Off-Market Property at 12074 Ruby Gate Way, El Paso, TX, 79936

12074 Ruby Gate Way, El Paso, TX, 79936

$700,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $168 per day, based on similar listings in the area. Estimated short-term cap rate of -4.6%. Nestled in the prestigious StoneGate community, this luxurious turn-key home is a masterpiece of design and comfort. Spanning a generous lot, this property is a haven of elegance with multiple living and entertaining areas, perfect for a sophisticated lifestyle. The heart of the home is its resort-style backyard, complete with an expansive outdoor covered patio, meticulously designed for relaxation and social gatherings. The interiors boast an open floor plan that bathes each room in natural light. This exquisite space is ideal for both grand entertaining and intimate living. This home boasts 5 bedrooms, 4 bathrooms, a study office, and a flex/game room. The primary suite offers a walk-in closet, dual sinks, soaking tub, and shower. The kitchen includes a gas cooktop, island, wine fridge, and flows into the living room. A 3-car garage provides ample storage. Close to restaurants and shopping, the seller is open to concessions for carpeting, allowing personal customization

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$200
Rental Policy
daily
Yearly Taxes
$14278
Bedrooms
5
Bathrooms
4
SQFT
5,024
Furnished
unknown
Year built
2000
Listing Status
Off Market
MLS
893392

Short-term Rental Potential
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$28,896

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$139

Price/SQFT