Under $200K Investment Properties for Sale in El Paso, TX

El Paso, TX offers strong investment opportunities in homes under $200k, with affordable entry points for cash-flowing properties. Rental yields average 8-10% due to steady demand from military personnel and border trade workers. The city's cap rates around 7% and annual appreciation of 4-5% make it attractive for long-term holds. Renter-occupied housing exceeds 40%, supported by stable employment growth. Low vacancy rates and rising median rents enhance cash flow potential for investors.