Listed Price
●
House -
Off Market
940 Marlow Road
El Paso, TX 79905
3 Beds
1 Bath
1,454 Ft²
$137,189
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
Feel at ease driving up to your freshly painted home, low
maintenance front yard and parking under your carport. The formal
living room greets you and your guests with warmth from the carpet
and leads you into the kitchen. From the kitchen you can decide to
dine in the breakfast nook that's surrounded by built ins or enjoy
the casual living room and dining room. Tucked secertly in the
living room is a cedar closet that rivals a walk in closet. Laundry
room is also located from the causal living room. All three
bedrooms have the comfort of carpet under your feet with the
bathroom located conveniently near the bedrooms. You'll be able to
experience the convenient location and yet peace of mind when
coming home to 940 Marlow Road.
Unit Size
1,454 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$89
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1953
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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 (HAR #27899155)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 14, 2025 | Sold | ||
| Sold | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by Home Quest Realty | $209,700 | |
| Listed by Home Quest Realty | |||
   | |||
|
Excellent investment opportunity in the heart of El Paso. This single-family home features 4 bedrooms, 2 bathrooms, and approximately 1,500 square feet of living space on a 6,534 square foot lot. Originally built in 1953, it offers classic charm in a prime location within the Tejas neighborhood.
The property is currently tenant-occupied, generating steady rental income of $1,700 per month. Priced at $209,700, it delivers immediate cash flow and strong investment potential.
Conveniently located near major roads, schools, and amenities, this property is a valuable addition to any real estate portfolio.
| |||
| Nov 22, 2022 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by Keller Williams HoustonCentral | $130,000 | |
| Listed by Keller Williams HoustonCentral | |||
| | |||
|
Feel at ease driving up to your freshly painted home, low maintenance front yard and parking under your carport. The formal living room greets you and your guests with warmth from the carpet and leads you into the kitchen. From the kitchen you can decide to dine in the breakfast nook that's surrounded by built ins or enjoy the casual living room and dining room. Tucked secertly in the living room is a cedar closet that rivals a walk in closet. Laundry room is also located from the causal living room. All three bedrooms have the comfort of carpet under your feet with the bathroom located conveniently near the bedrooms. You'll be able to experience the convenient location and yet peace of mind when coming home to 940 Marlow Road.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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Baths
ft²
Price/ft²
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Asking Price
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Closing Price
Sold On
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HOA + Taxes
About El Paso
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Listed by: Anette Serrano, Keller Williams HoustonCentral
Last Updated: 5 months ago
Data Source: HAR , MLS# 27899155
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Last Updated: 5 months ago
Data Source: HAR , MLS# 27899155
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