10429 Cronus Dr · El Paso, TX 79924

$150,000

3 bd · 2.0 ba · 1,272 sqft · SingleFamily public records · 5 Days on market

Built 1975 6,084 sqft lot Est $202k · 26% under

---

Why this score? — see what drove the C- 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).

• Cash flow +15.9/30.0
• ARV discount +15.0/15.0
• 1% rule +5.6/10.0
• DSCR +4.9/10.0
• Livability +4.0/5.0
• Rent growth +3.6/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Cash buyers and investors, look no further! This just listed in El Paso property is the perfect addition to your portfolio, offering an incredible opportunity for a profitable fix-and-flip or a high-yielding rental. Located in a highly desirable area, this North East home for sale boasts massive value-add potential. The heavy lifting has already been done! This home features a brand-new roof, a newly installed water heater, and a new refrigerated AC and furnace system, saving you thousands in upfront capital expenditures. The layout includes 3 bedrooms, plus an excellent garage conversion equipped with its own private entry/exit--perfect for a 4th bedroom or maximizing rental income. Situat

Key facts

• Expansive bonus room
• Garage conversion
• Flexible layout

Tags

• BRAND-NEW ROOF
• NEWLY INSTALLED WATER HEATER
• GARAGE CONVERSION
• PRIVATE ENTRY EXIT
• FLEXIBLE LAYOUT
• EXPANSIVE BONUS ROOM

Property features AI

Finance

• HOA & community: No HOA fee inclusions

Exterior

• Home design: Single family residence; Pitched roof
• Construction: Brick construction
• Exterior features: See remarks; Back yard fencing; Open patio/porch

Interior

• Kitchen: See remarks
• Flooring: See remarks
• Bathrooms: 2 full bathrooms; 1 three-quarter bathroom
• Fireplace: 1 fireplace
• Heating & cooling: Central heating; Refrigerated cooling
• Interior features: See remarks

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $5 ($56/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).

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+.
• El Paso ISD (urban): math 27% / reading 37% proficiency, ranked #591 of 826 in TX (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Charles Middle (math 25% / reading 34%, grade F, #1,077 of 1,662 statewide, top 66%, 450 students, 84% FRL); Andress H S (math 19% / reading 34%, grade F, #1,228 of 1,632 statewide, top 76%, 1,530 students, 83% FRL) — zoned schools average 84% FRL vs 65% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.5%/yr); 248 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 2,196 units permitted in El Paso County in 2024 (143 in 5+ unit buildings).
• This rent runs 33% of the median local income ($57k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 26y 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.
• Current owner paid $37k; list at $150k implies a 305% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.7% of price; flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; extreme-heat days projected 8→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $150,000

Questions for the listing agent

1. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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. 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.
7. 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.
8. 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: 1.06% ✓
• Cap rate: 6.86%
• Cash-on-cash: 2.03%
• DSCR: 1.09
• GRM: 7.9

CMA / ARV

• ARV (on-the-fly): $202,248
• Comps found: 2

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4800 Trojan Dr	0.23mi	3/2.0	1,450 (+14%)	0mo	$230,000	$159	66
5201 Capistrano Dr	0.55mi	3/1.0	1,092 (-14%)	8mo	$170,000	$156	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.5% rent growth · sell at horizon

5-year hold

• IRR: -14.0%
• Equity multiple: 0.49×
• Total profit: $-21,421
• Equity at exit: $22,365

10-year hold

• IRR: -2.4%
• Equity multiple: 0.82×
• Total profit: $-7,352
• Equity at exit: $12,969

Cash invested: $42,000 (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.

Methodology + full state rankings →

ZIP-level market 79924

• Home prices YoY: -13.2%
• Rents YoY: 4.5%
• Active inventory: 248
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,587 high
• Mortgage (P&I): −$787
• Tax from tax record: −$334 /mo · $4,005/yr
• Insurance: −$62
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$333
• Net cashflow: $5

Break-even live

Break-even rent $1,581

Max offer price $150,000

Occupancy floor 95%

Sensitivity live

Price	-10% $90	-5% $47	+0% $5	+5% $-38	+10% $-80
Rent	-10% $-121	-5% $-58	+0% $5	+5% $67	+10% $130
Rate	-1.0pp $80	-0.5pp $43	base $5	+0.5pp $-34	+1.0pp $-74

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10429 Persephone Dr El Paso, TX	4.0	2.0	1238	$1,790	$1.45	5d	1	0.17mi
10452 Persephone Dr El Paso, TX	3.0	2.0	1014	$1,250	$1.23	16d	1	0.17mi
10521 Gala Pl El Paso, TX	3.0	2.0	1346	$1,485	$1.10	45d	1	0.32mi
5012 Salem Dr El Paso, TX	3.0	2.0	1306	$1,850	$1.42	25d	1	0.34mi
4917 Royal Dr El Paso, TX	3.0	2.0	1034	$1,425	$1.38	25d	1	0.43mi
4713 Harvest Ln El Paso, TX	3.0	2.0	1220	$1,475	$1.21	25d	1	0.61mi
10345 Biscaine St El Paso, TX	4.0	2.0	1778	$1,675	$0.94	25d	1	0.65mi
5140 Tropicana Ave El Paso, TX	3.0	1.0	998	$1,100	$1.10	13d	1	0.75mi
5140 Tropicana Ave El Paso, TX	3.0	1.0	998	$1,050	$1.05	5d	1	0.75mi
10899 Northview Dr El Paso, TX	3.0	2.0	1532	$1,500	$0.98	25d	1	0.95mi
5205 Nome Ave El Paso, TX	4.0	2.0	1788	$1,995	$1.12	25d	1	0.97mi
10909 Northview Dr El Paso, TX	4.0	2.0	1473	$1,850	$1.26	16d	1	1.00mi
10720 McAllen Pl El Paso, TX	3.0	2.0	1134	$1,500	$1.32	25d	1	1.04mi
10037 Oakwood Dr El Paso, TX	3.0	1.5	1039	$1,200	$1.15	45d	1	1.11mi
10708 Levelland Pl El Paso, TX	3.0	2.0	1064	$1,400	$1.32	45d	1	1.15mi
10708 Levelland Pl El Paso, TX	3.0	2.0	1064	$1,400	$1.32	16d	1	1.15mi
10004 Odessa Ln El Paso, TX	4.0	2.0	1770	$1,495	$0.84	45d	1	1.15mi
10983 Duke Snider Cir El Paso, TX	4.0	2.0	1760	$1,850	$1.05	45d	1	1.23mi
10344 Redwood St El Paso, TX	3.0	2.0	1179	$1,275	$1.08	25d	1	1.24mi
10902 Yogi Berra Dr El Paso, TX	3.0	2.0	1167	$1,300	$1.11	25d	1	1.26mi
5613 Creston Ave El Paso, TX	3.0	2.0	1364	$1,550	$1.14	5d	1	1.27mi
10969 Duke Snider Cir El Paso, TX	3.0	2.0	1003	$1,385	$1.38	13d	1	1.28mi
10948 Casey Stengel Pl El Paso, TX	3.0	2.0	1304	$1,625	$1.25	45d	1	1.28mi
5732 Arrowhead Dr El Paso, TX	3.0	1.0	957	$1,175	$1.23	45d	1	1.30mi
5741 Arrowhead Dr El Paso, TX	3.0	2.0	1080	$1,175	$1.09	45d	1	1.31mi
10901 Joe Dimaggio Cir El Paso, TX	4.0	2.0	1400	$1,750	$1.25	23d	1	1.34mi
5516 Fairbanks Dr El Paso, TX	3.0	2.0	1303	$1,500	$1.15	45d	1	1.35mi
5104 Paris Ave El Paso, TX	3.0	2.0	1196	$1,495	$1.25	5d	1	1.39mi
10096 Ontario St El Paso, TX	4.0	2.0	1774	$1,859	$1.05	45d	1	1.41mi
5845 Wrangler Dr El Paso, TX	3.0	1.5	1196	$1,550	$1.30	25d	1	1.46mi

Listing history 6 events

1. 2026-06-07
   statusdays on market $150,000 Pending 5 DOM
2. 2026-06-05
   days on market $150,000 Active 4 DOM
3. 2026-06-03
   days on market $150,000 Active 3 DOM
4. 2026-06-03
   days on market $150,000 Active 2 DOM
5. 2026-06-01
   remarks 699-char remark
6. 2026-06-01
   listed $150,000 Active 1 DOM

ⓘ 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: $4,005 · $334/mo
• Projected year-2 tax: $4,005 · $334/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 9/10 Extreme FEMA zone X · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 6/10 Major 8 d/yr ≥100°F today · 29 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,048
• − Mortgage interest: −$8,402
• − Property taxes: −$4,005
• − Insurance: −$1,547
• − Repairs & maintenance: −$1,524
• − Management: −$1,524
• − Depreciation: −$4,364
• Taxable loss: −$2,318
• Est. tax savings @ 24.0%: +$556
• After-tax cash flow: $613/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: El Paso ISD
• NCES district ID: 4818300
• Math proficiency: 27% ▼ -24.00%
• Reading proficiency: 37% ▼ -7.00%
• Median HH income: $38,704
• Composite: 26.75/100
• National rank: #7138
• State rank: #591 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): 60,364
• Household income: $56,976
• Rent vs Own: 38.5% rent · 61.5% own
• Severe rent burden: 1903.0

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 (72%)
• Race & ethnicity: Hispanic / Latino 72% Two or more races 35% White 16% Black 7% Asian 1% Native American 1%
• Hispanic origin (detail): Mexican 66% Puerto Rican 2%
• Common ancestry: Lithuanian 1% Italian 1% Romanian 1%
• Foreign-born: 19% · Canada, South Korea
• Languages at home: 42% English-only · Spanish 56% German/W. Germanic 1% Korean 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: ▼ -40.46%
• Current HPI: 265.8729
• Rent YoY: ▲ 4.50%
• Metro: El Paso, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+305.4% since first listed

14 events — show timeline

• 2026-05-30 Listed $150,000 GEPARMLS
• 2026-03-09 Listing Removed — GEPARMLS
• 2026-02-23 Relisted — GEPARMLS
• 2026-02-23 Price Changed $149,000 GEPARMLS
• 2026-02-05 Contingent — GEPARMLS
• 2026-01-31 Listed $149,888 GEPARMLS
• 2019-06-05 Sold (Public Records) — Public Records
• 2018-12-06 Listing Removed — GEPARMLS
• 2006-05-23 Sold (Public Records) — Public Records
• 2002-03-15 Sold (Public Records) — Public Records
• 2002-01-05 Listed $60,000 GEPARMLS
• 2000-11-17 Listed $61,900 GEPARMLS
• 1979-06-01 Sold (Public Records) $37,000 Public Records
• 1977-07-04 Sold (Public Records) — Public Records

Property tax history

+4.8%/yr

Latest (2025): $4,005 · +12.0% YoY. Source: county tax records.