As this vibrant border city expands, savvy investors are turning their gaze from the established downtown core to its blossoming outskirts. With a surge of young professionals seeking affordable living and a taste of that quintessential Texan charm, several neighborhoods are on the cusp of a renaissance. But which areas are poised to offer the most real estate success?
Let's go through what El Paso neighborhoods you should be looking at for real estate investing.
Mission Hills
Found near the University of Texas at El Paso, this hillside neighborhood offers stunning views of the Franklin Mountains and the Rio Grande, making it an increasingly desirable location for Texas homeowners and renters.
What makes Mission Hills particularly attractive to investors is the growing demand for housing in a neighborhood that appeals to both families and professionals. That makes it a strategic property investment spot.
Eastwood Heights
Known for its amazing, family-friendly parks, tree-lined streets, and proximity to top-rated schools, Eastwood Heights offers an ideal suburban feel with easy access to the city's amenities.
The neighborhood has long been a favorite for families, but recent developments and infrastructure improvements are driving renewed interest from investors looking for long-term growth.
Make sure you hire a property manager to help you out with your new Eastwood Heights rental property.
Kern Place
Kern Place presents a fantastic opportunity due to its high demand for rental properties, driven by UTEP's student population and young professionals seeking a convenient and lively location.
The area's walkability, abundance of local restaurants, bars, and shops, and its strong community vibe make it an attractive option for long-term investments. Property values in Kern Place have been steadily rising, and as the neighborhood continues to develop, it's expected to see even more growth in the coming years.
Five Points
Five Points is a historic neighborhood in central El Paso that's experiencing a renaissance when it comes to real estate market trends. This area, named for its five-way intersection, blends old-world charm with modern development, creating a unique urban landscape.
The neighborhood's proximity to downtown El Paso and the Medical Center of the Americas adds to its appeal, potentially driving up property values in the coming years. The city has invested in infrastructure improvements and beautification projects in the area, further enhancing its desirability.
Investors should keep an eye on the older properties in Five Points, which offer opportunities for renovation and resale. It's a great choice when you're shopping for your first rental property. The growing demand for rental properties among young professionals also makes this neighborhood an attractive option for those looking to invest in rental units.
Start Real Estate Investing in El Paso Today
There are so many amazing neighborhood options when it comes to El Paso real estate investing. Look at a few of these, and make the right choice for your needs.
Are you ready to hire El Paso property managers for your next rental properties? Rental Network Property Management, Inc. has been providing the best possible services in the greater El Paso area for over 30 years.
Give us a call today.