Real Estate Investing in El Paso, Texas (79934)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 79934 (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: 11.1% vacancy may signal weakening demand.
What’s happening in El Paso, TX (79934)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 79934 El Paso
Not every below-median market is a bargain. El Paso's 79934 ZIP comes in at signals that favor experienced operators who can absorb the risk $254K pricing implies.
In practical terms, the numbers look inviting — $254K purchase price, 0.0% nominal cap — the work to hit that pro forma in 79934 is substantial and deserves full respect.
ZIP 79934'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.
Employment concentration in 79934 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
The 79934 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in El Paso:
Property Strategy for 79934
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $228,620 | $2,140 | 6.7% | +9.2% | $76,207 |
| 4BR | $268,775 | $2,620 | 7.0% | +7.2% | $67,194 |
| 5BR | $331,587 | — | — | +6.6% | $66,317 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 79934 Compare?
| Metric | 79934 | El Paso | El Paso, TX | Texas |
|---|---|---|---|---|
| Home Value | $253,692 | $87,562 | N/A | $297,000 |
| 5-Year CAGR | 6.8% | 6.4% | N/A | 5.4% |
| Avg Rent | $1,864 | $1,430 | N/A | - |
| Cap Rate | 5.7% | 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 79934 (El Paso, TX). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $253,692 |
| Monthly Rent | $1,864 |
| Price-to-Rent | 11.3:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.8% |
| Cap Rate | 5.7% |
| 5-Year IRR | 12.5% |
📈 Home Appreciation
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +3.1% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | +7.5% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +6.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.7%). 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 79934
Population: 27,347
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 79934
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 10,414 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are renters plentiful in El Paso, TX?
The renter base in El Paso, TX is reasonable for the $1,864/mo price point. Screening well and pricing to market typically yields stable tenants.
Is rental property easy to operate in El Paso, TX?
El Paso, TX falls under TX landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
How much does a house cost in El Paso, TX?
El Paso, TX median home values land near $254K. That is reasonable territory for investors looking at $1,864/mo-per-month rentals.
Do landlords face vacancy issues in El Paso, TX?
Vacancy in El Paso, TX is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,864/mo.
How much do tenants pay in El Paso, TX?
Average rent in El Paso, TX is approximately $1,864/mo per month. Against $254K home values that yields a reasonable rent-to-price ratio.
You know 79934 now. You don’t know where it ranks.
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How 79934 ranks in El Paso, TX
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