Ranch home in 9308 Raleigh Dr El Paso, TX
This 1,742-square-foot Ranch home in El Paso, TX includes 2 bedrooms and 3 bathrooms. Its Ranch character defines the property's look.
| Price | $190,000 |
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| Beds | 2 |
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| Baths | 3 |
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| Sqft | 1742 |
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| Architectural style | Ranch (78% match) |
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| Address | 9308 Raleigh Dr El Paso, TX 79924 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $190K, this home is 27% below the $259K median for 436 similar Ranch homes in El Paso, TX.
- That works out to $109 per square foot, 33% below the $163 comparable rate.
- On the market 9 days.
| This home | $190,000 |
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| Ranch median in El Paso, TX | $259,000 (436 homes) |
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| Price per sq ft | $109 vs. $163 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,377/month with 20% down at a 7.28% 30-year fixed rate. You would need about $59,025 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,040/mo |
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| Property tax (new-buyer reassessed rate) | $266/mo |
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| Homeowners insurance | $71/mo |
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| Total monthly | $1,377/mo |
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| Down payment (20%) | $38,000 |
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| Income needed | $59,025/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (55 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C- (55/100) |
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| Beats renting in | 6% of modeled paths |
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| Modeled 5-yr equity (median) | $79,419 |
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| Range (10th to 90th pct) | $44,224 to $122,719 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward El Paso, TX where local data is thin.
Local home values
Typical home values in El Paso, TX have risen about 33% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto