7501 Howard St · El Paso, TX 79904

$67,000

3 bd · 2.0 ba · 1,216 sqft · Other · 1 Days on market

Built 1986 Good condition

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Condition / age +3.8/5.0
• Schools +2.7/10.0
• Rent growth +2.6/5.0
• Appreciation +0.0/10.0

Listing remarks

Own a 3-bedroom, 2-bath home in El Paso for about half the cost of a traditional mortgage and take the next step toward affordable homeownership today! This spacious 1,200 sq ft home is located in Northeast El Paso at 7501 Howard St inside a well-established mobile home community and offers a practical path to ownership for families, first-time buyers, and anyone tired of rising rent payments. Recent upgrades include: ? Luxury vinyl plank flooring throughout ? New water lines installed throughout the home ? New 4-ton HVAC system with all new ducting ? Fresh interior paint ? Driveway plus additional exterior parking This home is available with seller financing, making it easier to qualify

Key facts

• Fresh interior paint
• New water lines
• New hvac system

Tags

• LUXURY VINYL PLANK FLOORING
• NEW WATER LINES
• NEW HVAC SYSTEM
• FRESH INTERIOR PAINT

Property features AI

Exterior

• Home design: Built in 1986
• Exterior features: Property in Sunrise Acres East subdivision

Interior

• Interior features: Open living spaces (living area approximately 1,216); Located in the Sunrise Acres East subdivision

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $67k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $520 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $67k).

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.
• Market conditions: Rents flat; 82 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,196 units permitted in El Paso County in 2024 (143 in 5+ unit buildings).
• This rent runs 36% of the median local income ($42k/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 $463 of loan paydown is wiped out by about $2k 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.
• At projected returns (-3.0% appreciation + 0.4% rent growth), your $19k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 8→29/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $67,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 1.86% ✓
• Cap rate: 15.61%
• Cash-on-cash: 33.29%
• DSCR: 2.48
• GRM: 4.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.38% rent growth · sell at horizon

5-year hold

• IRR: 25.5%
• Equity multiple: 2.02×
• Total profit: $19,110
• Equity at exit: $9,990

10-year hold

• IRR: 31.6%
• Equity multiple: 3.50×
• Total profit: $46,946
• Equity at exit: $5,793

Cash invested: $18,760 (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 79904

• Home prices YoY: -13.4%
• Rents YoY: 0.4%
• Active inventory: 82
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $1,245 high
• Mortgage (P&I): −$351
• Tax est. 1.5%: −$84 /mo · $1,005/yr
• Insurance: −$28
• HOA: −$0
• Vacancy / Maint / Mgmt: −$261
• Net cashflow: $520

Break-even live

Break-even rent $586

Max offer price $67,000

Occupancy floor 53%

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: $16,750
• Closing costs: $2,010
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7505 Golden Knight Unit A El Paso, TX	3.0	2.5	1214	$1,225	$1.01	21d	1	0.36mi
7509 Golden Knight Unit A El Paso, TX	3.0	2.0	984	$1,295	$1.32	2d	1	0.37mi
8308 Capitan Cir El Paso, TX	2.0	1.0	874	$1,250	$1.43	2d	1	0.55mi
4117 Volcanic Ave El Paso, TX	3.0	1.5	1425	$1,450	$1.02	43d	1	0.57mi
4120 Olympic Ave Unit B El Paso, TX	3.0	2.0	984	$1,325	$1.35	43d	1	0.65mi
4016 Titanic Ave El Paso, TX	3.0	2.0	1426	$1,600	$1.12	2d	1	0.66mi
7598 Diana Dr El Paso, TX	3.0	2.0	1018	$1,092	$1.07	2d	2	0.69mi
4809 Sierra Madre Dr El Paso, TX	2.0	2.0	844	$1,250	$1.48	2d	1	0.71mi
8604 Lawson St Unit 3 El Paso, TX	2.0	1.0	762	$745	$0.98	2d	1	0.74mi
3913 Titanic Ave El Paso, TX	4.0	2.0	1272	$1,600	$1.26	43d	1	0.78mi
8700 Norton St Unit 50-23C El Paso, TX	2.0	1.0	830	$749	$0.90	2d	1	0.86mi
8700 Norton St Unit 00-27A El Paso, TX	2.0	1.0	830	$699	$0.84	43d	1	0.86mi
8700 Norton St Unit 50-14C El Paso, TX	2.0	1.0	830	$749	$0.90	23d	1	0.86mi
8609 Mercury St Unit B El Paso, TX	3.0	1.0	814	$1,450	$1.78	14d	1	0.91mi
5021 Tetons Dr El Paso, TX	3.0	1.0	907	$1,350	$1.49	14d	1	1.01mi
3615 Olympic Ave El Paso, TX	2.0	2.0	1458	$1,450	$0.99	2d	1	1.04mi
8909 Herbert St Unit C El Paso, TX	3.0	2.0	1000	$1,025	$1.02	43d	1	1.10mi
5216 Adolphus Ave El Paso, TX	1.0–2.0	1.0	800	$788	$0.98	43d	1	1.11mi
8640 Mount Whitney Dr El Paso, TX	3.0	1.0	925	$1,169	$1.26	43d	1	1.14mi
8929 Robert Dr Unit Back El Paso, TX	2.0	1.0	800	$1,000	$1.25	23d	1	1.16mi
8929 Robert Dr El Paso, TX	3.0	1.0	1024	$1,450	$1.42	43d	1	1.16mi
8931 Marks St Unit C El Paso, TX	2.0	2.0	812	$1,200	$1.48	14d	1	1.17mi
8931 Marks St Unit C El Paso, TX	2.0	2.0	812	$1,200	$1.48	23d	1	1.17mi
8933 Kenneth St Unit B El Paso, TX	2.0	1.0	851	$950	$1.12	43d	1	1.19mi
8939 Marks St Unit B El Paso, TX	2.0	2.0	839	$1,195	$1.42	43d	1	1.20mi
8944 Herbert St Unit B El Paso, TX	3.0	2.0	1207	$1,375	$1.14	23d	1	1.21mi
8724 Polaris St El Paso, TX	3.0	2.0	1072	$1,495	$1.39	14d	1	1.24mi
3809 Moonlight Ave Unit A El Paso, TX	3.0	2.0	980	$1,250	$1.28	23d	1	1.35mi
4220 Broaddus Ave El Paso, TX	2.0	1.0	986	$1,000	$1.01	14d	1	1.36mi
3817 Thomason Ave El Paso, TX	3.0	1.0	1088	$1,245	$1.14	43d	1	1.44mi
4006 Skyline Ave Unit A El Paso, TX	2.0	1.0	981	$1,225	$1.25	43d	1	1.46mi

Listing history 1 events

1. 2026-05-26
   listed $67,000 Active

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% 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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,938
• − Mortgage interest: −$3,753
• − Property taxes: −$1,005
• − Insurance: −$335
• − Repairs & maintenance: −$1,195
• − Management: −$1,195
• − Depreciation: −$1,949
• Taxable income: $5,506
• Est. tax owed @ 24.0%: −$1,321
• After-tax cash flow: $4,924/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.

Condition & rehab AI · 1 photo

Good 75/100 Cosmetic rehab

This 3-bedroom, 2-bath home in El Paso is in good condition with recent upgrades, making it a good investment opportunity.

Value-add opportunities

• Both Landscaping and curb appeal improvements — Enhances the home's aesthetic appeal and could attract more buyers or renters.
• Both Interior updates — Fresh paint and flooring can make the home more appealing and increase its value.
• Both Exterior updates — Improving the exterior can enhance the home's curb appeal and attract more buyers or renters.

Renovation cost estimate screening

Value-add ROI direction

• Both Landscaping and curb appeal improvements — Enhances the home's aesthetic appeal and could attract more buyers or renters. ↑
• Both Interior updates — Fresh paint and flooring can make the home more appealing and increase its value. ↑
• Both Exterior updates — Improving the exterior can enhance the home's curb appeal and attract more buyers or renters. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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): 32,976
• Household income: $41,841
• Rent vs Own: 55.8% rent · 44.2% own
• Severe rent burden: 1866.0

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 (73%)
• Race & ethnicity: Hispanic / Latino 73% Two or more races 40% White 17% Black 6% Asian 2%
• Hispanic origin (detail): Mexican 67% Puerto Rican 2%
• Common ancestry: Italian 1% Romanian 1% Lithuanian 1%
• Foreign-born: 22% · Canada
• Languages at home: 40% English-only · Spanish 58% Other Asian/Pacific 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: ▼ -37.17%
• Current HPI: 239.8876
• Rent YoY: ▲ 0.38%
• 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

1 event — show timeline

• 2026-05-26 Listed $67,000 FSBO.com