Real Estate Investing in El Paso, Texas (79932)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79932 (El Paso, TX)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.6% vacancy may signal weakening demand.
What’s happening in El Paso, TX (79932)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 79932 El Paso
This part of El Paso County is not an easy win. The 79932 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
Stepping back, the numbers look inviting — $327K purchase price, 0.0% nominal cap — the work to hit that pro forma in 79932 is substantial and deserves full respect.
ZIP 79932's metrics run below El Paso County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Demographically, 79932 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
New investors are better served looking at El Paso's stable or hybrid ZIPs before stepping into 79932. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in El Paso:
Property Strategy for 79932
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $219,273 | $1,210 | 4.0% | +8.0% | $109,637 |
| 3BR | $276,668 | $1,660 | 4.3% | +8.8% | $92,223 |
| 4BR | $383,382 | $2,030 | 3.8% | +8.3% | $95,845 |
| 5BR | $552,597 | — | — | +7.9% | $110,519 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 79932 Compare?
| Metric | 79932 | El Paso | El Paso, TX | Texas |
|---|---|---|---|---|
| Home Value | $327,450 | $87,562 | N/A | $297,000 |
| 5-Year CAGR | 6.4% | 6.4% | N/A | 5.4% |
| Avg Rent | $1,911 | $1,430 | N/A | - |
| Cap Rate | 4.6% | 4.7% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 79932 (El Paso, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $327,450 |
| Monthly Rent | $1,911 |
| Price-to-Rent | 14.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.0% |
| Cap Rate | 4.6% |
| 5-Year IRR | 10.9% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +6.4% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | +9.8% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 79932
Population: 29,524
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 79932
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 4,334 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does El Paso, TX stack up for property investment?
El Paso, TX records an investability rating of 3.0/5, with median home values near $327K and average rents around $1,911/mo. That combination puts it in the healthy tier for investor interest.
What is the typical vacancy rate in El Paso, TX?
Occupancy in El Paso, TX runs predictable with elevated vacancy. Well-priced units at $1,911/mo lease on reasonable timelines.
Can owner-occupants cash flow in El Paso, TX?
El Paso, TX is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $327K price point reasonable to enter.
Is El Paso, TX better for rentals, flips, or BRRRR?
El Paso, TX investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($327K prices, $1,911/mo rents) make it a reasonable choice.
Where do rents currently stand in El Paso, TX?
The typical rental in El Paso, TX commands about $1,911/mo monthly. That rent profile predictable cash flow against the $327K purchase basis.
You know 79932 now. You don’t know where it ranks.
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How 79932 ranks in El Paso, TX
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