El Paso boasts 183 friendly neighborhoods, each of them with all basic amenities. The exclusive residential areas are located on the city’s west side. There’s a variety of regions to choose from, including contemporary downtown areas, quiet communities, and recreation enthusiast’s dreams. Here are the hottest neighborhoods that will fetch a high appreciation rate and ROI in El Paso.
Located on the northeastern side of El Paso, Castner Heights boasts major thoroughfares in its borders, including Railroad Drive, Woodrow Bean Transmountain Road, and Patriot Freeway. While there are a few houses for lease and rent, the area mainly comprises single family homes.
The well-priced homes come with several parks and attractions in the vicinity, including the Painted Dunes Golf Course, Cohen Stadium, Border Patrol Museum, and the El Paso Museum of Archeology. El Paso Independent School District, the public school system, and several public schools serve Castner Heights, giving residents several options to choose from.
Emory Road/West Sunset Road
Popular with executive professionals and several families with school-going children, this deluxe neighborhood has homes that cost $326,947 on average. Rental apartments and homes in the Emory Road/West Sunset Road area go for $1,497 per month. It’s one of the most expensive neighborhoods in El Paso.
The housing stock in Emory Road/West Sunset Road consists of medium-sized to large townhouses and single family homes. While most of the residents own homes, real estate investors can take advantage of the few remaining opportunities to bag some good profits. With its walkability and above-average safety, the neighborhood is especially suitable for college students.
Famed for its safety and walkability access, Mission Hills is a friendly neighborhood with a median home price of $275,642. The average rental price is only $779, making it one of the most affordable areas to live in El Paso. Featuring numerous houses that were built between 1940 and 1970, the neighborhood also has a handful of restaurants, parks, and stores.
The housing stock comprises medium-sized and small apartment complexes and single family homes. As one of the most college student-friendly neighborhoods in Texas, Mission Hills is home to several students who prefer walking in a safe environment to and from the nearby schools. With 45.5% of the residents having executive, professional, and management jobs, real estate investors can expect to fetch good profits from this neighborhood.
Beautified by two lakes and seven parks, Mountain View offers its residents great green space and several options for recreational activities. Bounded by Railroad Drive and Patriot Freeway, the neighborhood predominantly consists of soldiers based at Fort Bliss and veteran Army personnel. Middle-class families also call Mountain View home.
The price range for most single-family homes in this area is $135,000-175,000. However, the housing stock in this neighborhood also comprises condominiums, apartments, and homes converted for lease or rent. El Paso Independent School District is the most popular school in Mountain View. This neighborhood is one of the safest to live in, thanks to the military presence.
Featuring a sizable Sunshine Park at the center of the area, Park Foothills is a serene and safe neighborhood. Residents can easily access the nearby restaurants, businesses, and stores. Suitable for middle-class families, the price range for single family homes in Park Foothills is $135,000-200,000. Also, the area has some apartments in its housing stock.
With its authentic small-town feel, the neighborhood boasts close-knit relationships between its community members and an opulent pace of life. Bounded by Hondo Pass and Patriot Freeway, Park Foothills offers a convenient commute to the city center. The area is serviced by a variety of public schools.
Silver Springs Village
Situated on the western side of Interstate 85, Silver Springs Village offers its residents quick access to the city center. It is one of the most culturally and socioeconomically diverse neighborhoods in El Paso. The economically sound community has a low unemployment rate, with no poverty. The area boasts a wide range of housing options, including apartment complexes, condos, and single family homes.
Moreover, Silver Springs Village has numerous shops, stores, bars, and restaurants, making its social and shopping scene energetic. Furthermore, the community enjoys greenways, thanks to the availability of small parks in the area. Residents can also choose from the public and private schools that Silver Springs Village has to offer. Houses in the area start from $175,000.
It’s not just Silver Springs Village that’s culturally and economically diverse. Via Hermosa also makes the list. Featuring numerous small parks, this neighborhood provides popular destinations for residents to enjoy jogging, biking, picnics, and other outdoor recreational activities. Safer than most of the neighborhoods in El Paso, Via Hermosa boasts declining crime rates. Its cultural, socioeconomic, and ethnic diversity has resulted in a strong local identity among the residents of this community.
Via Hermosa’s residents work in a wide range of occupations, from laborers to executive professionals. The neighborhood has solid schools, too. Home prices in this area are between $135,000 and $200,000. The mixed housing stock in the neighborhood comprises single family homes, condos, apartments, and converted homes for lease or rent.
Bounded by Art Craft Road, E, Redd Road, Doniphan Drive, and Interstate 10 on the north, south, east, and west, respectively, Montoya Heights is one of the most accessible neighborhoods in El Paso. A nearby waterway allows residents to enjoy numerous water-related recreational activities.
While the neighborhood has limited housing options, its bounding streets have many. Both public and private schools serve the neighborhood. The median listing price for homes in Montoya Heights is $220,000.
Start Investing in El Paso
Investing in the El Paso real estate market is a wise decision. As one of the safest cities in Texas and the US, it attracts a good population. Since El Paso is an affordable market, it gives investors an easy time to enter into it. Also, the area boasts a strong and diverse job market, guaranteeing a constant property income. As a city that is still undergoing redevelopment, El Paso has some affordable houses that can appreciate quickly in the coming years. Therefore, investors should rush to invest in the Sun City.