Multi-family
8168 Valley View Dr · El Paso, TX
Flood risk No data
- FEMA flood zone
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- Chance of flooding over 30 yrs
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- Est. flood insurance / yr
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Fire risk No data
- Est. fire insurance / yr
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Heat risk No data
- Hot days now (above threshold)
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- Hot days in 30 yrs
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Wind risk No data
- Chance of severe wind over 30 yrs
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Air-quality risk No data
- Unhealthy air days now
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- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
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 +19.1/30.0
- ARV discount +7.5/15.0
- DSCR +6.0/10.0
- 1% rule +5.2/10.0
- Rent growth +5.0/5.0
- Livability +4.0/5.0
- Schools +2.6/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$449,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records
Listing remarks
Attention Investors! Multifamily property located in a prime, quiet area situated on a 0.51-acre lot with potential for additional development. Main house features approximately 810 sq ft of living space with 2 bedrooms, 1 bathroom, xeriscape front yard, mini-split cooling unit, and garage. Four apartment units each offer approximately 750 sq ft of living space with 2 bedrooms, 1 bathroom, ceiling fans, refrigerator, gas stove, and individual wood-fenced yards. Convenient access to Yarbrough Rd & Loop 375. Within walking distance to J. P. Shawver Park.
Key facts
- Multifamily property
- Xeriscape front yard
- 0.51 acre lot
Tags
Property features AI
Finance
- Other: Special listing conditions: see remarks
Exterior
- Parking: On-street parking; One space per unit; See remarks for additional parking details
- Utilities: All city utilities
- Home design: House plus unit(s) (multi-unit property)
- Construction: Stucco construction; Composition pitched roof; Total building area approximately 3,810
- Exterior features: Stucco exterior; Pitched composition roof; Lot is approximately 0.51 acre
Interior
- Kitchen: Refrigerator; Free‑standing gas oven; See remarks for additional appliances
- Bedrooms: Total of 5 units (multi-unit property)
- Flooring: Carpet; Hardwood; Vinyl
- Heating & cooling: Forced air heating; Evaporative cooling; Ceiling fans
- Interior features: Carpet, hardwood, and vinyl flooring throughout; Ceiling fans; See remarks for additional interior details
Neighborhood map
What this means for you Summary
Snapshot
- This is a multifamily listed at $449k.
Deal economics
- At list price, monthly cash flow is $475 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($5k rent vs $449k).
- Recommended offer: $442k (1.5% below list) — sets the bar for market timing.
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+.
- Ysleta ISD (urban): math 27% / reading 35% proficiency, ranked #626 of 826 in TX (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Del Valle H S (math 48% / reading 41%, grade F, #652 of 1,632 statewide, top 43%, 1,957 students, 78% FRL).
- Zoned-school proficiency averages 44% at this address vs 31% district-wide (+14 pts) — the actual schools serving this property are materially stronger than the Ysleta ISD average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents rising fast (+11.8%/yr); 103 active listings in the ZIP; lower-income renter base — watch delinquency; 2,196 units permitted in El Paso County in 2024 (143 in 5+ unit buildings).
- At $4,593/mo this rent would consume 132% of the median local household income ($42k/yr) (locally 1390% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k 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 + 8.0% rent growth), your $126k cash investment doubles in ~10 years — after that, you're playing with house money.
Negotiation context
- It's been on market 28 days — a 2% lower offer ($442k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 25y 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 $79k; list at $449k implies a 468% gain — meaningful room to come down on a strong offer.
Questions for the listing agent
- Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.02% ✓
- Cap rate
- 7.56%
- Cash-on-cash
- 4.54%
- DSCR
- 1.20
- GRM
- 8.1
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 8.0% rent growth · sell at horizon
- IRR
- -3.7%
- Equity multiple
- 0.86×
- Total profit
- $-18,119
- Equity at exit
- $66,947
- IRR
- 11.1%
- Equity multiple
- 2.07×
- Total profit
- $134,078
- Equity at exit
- $38,821
Cash invested: $125,720 (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
ZIP-level market 79907
- Home prices YoY
- -9.8%
- Rents YoY
- 11.8%
- Active inventory
- 103
- Price-to-rent
- 40.7×
Monthly cashflow live
- Estimated rent
- $4,593 medium interval (Pro) →
- Mortgage (P&I)
- −$2,355
- Tax from tax record
- −$612 /mo · $7,339/yr
- Insurance
- −$187
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$965
- Net cashflow
- $475
Break-even live
Sensitivity live
| Price | -10% $729 | -5% $602 | +0% $475 | +5% $348 | +10% $221 |
|---|---|---|---|---|---|
| Rent | -10% $112 | -5% $294 | +0% $475 | +5% $657 | +10% $838 |
| Rate | -1.0pp $701 | -0.5pp $589 | base $475 | +0.5pp $359 | +1.0pp $240 |
5-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 5× units | 2 | 1 | $4,595 |
| #1 | 2 | 1 | $919 |
| #2 | 2 | 1 | $919 |
| #3 | 2 | 1 | $919 |
| #4 | 2 | 1 | $919 |
| #5 | 2 | 1 | $919 |
| Total (5 units) | $4,593 | ||
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
- $112,250
- Closing costs
- $13,470
- 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.
Listing history 24 events
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2026-06-18days on market $449,000 Active 28 DOM
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2026-06-17days on market $449,000 Active 27 DOM
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2026-06-16days on market $449,000 Active 26 DOM
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2026-06-15days on market $449,000 Active 25 DOM
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2026-06-13days on market $449,000 Active 23 DOM
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2026-06-10days on market $449,000 Active 20 DOM
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2026-06-09days on market $449,000 Active 19 DOM
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2026-06-08days on market $449,000 Active 18 DOM
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2026-06-07days on market $449,000 Active 17 DOM
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2026-06-05days on market $449,000 Active 14 DOM
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2026-06-03days on market $449,000 Active 13 DOM
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2026-06-03days on market $449,000 Active 12 DOM
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2026-06-01days on market $449,000 Active 11 DOM
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2026-05-31days on market $449,000 Active 10 DOM
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2026-03-03$449,000 Active
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2023-01-18soldstatus
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2022-12-23status Pending
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2022-12-01$275,000 Active
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2005-04-01soldstatus
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2005-03-08historical
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2004-08-23$130,000
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2001-08-07$95,000
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1990-06-08soldstatus $79,000
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1989-11-27soldstatus
ⓘ 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
- $7,339 · $612/mo
- Projected year-2 tax
- $8,217 · $685/mo
- Expected delta
- +$878/yr (+$73/mo · 12.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $55,116
- − Mortgage interest
- −$25,151
- − Property taxes
- −$7,339
- − Insurance
- −$2,245
- − Repairs & maintenance
- −$4,409
- − Management
- −$4,409
- − Depreciation
- −$13,062
- Taxable loss
- −$1,499
- Est. tax savings @ 24.0%
- +$360
- After-tax cash flow
- $6,062/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
- Ysleta ISD
- NCES district ID
- 4846680
- Math proficiency
- 27% ▼ -31.00%
- Reading proficiency
- 35% ▼ -11.00%
- Median HH income
- $35,826
- Composite
- 25.65/100
- National rank
- #7400
- State rank
- #626 of 826 in TX
Livability — El Paso
- Score
- 81/100
- State rank
- #23
- US rank
- #1375
Category grades
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)
- 46,365
- Household income
- $41,617
- Rent vs Own
- Severe rent burden
- 1390.0
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 (94%)
- Race & ethnicity
- Hispanic / Latino 94% Two or more races 42% White 4% Native American 1% Black 1%
- Hispanic origin (detail)
- Mexican 90%
- Foreign-born
- 28% · Canada
- Languages at home
- 21% English-only · Spanish 78%
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
- ▼ -27.34%
- Current HPI
- 251.9374
- Rent YoY
- ▲ 11.79%
- 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
+468.4% since first listed10 events — show timeline
- 2026-03-03 Listed $449,000 GEPARMLS
- 2023-01-18 Sold (Public Records) — Public Records
- 2022-12-23 Pending — GEPARMLS
- 2022-12-01 Listed $275,000 GEPARMLS
- 2005-04-01 Sold (Public Records) — Public Records
- 2005-03-08 Listing Removed — GEPARMLS
- 2004-08-23 Listed $130,000 GEPARMLS
- 2001-08-07 Listed $95,000 GEPARMLS
- 1990-06-08 Sold (Public Records) $79,000 Public Records
- 1989-11-27 Sold (Public Records) — Public Records
Property tax history
+8.8%/yrLatest (2025): $7,339 · +0.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…