Off-Market Property at 1016 Calle Parque Dr, El Paso, TX, 79912

1016 Calle Parque Dr, El Paso, TX, 79912

$455,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $250 per day and long-term for an average of $3,000 per month, based on similar listings in the area. Estimated short-term cap rate of 0.3%. Estimated long-term cap rate of -1.4%. Welcome to your future home in the heart of El Paso's desirable Park Hills neighborhood! This beautifully maintained 1998 residence offers a splendid canvas for you to transform into your dream home with a few kitchen and bathroom upgrades. With a generous 2714 sqft of living space, this home provides ample room for you to grow and thrive. Enjoy the perfect blend of formal and informal living spaces. The elegant formal living and dining rooms are ideal for hosting gatherings and special occasions, while the cozy kitchen breakfast nook is perfect for casual meals. The heart of the home is the great room, complete with a fireplace, which seamlessly flows to the backyard, making it ideal for indoor-outdoor living and entertainment. The backyard is home to a refreshing pool, providing the perfect space for you to enjoy unobtrusive views of the mountain and the gorgeous sunsets that our city is famous for. This gem is awaiting your personal touch to transform it into the perfect modern haven. Come See It.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$13507
Bedrooms
4
Bathrooms
4
SQFT
2,713
Furnished
unknown
Year built
1998
Listing Status
Off Market
MLS
889522

Short-term Rental Potential
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$44,124

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$167

Price/SQFT

Long-term Rental Potential
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$36,000

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$3,000/mo

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