Off-Market Property at 14901 Karen Kay DR Dr, El Paso, TX, 79938

14901 Karen Kay DR Dr, El Paso, TX, 79938

$185,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $151 per day and long-term for an average of $1,755 per month, based on similar listings in the area. Estimated short-term cap rate of 8.4%. Estimated long-term cap rate of 3.0%. Welcome to your new home! This charming 2 bedroom, 2 bathroom property is perfect for those looking for a peaceful oasis. Situated on a generous .53 acre lot, this detached house offers plenty of room for you and your family to spread out and enjoy the outdoors. Horses are allowed, making it the ideal property for equestrian lovers. Inside, you'll find a cozy and inviting living space with an open concept layout. The home features a septic tank and sits on a corner lot, offering additional privacy. The unfinished add-on, totaling 230 sq ft, provides endless potential for customization and expansion. With room for growth, this house is perfect for those looking to make it their own. Don't miss out on this incredible opportunity. Contact us today to schedule a viewing and see all the potential this property holds!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3727
Bedrooms
2
Bathrooms
2
SQFT
1,459
Furnished
unknown
Year built
1991
Listing Status
Off Market
MLS
890557

Short-term Rental Potential
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$31,128

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$126

Price/SQFT

Long-term Rental Potential
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$21,060

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,755/mo

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