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649 Linda Johnson Ave
D Composite 42.05
Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +15.0/15.0
  • Cash flow +8.2/30.0
  • Livability +4.0/5.0
  • Rent growth +3.8/5.0
  • 1% rule +3.4/10.0
  • Schools +2.9/10.0
  • Condition / age +2.5/5.0
  • DSCR +2.2/10.0
  • Appreciation +0.0/10.0

$231,999

649 Linda Johnson Ave · El Paso, TX 79932
3 bd · 2.0 ba · 1,250 sqft · SingleFamily public records · 77 Days on market
Built 2004 4,827 sqft lot $186/sqft · 19% below area Est $285k · 19% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Beautifully maintained home located in the highly desirable Upper Valley area of El Paso. This charming property offers a comfortable layout with spacious living areas and a welcoming atmosphere perfect for everyday living and entertaining. Conveniently situated just minutes from I-10 and approximately 5 minutes from Santa Teresa, providing quick access to shopping, dining, and major roadways while still enjoying the tranquility of the Upper Valley. A wonderful opportunity to own a home in one of El Paso's most sought-after areas. Schedule your tour and see it for yourself!

Key facts

  • 4,827 sq ft lot
  • 2 garage spots
  • Built 2004

Tags

SPACIOUS LIVING AREASQUICK ACCESS TO SHOPPINGQUICK ACCESS TO DININGQUICK ACCESS TO MAJOR ROADWAYS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $232k.

Deal economics

  • At list price, monthly cash flow is $-215 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $194k (16.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $195k (16.0% below list).
  • Recommended offer: $194k (16.4% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 81/100 on livability (#23 in TX, #1,375 nationally) — a professional / high-income tenant draw. Strengths: commute A+, cost of living A+, housing A+; Watch: employment D+.
  • Canutillo ISD (other): math 28% / reading 39% proficiency, ranked #542 of 826 in TX (top 66%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Gonzalo And Sofia Garcia El (math 22% / reading 32%, grade F, #2,791 of 4,322 statewide, top 68%, 466 students, 63% FRL); Canutillo Middle (math 21% / reading 34%, grade F, #1,156 of 1,662 statewide, top 71%, 700 students, 64% FRL); Canutillo H S (math 36% / reading 41%, grade F, #866 of 1,632 statewide, top 54%, 1,642 students, 65% FRL).
  • Market conditions: Rents rising fast (+5.0%/yr); 262 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,196 units permitted in El Paso County in 2024 (143 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • El Paso County population projected at +10% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

  • It's been on market 77 days — a 6% lower offer ($218k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 6→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $193,940 (16.4% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 77 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.84%
Cap rate
5.18%
Cash-on-cash
-3.98%
DSCR
0.82
GRM
9.9

CMA / ARV

ARV (median comp)
$285,143
List price
$231,999
Delta
-18.64%
Verdict
UNDERPRICED
Comps
1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 5.03% rent growth · sell at horizon

5-year hold
IRR
-20.5%
Equity multiple
0.27×
Total profit
$-47,134
Equity at exit
$34,592
10-year hold
IRR
-9.3%
Equity multiple
0.37×
Total profit
$-40,852
Equity at exit
$20,059

Cash invested: $64,960 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 79932

Home prices YoY
-31.8%
Rents YoY
5.0%
Active inventory
262
Price-to-rent
9.9×

Monthly cashflow live

Estimated rent
$1,948 high interval (Pro) →
Mortgage (P&I)
$1,217
Tax from tax record
$441 /mo · $5,293/yr
Insurance
$97
HOA
$0
Vacancy / Maint / Mgmt
$409
Net cashflow
$-215

Break-even live

Break-even rent $2,221
Max offer price $193,940
Occupancy floor

Sensitivity live

Price -10% $-84 -5% $-150 +0% $-215 +5% $-281 +10% $-347
Rent -10% $-369 -5% $-292 +0% $-215 +5% $-138 +10% $-62
Rate -1.0pp $-99 -0.5pp $-156 base $-215 +0.5pp $-276 +1.0pp $-337

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$58,000
Closing costs
$6,960
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 12 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
701 Linda Johnson El Paso, TX 3.0 2.0 1485 $1,750 $1.18 45d 1 0.13mi
836 Sunset Park Dr El Paso, TX 3.0 2.5 1742 $2,295 $1.32 5d 1 0.60mi
916 Keenland Ave El Paso, TX 4.0 2.0 1856 $2,285 $1.23 45d 1 0.85mi
909 Ada Ln El Paso, TX 4.0 2.0 1856 $2,285 $1.23 45d 1 0.85mi
5960 Mohegan Sun St El Paso, TX 4.0 2.0 1632 $2,250 $1.38 45d 1 0.88mi
6528 Hoop St Unit A El Paso, TX 2.0 2.5 1307 $1,600 $1.22 13d 1 0.94mi
6537 Hoop St Unit A El Paso, TX 3.0 2.5 1346 $1,600 $1.19 13d 1 0.97mi
5941 Sixta Dr El Paso, TX 3.0 2.0 1216 $1,400 $1.15 21d 1 0.98mi
6533 Toivoa Pl El Paso, TX 3.0 2.0 1458 $2,250 $1.54 15d 1 1.02mi
1072 Haper Ct El Paso, TX 2.0 2.5 1622 $1,825 $1.13 13d 1 1.04mi
5973 Cartagena Cir El Paso, TX 2.0 2.0 1800 $2,100 $1.17 13d 1 1.38mi
299 Leslie Ct Unit B El Paso, TX 3.0 2.0 1100 $1,550 $1.41 25d 1 1.42mi

Listing history 8 events

  1. 2026-05-16
    historical Active Under Contract 592-char remark
    Show marketing remark (592 chars)

    Beautifully maintained home located in the highly desirable Upper Valley area of El Paso. This charming property offers a comfortable layout with spacious living areas and a welcoming atmosphere perfect for everyday living and entertaining. Conveniently situated just minutes from I-10 and approximately 5 minutes from Santa Teresa, providing quick access to shopping, dining, and major roadways while still enjoying the tranquility of the Upper Valley. A wonderful opportunity to own a home in one of El Paso's most sought-after areas. Schedule your tour and see it for yourself!

  2. 2026-04-17
    price $231,999 592-char remark
    Show marketing remark (592 chars)

    Beautifully maintained home located in the highly desirable Upper Valley area of El Paso. This charming property offers a comfortable layout with spacious living areas and a welcoming atmosphere perfect for everyday living and entertaining. Conveniently situated just minutes from I-10 and approximately 5 minutes from Santa Teresa, providing quick access to shopping, dining, and major roadways while still enjoying the tranquility of the Upper Valley. A wonderful opportunity to own a home in one of El Paso's most sought-after areas. Schedule your tour and see it for yourself!

  3. 2026-03-24
    status Active 592-char remark
    Show marketing remark (592 chars)

    Beautifully maintained home located in the highly desirable Upper Valley area of El Paso. This charming property offers a comfortable layout with spacious living areas and a welcoming atmosphere perfect for everyday living and entertaining. Conveniently situated just minutes from I-10 and approximately 5 minutes from Santa Teresa, providing quick access to shopping, dining, and major roadways while still enjoying the tranquility of the Upper Valley. A wonderful opportunity to own a home in one of El Paso's most sought-after areas. Schedule your tour and see it for yourself!

  4. 2026-03-23
    historical Active Under Contract 592-char remark
    Show marketing remark (592 chars)

    Beautifully maintained home located in the highly desirable Upper Valley area of El Paso. This charming property offers a comfortable layout with spacious living areas and a welcoming atmosphere perfect for everyday living and entertaining. Conveniently situated just minutes from I-10 and approximately 5 minutes from Santa Teresa, providing quick access to shopping, dining, and major roadways while still enjoying the tranquility of the Upper Valley. A wonderful opportunity to own a home in one of El Paso's most sought-after areas. Schedule your tour and see it for yourself!

  5. 2026-03-05
    listed $234,990 Active 592-char remark
    Show marketing remark (592 chars)

    Beautifully maintained home located in the highly desirable Upper Valley area of El Paso. This charming property offers a comfortable layout with spacious living areas and a welcoming atmosphere perfect for everyday living and entertaining. Conveniently situated just minutes from I-10 and approximately 5 minutes from Santa Teresa, providing quick access to shopping, dining, and major roadways while still enjoying the tranquility of the Upper Valley. A wonderful opportunity to own a home in one of El Paso's most sought-after areas. Schedule your tour and see it for yourself!

  6. 2023-11-07
    soldstatus
  7. 2023-10-10
    status Pending
  8. 2023-09-29
    listed $199,500 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$5,293 · $441/mo
Projected year-2 tax
$5,293 · $441/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 3/10 Moderate FEMA zone X · 17% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 6/10 Major 6 d/yr ≥101°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$23,376
− Mortgage interest
−$12,996
− Property taxes
−$5,293
− Insurance
−$1,160
− Repairs & maintenance
−$1,870
− Management
−$1,870
− Depreciation
−$6,749
Taxable loss
−$6,562
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,575
After-tax cash flow
$-1,011/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Canutillo ISD
NCES district ID
4812780
Math proficiency
28% ▼ -23.00%
Reading proficiency
39% ▼ -7.00%
Median HH income
$48,327
Composite
28.91/100
National rank
#6636
State rank
#542 of 826 in TX

Livability — El Paso

Score
81/100
State rank
#23
US rank
#1375

Category grades

Amenities B Commute A+ Cost of living A+ Crime B- Employment D+ Housing A+ Health & safety B- User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
El Paso, TX
County
El Paso County · 761,266 people
City population
630,223
Metro
El Paso, TX
Population (ZIP)
30,786
Household income
$78,277
Rent vs Own
28.9% rent · 71.1% own
Severe rent burden
655.0

Population outlook (El Paso County) Hauer SSP2

Today (2025)
897,899 people
By 2030
922,694 · +2.8%
By 2040
960,492 · +7.0%
By 2050
982,919 · +9.5%
By 2075
997,266 · +11.1%
By 2100
900,630 · +0.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly Hispanic (79%)
Race & ethnicity
Hispanic / Latino 79% Two or more races 31% White 19%
Hispanic origin (detail)
Mexican 72%
Common ancestry
Slovak 1% Romanian 1% Serbian 1%
Foreign-born
21% · Canada, Vietnam, Jamaica
Languages at home
35% English-only · Spanish 62% French/Haitian/Cajun 1% German/W. Germanic 1%

Political lean MEDSL · El Paso

2024 margin
D (+15.1) · D 57.0% · R 41.8% · Other 1.2%
2008→2024 swing
-17.4pp toward R · 2008: 32.5pp · 2024: 15.1pp
All cycles
2024: D+15.1 2020: D+35.1 2016: D+43.2 2012: D+32.6 2008: D+32.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -108.39%
Current HPI
232.2077
Rent YoY
▲ 5.03%
Metro
El Paso, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+16.3% since first listed
8 events — show timeline
  • 2026-05-16 Contingent GEPARMLS
  • 2026-04-17 Price Changed $231,999 GEPARMLS
  • 2026-03-24 Relisted GEPARMLS
  • 2026-03-23 Contingent GEPARMLS
  • 2026-03-05 Listed $234,990 GEPARMLS
  • 2023-11-07 Sold (Public Records) Public Records
  • 2023-10-10 Pending GEPARMLS
  • 2023-09-29 Listed $199,500 GEPARMLS

Property tax history

+4.9%/yr

Latest (2025): $5,293 · +11.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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