Side-by-side comparison of Laredo, TX and El Paso, TX — cap rates, rent, prices, and investment metrics.
Cash flow: Laredo has the edge with an estimated cap rate of 4.05% compared to El Paso's 3.69%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $175,000 in Laredo vs $195,000 in El Paso, while rents come in at $1,020/mo and $1,080/mo respectively.
Growth & appreciation: Laredo is growing faster at 1% annually vs El Paso's 0.6%. El Paso leads on home value appreciation at 2.3% per year.
Costs & risk: Property taxes are 1.7% in Laredo vs 1.74% in El Paso. Vacancy rates of 6.3% and 6.2% are mixed — El Paso has the tighter rental market.
Bottom line: Laredo edges out El Paso on most key metrics. While cap rates are moderate at 4.05%, Laredo's overall profile is stronger. Use our free calculators to model specific deals in Laredo or El Paso.