What's a good cap rate in El Paso?

In El Paso, cap rates typically run around 6.5% (Texas state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific El Paso deal lands versus this benchmark.

What's the average rent for a rental in El Paso?

A typical rental in El Paso runs about $1,191–$1,633/mo (HUD Fair Market Rent, 2–3BR). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Texas?

Texas's effective property tax rate is about 1.68% of value per year — the figure TrueCap applies by default for El Paso deals. You can override it with the exact local rate.

El Paso, TX

El Paso rental property analysis

El Paso is one of the most stable rental markets in Texas — a large military presence (Fort Bliss) and border-trade economy keep occupancy high and prices low.

El Paso market snapshot

Balanced market

Mid-range cap rates — cash flow and appreciation are both realistically on the table.

Typical cap rate

6.5%

Texas state median

Typical rent

$1,191–$1,633/mo

HUD FMR · 2–3BR · 2026

Typical price

$180,000–$270,000

est., all-in

Property tax

1.68%

Texas effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is El Paso a good place to buy rentals?

Low volatility and steady Fort Bliss demand make this a dependable cash-flow market. As always in Texas, model the real property-tax rate.

See the full Texasinvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in El Paso

Northeast El Paso

Near Fort Bliss — steady military demand.

East Side

Newer SFRs, family renters, low vacancy.

Lower Valley

Affordable, value-add.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a El Paso deal in 60 seconds

Paste a El Paso address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Texas tax and HUD rent so you start from the right assumptions.

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