Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1504 Pintoresco Dr El Paso, TX 79935-3718
    Back to Search
    Property profile & analytics

    1504 Pintoresco Dr, El Paso, TX 79935-3718

    View on Map
    • Apartment buildings
    • 1,371 SF
    • 0.06 lot acres
    Off-Market
    Last Sale Feb 12, 2025
    Property ID
    US82-1278225
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1504 Pintoresco Dr

    Year built
    1983
    Lot size
    0.06 lot acres
    Property type
    Apartment buildings
    APN
    V893-999-032C-1000
    APU
    V893999032C1000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 12, 2025 — Mrp 79936 LLC Mendez Real Properties LLC Deed $126k · Change Lending LLC
    May 10, 2023 — Mendez Real Properties LLC — Deed · related $113k · Change Lending LLC
    Dec 18, 2018 — Edward Martinez Albert,donna R & Brian M Grant Deed · related $91k · Firstlight FCU
    Nov 20, 2018 — Edward Martinez Donna R Albert Venders Lien $91k · Firstlight FCU
    Mar 30, 2009 — Donna R Herberger Ijm Market Properties Warranty Deed $77k · City Bank Mortgage
    — — Edward Martinez — Deed Of Trust · related $91k · Firstlight FCU

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Paso
    County
    El Paso
    State
    Texas
    Longitude
    -106.331
    Latitude
    31.762
    CBSA code
    21340
    CBSA name
    EL PASO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,370
    $12,641
    $137,503
    $150,144
    -
    $12,641
    $137,503
    $150,144

    Comparable in this City

    • Value Estimation by Request
      1,410 SF

      1502 Pintoresco Dr

      APARTMENT HOUSE (5+ UNITS)
      1502 Pintoresco Dr, El Paso, TX 79935-3718
      View Details
    • Value Estimation by Request
      1,075 SF

      1510 Pintoresco Dr

      APARTMENT HOUSE (5+ UNITS)
      1510 Pintoresco Dr, El Paso, TX 79935-3718
      View Details
    • Value Estimation by Request
      1,419 SF

      1513 Pintoresco Dr

      APARTMENT HOUSE (5+ UNITS)
      1513 Pintoresco Dr, El Paso, TX 79935-3719
      View Details
    • Value Estimation by Request
      901 SF

      1507 Pintoresco Dr

      APARTMENT HOUSE (5+ UNITS)
      1507 Pintoresco Dr, El Paso, TX 79935-3719
      View Details
    • Value Estimation by Request
      1,371 SF

      1506 Pintoresco Dr

      APARTMENT HOUSE (5+ UNITS)
      1506 Pintoresco Dr, El Paso, TX 79935-3718
      View Details
    • Value Estimation by Request
      1,409 SF

      1508 Pintoresco Dr

      APARTMENT HOUSE (5+ UNITS)
      1508 Pintoresco Dr, El Paso, TX 79935-3718
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,323 SF

      Retail Property with Medical Office

      Retail property featuring a renovated eye/medical office space.
      10952 Ben Crenshaw Dr, El Paso, TX 79935
      View Details
    • Contact for pricing

      El Paso Medical Office Buildings

      Two medical office buildings for sale on high-traffic Lee Trevino.
      1721 Lee Trevino Dr, El Paso, TX 79935
      View Details
    • Contact for pricing
      1,400 SF

      Turn-Key Restaurant/Commercial Kitchen Opportunity

      Fully renovated restaurant/commercial kitchen near Hanks High School.
      10978 Montwood Dr, El Paso, TX 79935
      View Details
    • $1,550,000
      Pending

      El Paso Industrial Building For Sale

      11,484 SF industrial building with office space and paint booth.
      11020 Argal Ct, El Paso, TX 79935
      View Details
    • Contact for pricing
      130,000 SF

      El Paso Industrial Warehouse Space

      130,000 SF industrial space for lease in El Paso.
      1430 Vanderbilt Dr, El Paso, TX 79935
      View Details
    • $6,230,000
      18,697 SF

      El Paso Medical Office Buildings

      Two medical office buildings for sale on high-traffic corridor.
      1721 Lee Trevino Dr, El Paso, TX 79935
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      45,000 SF

      El Paso Warehouse Space Available

      45,000 sq ft warehouse space for lease.
      11201 Armour Dr, El Paso, TX 79935
      View Details
    • Contact for pricing
      2,400 SF

      Restaurant Space with Drive-Thru Potential

      Restaurant space available for rent with drive-thru potential.
      2050 Trawood Dr, El Paso, TX 79935
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space on N Yarbrough

      Retail space available for rent on N Yarbrough Drive.
      1188 N Yarbrough Dr, El Paso, TX 79935
      View Details
    • Contact for pricing

      El Paso Flex/Industrial Space

      124,732 SF flex, industrial, and self-storage space for rent.
      1430 Vanderbilt Dr, El Paso, TX 79935
      View Details
    • Contact for pricing
      1,020 SF

      Retail Space Available For Rent

      Retail space available for lease in El Paso, Texas.
      1815 Trawood Dr, El Paso, TX 79935
      View Details
    • $15 SF/Yr
      37,897 SF

      New Retail Space in El Paso

      New shopping center with high visibility and flexible layouts.
      10970 Ben Crenshaw Dr, El Paso, TX 79935
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1504 Pintoresco Dr
    El Paso, TX 79935-3718
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1504 Pintoresco Dr, El Paso, TX, 79935
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!