Ultimate El Paso County Real Estate Investing Guide for 2024

Overview

El Paso County Real Estate Investing Market Overview

For the ten-year period, the yearly growth of the population in El Paso County has averaged . By contrast, the average rate during that same period was for the total state, and nationally.

Throughout the same 10-year term, the rate of growth for the entire population in El Paso County was , compared to for the state, and nationally.

Presently, the median home value in El Paso County is . To compare, the median value in the United States is , and the median market value for the whole state is .

Through the most recent 10 years, the annual appreciation rate for homes in El Paso County averaged . Through that term, the annual average appreciation rate for home prices for the state was . Throughout the nation, the yearly appreciation tempo for homes was at .

For tenants in El Paso County, median gross rents are , in comparison to at the state level, and for the nation as a whole.

El Paso County Real Estate Investing Highlights

El Paso County Top Highlights

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Based on latest data from the US Census Bureau
Based on latest data from the US Census Bureau

Strategies

Strategy Selection

As you are examining a specific area for potential real estate investment efforts, do not forget the type of investment plan that you pursue.

The following are detailed instructions on which data you should review depending on your investing type. Use this as a guide on how to take advantage of the advice in this brief to determine the preferred area for your investment requirements.

All real estate investors should review the most basic community ingredients. Convenient access to the market and your intended submarket, safety statistics, reliable air transportation, etc. When you search harder into a community’s data, you have to concentrate on the market indicators that are important to your real estate investment needs.

Those who select vacation rental units need to discover places of interest that deliver their desired renters to the location. Short-term property flippers look for the average Days on Market (DOM) for residential property sales. They need to know if they can limit their spendings by unloading their renovated investment properties quickly.

Landlord investors will look cautiously at the location’s job statistics. Real estate investors will check the site’s major businesses to see if it has a diverse assortment of employers for the landlords’ renters.

Investors who are yet to determine the best investment plan, can ponder piggybacking on the background of El Paso County top real estate investor mentors. You’ll also enhance your progress by signing up for one of the best real estate investor groups in El Paso County TX and be there for real estate investing seminars and conferences in El Paso County TX so you will listen to advice from numerous professionals.

The following are the assorted real property investment plans and the procedures with which the investors investigate a potential real estate investment market.

Active Real Estate Investment Strategies

Buy and Hold

When a real estate investor acquires a property and sits on it for a long time, it is thought to be a Buy and Hold investment. Their investment return calculation involves renting that investment property while they retain it to enhance their income.

When the investment asset has increased its value, it can be unloaded at a later time if local real estate market conditions change or your plan requires a reapportionment of the portfolio.

A leading expert who ranks high on the list of real estate agents who serve investors in El Paso County TX will guide you through the particulars of your intended property investment locale. We’ll show you the factors that should be examined thoughtfully for a profitable long-term investment plan.

 

Factors to Consider

Property Appreciation Rate

This is an important gauge of how reliable and thriving a property market is. You want to find stable appreciation each year, not wild highs and lows. Actual data displaying consistently growing investment property values will give you certainty in your investment profit projections. Locations without increasing real estate values will not match a long-term investment analysis.

Population Growth

A decreasing population indicates that with time the number of tenants who can rent your rental property is shrinking. This also often incurs a decrease in housing and rental prices. With fewer residents, tax incomes go down, affecting the condition of public services. You should skip such places. Search for sites that have stable population growth. Both long- and short-term investment data benefit from population growth.

Property Taxes

Real estate taxes greatly influence a Buy and Hold investor’s returns. Communities that have high property tax rates will be avoided. Steadily growing tax rates will typically keep going up. Documented real estate tax rate increases in a market may often go hand in hand with poor performance in other economic data.

It appears, nonetheless, that a specific property is mistakenly overrated by the county tax assessors. In this instance, one of the best property tax protest companies in El Paso County TX can have the area’s municipality analyze and potentially reduce the tax rate. Nonetheless, in extraordinary circumstances that require you to appear in court, you will require the aid from property tax lawyers in El Paso County TX.

Price to rent ratio

Price to rent ratio (p/r) is calculated when you start with the median property price and divide it by the yearly median gross rent. A low p/r tells you that higher rents can be charged. This will permit your rental to pay back its cost within a sensible period of time. You don’t want a p/r that is low enough it makes acquiring a residence cheaper than renting one. If tenants are turned into buyers, you may get left with unoccupied units. But generally, a lower p/r is preferred over a higher one.

Median Gross Rent

Median gross rent can show you if a town has a durable lease market. Consistently increasing gross median rents demonstrate the kind of reliable market that you seek.

Median Population Age

Population’s median age will show if the market has a dependable labor pool which means more potential tenants. You are trying to see a median age that is close to the center of the age of the workforce. A median age that is too high can predict increased future use of public services with a depreciating tax base. Higher property taxes might become necessary for areas with a graying populace.

Employment Industry Diversity

If you choose to be a Buy and Hold investor, you look for a varied job base. A strong site for you includes a varied collection of business types in the market. This prevents the interruptions of one business category or business from impacting the entire rental housing business. You do not want all your tenants to lose their jobs and your property to lose value because the sole significant employer in the market shut down.

Unemployment Rate

A high unemployment rate suggests that not a high number of people are able to lease or purchase your property. It demonstrates possibly an unreliable income stream from existing renters presently in place. The unemployed are deprived of their purchase power which impacts other businesses and their employees. A market with severe unemployment rates gets unstable tax income, not many people moving in, and a problematic financial future.

Income Levels

Income levels are a guide to markets where your potential tenants live. Your evaluation of the market, and its specific pieces you want to invest in, should contain an assessment of median household and per capita income. Adequate rent standards and intermittent rent increases will require an area where incomes are growing.

Number of New Jobs Created

Being aware of how often new jobs are generated in the community can support your appraisal of the location. Job openings are a supply of potential renters. The generation of new jobs keeps your tenant retention rates high as you invest in additional investment properties and replace departing renters. Additional jobs make a community more desirable for settling down and acquiring a property there. Higher need for workforce makes your property worth appreciate by the time you want to resell it.

School Ratings

School ratings will be an important factor to you. Moving employers look closely at the quality of local schools. The quality of schools is an important motive for households to either stay in the community or relocate. An unstable supply of renters and homebuyers will make it hard for you to reach your investment goals.

Natural Disasters

With the primary target of reselling your investment subsequent to its appreciation, its material status is of the highest priority. That’s why you’ll need to avoid markets that frequently experience natural problems. Nevertheless, your property & casualty insurance ought to cover the property for damages created by circumstances such as an earthquake.

In the occurrence of renter destruction, talk to an expert from the directory of El Paso County landlord insurance brokers for suitable insurance protection.

Long Term Rental (BRRRR)

The abbreviation BRRRR is a description of a long-term lease strategy — Buy, Rehab, Rent, Refinance, Repeat. If you intend to increase your investments, the BRRRR is a proven method to use. A crucial piece of this formula is to be able to obtain a “cash-out” refinance.

When you have concluded fixing the house, the value has to be more than your total acquisition and renovation spendings. Then you take a cash-out mortgage refinance loan that is computed on the larger value, and you withdraw the balance. This cash is placed into the next property, and so on. You add improving assets to your balance sheet and rental revenue to your cash flow.

When an investor owns a significant collection of real properties, it is wise to hire a property manager and establish a passive income stream. Discover one of the best property management professionals in El Paso County TX with the help of our comprehensive list.

 

Factors to Consider

Population Growth

Population expansion or contraction signals you if you can count on reliable returns from long-term real estate investments. If you discover vibrant population increase, you can be sure that the area is attracting likely renters to it. Relocating employers are drawn to rising cities providing job security to households who move there. This equates to dependable renters, greater rental revenue, and a greater number of likely homebuyers when you intend to sell your property.

Property Taxes

Property taxes, maintenance, and insurance expenses are examined by long-term lease investors for calculating costs to assess if and how the efforts will be successful. Excessive real estate tax rates will negatively impact a property investor’s income. Steep property taxes may show a fluctuating location where expenditures can continue to rise and should be considered a warning.

Price to Rent Ratio

The price to rent ratio (p/r) is an illustration of what amount of rent can be demanded in comparison to the market worth of the asset. An investor will not pay a large sum for a property if they can only demand a low rent not allowing them to pay the investment off in a suitable timeframe. You want to find a low p/r to be confident that you can establish your rents high enough to reach good returns.

Median Gross Rents

Median gross rents let you see whether a site’s lease market is strong. Median rents should be increasing to warrant your investment. Reducing rents are a warning to long-term rental investors.

Median Population Age

Median population age in a dependable long-term investment environment should show the typical worker’s age. You will learn this to be true in areas where workers are migrating. When working-age people aren’t coming into the city to take over from retiring workers, the median age will increase. This is not good for the forthcoming economy of that region.

Employment Base Diversity

A varied employment base is something a wise long-term rental property owner will hunt for. If people are concentrated in a few dominant enterprises, even a minor issue in their business might cost you a lot of tenants and raise your exposure considerably.

Unemployment Rate

It is impossible to maintain a secure rental market when there are many unemployed residents in it. Otherwise successful businesses lose customers when other employers retrench workers. Workers who continue to have jobs can find their hours and salaries reduced. Current renters might become late with their rent in this situation.

Income Rates

Median household and per capita income data is a valuable indicator to help you navigate the regions where the renters you prefer are residing. Improving wages also inform you that rental fees can be adjusted throughout your ownership of the rental home.

Number of New Jobs Created

A growing job market equates to a constant supply of tenants. A market that provides jobs also boosts the number of participants in the housing market. This allows you to buy more rental assets and backfill existing empty units.

School Ratings

The reputation of school districts has an undeniable influence on real estate prices across the city. When a company assesses an area for possible expansion, they keep in mind that quality education is a prerequisite for their employees. Moving businesses bring and attract prospective renters. Recent arrivals who need a house keep real estate prices up. Superior schools are a vital ingredient for a strong real estate investment market.

Property Appreciation Rates

The essence of a long-term investment strategy is to hold the asset. Investing in properties that you want to maintain without being positive that they will rise in price is a recipe for failure. You don’t want to spend any time exploring markets that have weak property appreciation rates.

Short Term Rentals

A short-term rental is a furnished residence where a renter stays for shorter than a month. The per-night rental rates are normally higher in short-term rentals than in long-term ones. These houses might need more periodic upkeep and cleaning.

Short-term rentals are popular with people on a business trip who are in the region for a few days, people who are migrating and want temporary housing, and excursionists. Ordinary real estate owners can rent their houses or condominiums on a short-term basis using websites such as AirBnB and VRBO. Short-term rentals are deemed as an effective method to get started on investing in real estate.

The short-term rental housing business includes dealing with occupants more frequently compared to annual rental units. This determines that landlords deal with disagreements more frequently. Give some thought to managing your liability with the assistance of any of the good real estate attorneys in El Paso County TX.

 

Factors to Consider

Short-Term Rental Income

You must find out how much rental income needs to be earned to make your investment worthwhile. A glance at an area’s present typical short-term rental prices will show you if that is a strong community for your project.

Median Property Prices

You also need to determine how much you can bear to invest. Look for areas where the budget you have to have correlates with the current median property worth. You can calibrate your real estate hunt by evaluating median market worth in the location’s sub-markets.

Price Per Square Foot

Price per square foot could be misleading when you are examining different buildings. When the designs of prospective homes are very different, the price per sq ft may not provide a correct comparison. You can use the price per square foot criterion to get a good overall idea of property values.

Short-Term Rental Occupancy Rate

A closer look at the location’s short-term rental occupancy levels will inform you if there is an opportunity in the district for more short-term rentals. A high occupancy rate indicates that an additional amount of short-term rentals is wanted. Weak occupancy rates signify that there are more than too many short-term units in that area.

Short-Term Rental Cash-on-Cash Return

To know if it’s a good idea to put your cash in a particular property or market, compute the cash-on-cash return. You can calculate the cash-on-cash return by taking your Net Operating Income (NOI) and dividing it by your cash investment. The result you get is a percentage. High cash-on-cash return means that you will regain your cash quicker and the investment will earn more profit. Sponsored investments will reach stronger cash-on-cash returns as you are using less of your own resources.

Average Short-Term Rental Capitalization (Cap) Rates

Another measurement indicates the value of a property as a cash flow asset — average short-term rental capitalization (cap) rate. Typically, the less an investment property will cost (or is worth), the higher the cap rate will be. When cap rates are low, you can expect to spend more for real estate in that city. You can obtain the cap rate for potential investment property by dividing the Net Operating Income (NOI) by the market worth or asking price of the investment property. The percentage you will obtain is the investment property’s cap rate.

Local Attractions

Short-term tenants are often people who come to a city to enjoy a yearly special activity or visit unique locations. This includes professional sporting events, kiddie sports activities, colleges and universities, big auditoriums and arenas, carnivals, and amusement parks. Must-see vacation spots are found in mountain and coastal points, along lakes, and national or state parks.

Fix and Flip

The fix and flip investment plan means acquiring a property that requires repairs or restoration, putting additional value by enhancing the property, and then liquidating it for its full market value. The essentials to a successful fix and flip are to pay less for the house than its actual value and to precisely calculate what it will cost to make it marketable.

It’s vital for you to know the rates properties are selling for in the market. The average number of Days On Market (DOM) for homes sold in the market is vital. Disposing of the property promptly will keep your costs low and guarantee your returns.

In order that homeowners who need to get cash for their house can easily discover you, promote your status by utilizing our directory of the best cash real estate buyers in El Paso County TX along with the best real estate investment firms in El Paso County TX.

Also, team up with El Paso County bird dogs for real estate investors. These professionals specialize in rapidly locating lucrative investment opportunities before they are listed on the open market.

 

Factors to Consider

Median Home Price

When you look for a profitable location for real estate flipping, research the median housing price in the city. When purchase prices are high, there might not be a good source of run down real estate in the location. This is a critical ingredient of a profit-making fix and flip.

If area data shows a fast decrease in real property market values, this can indicate the availability of possible short sale properties. Real estate investors who team with short sale facilitators in El Paso County TX receive continual notifications regarding potential investment properties. Uncover more regarding this type of investment by studying our guide How to Buy Short Sale Property.

Property Appreciation Rate

The changes in property prices in a location are vital. You are looking for a consistent increase of local property values. Unreliable market value shifts are not beneficial, even if it is a substantial and unexpected increase. Buying at the wrong point in an unsteady market condition can be catastrophic.

Average Renovation Costs

A comprehensive analysis of the region’s renovation expenses will make a huge impact on your area selection. The manner in which the local government processes your application will have an effect on your investment too. To make an accurate budget, you will have to understand whether your construction plans will have to involve an architect or engineer.

Population Growth

Population increase is a good indicator of the strength or weakness of the location’s housing market. If the number of citizens isn’t expanding, there isn’t going to be a sufficient pool of homebuyers for your fixed homes.

Median Population Age

The median population age is a factor that you might not have included in your investment study. The median age in the area must equal the one of the typical worker. Individuals in the local workforce are the most stable real estate purchasers. The needs of retirees will probably not fit into your investment venture plans.

Unemployment Rate

If you see a location demonstrating a low unemployment rate, it is a good indicator of lucrative investment opportunities. The unemployment rate in a potential investment community should be less than the country’s average. If the local unemployment rate is less than the state average, that is a sign of a preferable investing environment. In order to purchase your fixed up property, your prospective buyers need to have a job, and their clients too.

Income Rates

Median household and per capita income are a great indicator of the stability of the home-buying market in the region. When home buyers buy a house, they typically need to take a mortgage for the home purchase. The borrower’s wage will determine how much they can borrow and whether they can buy a property. Median income can help you determine if the standard home purchaser can afford the homes you are going to market. You also prefer to have salaries that are growing consistently. If you want to increase the price of your houses, you want to be certain that your home purchasers’ salaries are also rising.

Number of New Jobs Created

Understanding how many jobs are created per year in the city can add to your confidence in an area’s economy. Residential units are more conveniently sold in an area that has a dynamic job market. With additional jobs created, new potential buyers also migrate to the community from other locations.

Hard Money Loan Rates

Investors who acquire, rehab, and sell investment homes opt to employ hard money and not typical real estate financing. This strategy allows them negotiate lucrative projects without delay. Locate real estate hard money lenders in El Paso County TX and analyze their mortgage rates.

An investor who needs to know about hard money funding options can learn what they are as well as the way to utilize them by reviewing our guide titled What Does Hard Money Mean in Real Estate?.

Wholesaling

As a real estate wholesaler, you sign a sale and purchase agreement to purchase a residential property that some other investors will be interested in. When a real estate investor who approves of the property is found, the contract is assigned to the buyer for a fee. The property is bought by the investor, not the real estate wholesaler. The wholesaler does not sell the property itself — they just sell the purchase contract.

This strategy requires utilizing a title firm that’s familiar with the wholesale contract assignment procedure and is capable and inclined to coordinate double close purchases. Find El Paso County title companies for wholesaling real estate by using our directory.

To know how real estate wholesaling works, look through our informative guide How Does Real Estate Wholesaling Work?. As you manage your wholesaling activities, put your name in HouseCashin’s directory of El Paso County top house wholesalers. That will allow any possible clients to locate you and reach out.

 

Factors to Consider

Median Home Prices

Median home prices are key to locating places where residential properties are being sold in your investors’ price level. A community that has a good pool of the reduced-value residential properties that your investors want will show a below-than-average median home price.

A sudden downturn in real estate worth may lead to a sizeable selection of ‘underwater’ properties that short sale investors hunt for. Wholesaling short sales often brings a collection of different perks. However, be aware of the legal challenges. Learn about this from our extensive explanation Can You Wholesale a Short Sale House?. If you decide to give it a go, make sure you employ one of short sale lawyers in El Paso County TX and foreclosure attorneys in El Paso County TX to work with.

Property Appreciation Rate

Median home market value changes explain in clear detail the home value picture. Many investors, like buy and hold and long-term rental landlords, specifically need to see that home market values in the market are increasing consistently. A declining median home value will indicate a vulnerable rental and home-buying market and will exclude all kinds of investors.

Population Growth

Population growth numbers are important for your potential contract buyers. When they see that the population is expanding, they will conclude that additional housing units are needed. There are more individuals who lease and plenty of customers who buy homes. If a community is shrinking in population, it does not necessitate additional residential units and real estate investors will not invest there.

Median Population Age

Investors need to participate in a dynamic real estate market where there is a considerable pool of tenants, newbie homeowners, and upwardly mobile residents switching to bigger homes. A city that has a large workforce has a steady source of tenants and buyers. That is why the region’s median age should be the age of skilled workers in the workplace.

Income Rates

The median household and per capita income in a strong real estate investment market should be on the upswing. Income hike demonstrates a location that can keep up with rental rate and real estate purchase price raises. Successful investors stay out of communities with declining population salary growth numbers.

Unemployment Rate

Investors will take into consideration the community’s unemployment rate. Delayed lease payments and lease default rates are widespread in places with high unemployment. Long-term real estate investors who depend on steady rental income will do poorly in these markets. Renters cannot move up to ownership and existing homeowners can’t sell their property and shift up to a larger house. Short-term investors won’t take a chance on getting cornered with a unit they cannot sell easily.

Number of New Jobs Created

Understanding how soon fresh jobs appear in the region can help you determine if the real estate is positioned in a good housing market. Fresh jobs generated attract plenty of workers who look for homes to lease and purchase. Long-term real estate investors, such as landlords, and short-term investors like flippers, are gravitating to regions with strong job appearance rates.

Average Renovation Costs

Rehab costs have a big impact on an investor’s profit. Short-term investors, like home flippers, don’t make a profit when the purchase price and the improvement expenses equal to more than the After Repair Value (ARV) of the property. Seek lower average renovation costs.

Mortgage Note Investing

Mortgage note investment professionals buy debt from lenders if they can get the loan below face value. When this occurs, the investor takes the place of the debtor’s mortgage lender.

Loans that are being paid on time are referred to as performing notes. These notes are a stable source of cash flow. Non-performing loans can be restructured or you may acquire the collateral for less than face value by conducting a foreclosure procedure.

At some time, you could grow a mortgage note collection and notice you are needing time to service it by yourself. If this occurs, you might select from the best third party loan servicing companies in El Paso County TX which will designate you as a passive investor.

Should you decide to pursue this strategy, append your business to our directory of promissory note buyers in El Paso County TX. Joining will make your business more visible to lenders providing desirable opportunities to note buyers like yourself.

 

Factors to consider

Foreclosure Rates

Investors searching for stable-performing mortgage loans to purchase will prefer to find low foreclosure rates in the region. High rates might indicate investment possibilities for non-performing mortgage note investors, but they should be careful. If high foreclosure rates are causing an underperforming real estate environment, it could be difficult to liquidate the collateral property after you foreclose on it.

Foreclosure Laws

Mortgage note investors should understand their state’s regulations concerning foreclosure prior to pursuing this strategy. Are you dealing with a Deed of Trust or a mortgage? While using a mortgage, a court has to approve a foreclosure. A Deed of Trust enables the lender to file a notice and start foreclosure.

Mortgage Interest Rates

The interest rate is indicated in the mortgage notes that are bought by mortgage note investors. Your mortgage note investment return will be impacted by the mortgage interest rate. Regardless of the type of investor you are, the mortgage loan note’s interest rate will be important for your forecasts.

The mortgage rates quoted by conventional lending companies aren’t identical in every market. The higher risk accepted by private lenders is accounted for in bigger interest rates for their mortgage loans in comparison with conventional mortgage loans.

Experienced mortgage note buyers continuously review the interest rates in their region offered by private and traditional mortgage firms.

Demographics

A market’s demographics stats allow note buyers to streamline their efforts and properly distribute their assets. The market’s population growth, unemployment rate, job market growth, income standards, and even its median age provide valuable data for you.
Mortgage note investors who prefer performing notes select places where a large number of younger individuals hold good-paying jobs.

Investors who look for non-performing notes can also make use of growing markets. If these note buyers want to foreclose, they will need a thriving real estate market in order to sell the repossessed property.

Property Values

Lenders like to find as much home equity in the collateral as possible. This enhances the likelihood that a possible foreclosure sale will make the lender whole. Growing property values help raise the equity in the home as the borrower lessens the amount owed.

Property Taxes

Usually, lenders accept the house tax payments from the homebuyer every month. When the property taxes are payable, there needs to be enough money in escrow to take care of them. If the borrower stops paying, unless the mortgage lender remits the taxes, they will not be paid on time. When property taxes are delinquent, the municipality’s lien leapfrogs any other liens to the head of the line and is paid first.

If property taxes keep going up, the customer’s mortgage payments also keep growing. Overdue clients may not have the ability to keep paying growing payments and might interrupt paying altogether.

Real Estate Market Strength

A community with growing property values promises strong opportunities for any note investor. They can be confident that, when need be, a foreclosed collateral can be sold for an amount that makes a profit.

A vibrant market can also be a lucrative environment for making mortgage notes. For successful investors, this is a profitable part of their investment strategy.

Passive Real Estate Investment Strategies

Syndications

When individuals cooperate by supplying cash and creating a partnership to hold investment property, it’s called a syndication. One individual puts the deal together and enlists the others to invest.

The person who gathers the components together is the Sponsor, often called the Syndicator. The sponsor is in charge of conducting the acquisition or construction and assuring revenue. This individual also manages the business matters of the Syndication, such as members’ dividends.

The rest of the shareholders in a syndication invest passively. The company agrees to pay them a preferred return once the company is showing a profit. But only the manager(s) of the syndicate can manage the operation of the company.

 

Factors to consider

Real Estate Market

Your selection of the real estate area to search for syndications will rely on the blueprint you prefer the potential syndication venture to follow. For assistance with identifying the critical elements for the approach you want a syndication to adhere to, look at the earlier instructions for active investment plans.

Sponsor/Syndicator

Because passive Syndication investors depend on the Syndicator to run everything, they ought to investigate the Sponsor’s reliability carefully. Successful real estate Syndication relies on having a knowledgeable veteran real estate professional as a Syndicator.

The sponsor might not invest any cash in the syndication. You might want that your Syndicator does have cash invested. In some cases, the Sponsor’s investment is their performance in finding and structuring the investment project. Depending on the details, a Syndicator’s payment may involve ownership and an upfront payment.

Ownership Interest

Each stakeholder owns a portion of the partnership. If the partnership has sweat equity members, expect owners who provide funds to be rewarded with a more important amount of interest.

Being a capital investor, you should additionally expect to be given a preferred return on your capital before profits are split. The percentage of the funds invested (preferred return) is returned to the investors from the income, if any. Profits in excess of that amount are divided among all the participants based on the amount of their interest.

If partnership assets are sold for a profit, the profits are shared by the participants. The overall return on a deal such as this can really increase when asset sale net proceeds are combined with the yearly income from a profitable Syndication. The syndication’s operating agreement describes the ownership structure and how participants are treated financially.

REITs

A trust investing in income-generating properties and that sells shares to people is a REIT — Real Estate Investment Trust. This was originally conceived as a method to allow the ordinary investor to invest in real property. Most people at present are capable of investing in a REIT.

REIT investing is known as passive investing. Investment risk is diversified across a package of properties. Shares in a REIT may be unloaded whenever it is convenient for you. One thing you cannot do with REIT shares is to determine the investment assets. You are confined to the REIT’s selection of assets for investment.

Real Estate Investment Funds

A Real Estate Investment Fund is a mutual fund that holds stocks of real estate businesses. Any actual real estate property is owned by the real estate firms, not the fund. These funds make it doable for a wider variety of people to invest in real estate. Real estate investment funds aren’t required to pay dividends like a REIT. The worth of a fund to an investor is the anticipated appreciation of the value of the fund’s shares.

You can locate a real estate fund that specializes in a distinct category of real estate business, like commercial, but you cannot propose the fund’s investment properties or markets. As passive investors, fund participants are satisfied to permit the directors of the fund determine all investment decisions.

Housing

El Paso County Housing 2024

El Paso County shows a median home value of , the total state has a median home value of , at the same time that the median value throughout the nation is .

In El Paso County, the year-to-year growth of home values during the last decade has averaged . The entire state’s average during the previous ten years has been . Across the country, the yearly value growth rate has averaged .

In the lease market, the median gross rent in El Paso County is . The median gross rent level statewide is , and the national median gross rent is .

The homeownership rate is at in El Paso County. of the state’s populace are homeowners, as are of the populace nationwide.

The rental housing occupancy rate in El Paso County is . The rental occupancy rate for the state is . The comparable rate in the nation overall is .

The rate of occupied homes and apartments in El Paso County is , and the percentage of unoccupied homes and apartment buildings is .

Housing Quick Stats
Home Appreciation Rate(2010-2020)
Median Home Value
Median Gross Rent
Price To Rent Ratio
Home Ownership Rate
Tenant Occupied Rate
Average Property Tax Rate

El Paso County Home Ownership

El Paso County Rent & Ownership

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El Paso County Rent Vs Owner Occupied By Household Type

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El Paso County Occupied & Vacant Number Of Homes And Apartments

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El Paso County Household Type

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El Paso County Property Types

El Paso County Age Of Homes

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El Paso County Types Of Homes

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El Paso County Homes Size

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Marketplace

El Paso County Investment Property Marketplace

If you are looking to invest in El Paso County real estate, our Investment Property Marketplace can become your indispensable tool in your investing business. To help you easily find the best off-market deals in the El Paso County area, we created a nationwide investor-friendly online platform. Use it to shop for lucrative off-market properties for sale according to your specific buying criteria.

Unlike other real estate listing websites, our marketplace’s interface is particularly designed for investors. Besides the purchase price, you can see other, essential to investors, key indicators such as: rehab costs and ARV, potential profit, FSBO, or realtor-assisted deal, and others. To get started, visit our marketplace and search for El Paso County investment properties for sale.

El Paso County Investment Properties for Sale

Homes For Sale

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Financing

El Paso County Real Estate Investing Financing

If you are looking for a loan to finance investment property purchase, rehab or ground up construction in El Paso County TX, easily get quotes from multiple lenders at once and compare rates.

Fill out our quick online real estate financing application form to receive multiple quotes for your preferred type of loan from our preferred El Paso County private and hard money lenders.

El Paso County Investment Property Loan Types

Check out some of the most popular real estate loans provided by top local lenders in El Paso County, TX
  • Rehab Loans
  • Fix and Flip Loans
  • Bridge Loans
  • Asset Based Loans
  • Cash Out/Refinance Loans
  • Transactional Funding
  • Transactional Hard Money Loans
  • Private Money Loans
  • New Construction Loans

Compare Investment Property Loan Rates in El Paso County

Receive multiple offers from best private and hard money lenders and get access to unlimited capital to fund any type of real estate investment property!
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Development

Population

El Paso County Population Over Time

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Based on latest data from the US Census Bureau

El Paso County Population By Year

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El Paso County Population By Age And Sex

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Based on latest data from the US Census Bureau

Economy

El Paso County Economy 2024

The median household income in El Paso County is . The state’s populace has a median household income of , while the US median is .

The average income per capita in El Paso County is , as opposed to the state median of . Per capita income in the country is currently at .

The employees in El Paso County earn an average salary of in a state whose average salary is , with wages averaging across the US.

El Paso County has an unemployment average of , whereas the state reports the rate of unemployment at and the nationwide rate at .

The economic info from El Paso County demonstrates a combined rate of poverty of . The state’s statistics demonstrate a combined poverty rate of , and a related study of nationwide figures records the nation’s rate at .

Economy Quick Stats
Unemployment Rate
Median Household Income
Per Capita Income
Overall Poverty Rate
Average Salary
Property Price To Income Ratio
Salary Change Rate (2010-2020)

El Paso County Residents’ Income

El Paso County Median Household Income

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Based on latest data from the US Census Bureau

El Paso County Per Capita Income

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Based on latest data from the US Census Bureau

El Paso County Income Distribution

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El Paso County Poverty Over Time

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Based on latest data from the US Census Bureau

El Paso County Property Price To Income Ratio Over Time

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Based on latest data from the US Census Bureau

El Paso County Job Market

El Paso County Employment Industries (Top 10)

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Based on latest data from the US Census Bureau

El Paso County Unemployment Rate

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El Paso County Employment Distribution By Age

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El Paso County Average Salary Over Time

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El Paso County Employment Rate Over Time

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Based on latest data from the US Census Bureau

El Paso County Employed Population Over Time

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Based on latest data from the US Census Bureau

Schools

El Paso County School Ratings

El Paso County has a public school structure composed of grade schools, middle schools, and high schools.

The El Paso County public school setup has a high school graduation rate.

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El Paso County School Ratings

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Based on latest data from the US Census Bureau

El Paso County Cities