El Paso Move GuideFinished now, on a 7,129 sq ft lot, at $397,000
October 7, 2026 · by Juan C. Baquera Jr., REALTOR®
Heritage II elevation, shown on a finished Diamond Homes home at a different address (the curb number in the photo is that home's). Builder photo, used with permission. The exterior colors, stone and landscaping at 540 Paseo De La Reina St may differ, so see it in person.
540 Paseo De La Reina St is a Diamond Homes new build in Paseo Del Este, listed at $397,000. It earned this month's spot on two checkable facts from the builder's inventory sheet at publication.
- It is finished. It is one of four homes on this site marked move-in ready. Everything else is still under construction, with completion dates running from mid-October to late January, or has no completion date published yet.
- It has the most land in its community. At 7,129 sq ft per the builder, its lot is the largest of any available home in Paseo Del Este.
The trade-off is the price per foot, and it belongs up front. At about $201 per square foot, this was the highest of any available home on this site with a published price. The lowest was about $186. Price per foot ignores the lot, the finish package and the fact that this house is done, so it is a blunt measure. You should still know where the house sits on it.
Price and status as of October 7, 2026.
The facts
- Address
- 540 Paseo De La Reina St, El Paso, TX
- List price
- $397,000
- Bedrooms / bathrooms
- 3 / 2.5
- Square feet
- 1,971
- Lot
- 7,129 sq ft (per builder)
- Floor plan
- Waverly III · Heritage II elevation
- Finish package
- Gold Package
- Community
- Paseo Del Este
- Status
- Move-in ready
Two items on the builder's sheet are worth asking about by name. The first is the Gold Package, Diamond's finish level for this home. Ask for its spec sheet so you know exactly what is included. The second is what the builder's notes call a “multi-use hub” in this plan. Walk it and look at the floor plan to see how that space fits the way you would use the house.
Three bedrooms here, or four elsewhere?
If the house has to be finished, the shortlist on this site is short. Two other finished homes in Paseo Del Este cost $3,500 to $12,850 more, and both have a fourth bedroom.
- 548 Paseo De La Reina St, on the same street: Waverly II plan, 4 bed / 2.5 bath, 2,172 sq ft, $409,850. That is $12,850 more for 201 more square feet and a fourth bedroom, on a lot of 7,119 sq ft.
- 14009 Paseo Del Mar Dr: Lizbeth plan, 4 bed / 3 bath, 2,100 sq ft, $400,500. That is $3,500 more for a fourth bedroom and a third full bath, on a lot of 6,179 sq ft, about 950 sq ft smaller.
The fourth finished home is in Emerald Estates: 13359 Jeff Winton Dr, Winslet plan, 4 bed / 2.5 bath, 2,217 sq ft, $412,850.
So the case for 540 is narrow and specific. You want three bedrooms and the plan's flex space rather than a fourth bedroom, and you want the larger lot. If you need four bedrooms, the homes above are the comparison to make. The same Waverly III plan at 536 Paseo De La Reina St, also at $397,000, is already under contract.
Where it actually is, in minutes
These are typical drive times with no traffic, measured the same way the Gate Map measures every home on this site. You can compare them with any other listing here on equal terms.
| Destination | Drive time |
|---|---|
| I-10 (Darrington Rd exit) | 11 min |
| Buffalo Soldier Gate, Fort Bliss | 28 min |
| Old Ironsides Gate, Fort Bliss | 28 min |
| Silvestre Reyes Gate, Fort Bliss | 28 min |
| Cielo Vista Mall | 23 min |
| Medical Center of the Americas | 26 min |
| Downtown El Paso | 30 min |
| UTEP | 33 min |
| El Paso International Airport | 33 min |
Almost every trip out of Paseo Del Este starts with the 11 minutes to the Darrington Rd on-ramp. If your daily drive is to Fort Bliss, the gate you use barely changes the number. Buffalo Soldier, Old Ironsides, Silvestre Reyes and CSM Pena all come in at 28 minutes, and Pershing, Cassidy, Chaffee and MSgt. Pena run 29 to 31. Run your own gate on the Gate Map to confirm.
New construction, finished: what to ask
- The warranty, in writing. New homes come with builder coverage. Ask for the warranty document itself and read what it covers and for how long.
- An inspection anyway. A new house still benefits from an independent inspector's eyes before closing. It costs a few hundred dollars.
- The closing date. Because the house is finished, the timing is set by your financing and your move, not by a construction schedule.
What's nearby
Neutral facts, no ratings. Distances are straight-line, so the drive is longer. Verify anything that will factor into your decision.
- Schools nearby: Horizon Heights Elementary is about a third of a mile away and Horizon Middle School about a mile. Attendance zones change block to block, so confirm the assignment for this exact address with the district before you count on it.
- Parks and golf: Horizon Mesa Park is about half a mile away, Desmond Corcoran Park about a mile, and Horizon Golf Course under a mile.
- Food: Wing Daddy's Sauce House is about half a mile away. Starbucks, Whataburger, Panda Express and Peter Piper Pizza are a few minutes' drive.
- Shopping: the Eastlake Marketplace cluster is about four miles away.
For the wider picture of the area, read the Horizon City and Far East guide.
Prices, availability and completion dates are subject to change without notice. All information is deemed reliable but not guaranteed and should be independently verified. Square footage, lot size, features and status are as reported by the builder and are approximate. Drive times are typical estimates computed without traffic and will vary. This is not an offer of financing, legal, tax or investment advice. El Paso Move Guide is committed to equal housing opportunity.