10429 Cronus Drive, El Paso, TX 79924
Local realty services provided by:Better Homes and Gardens Real Estate Elevate
Listed by: rene armijo
Office: otre group, llc.
MLS#:944906
Source:TX_GEPAR
Price summary
- Price:$150,000
- Price per sq. ft.:$117.92
About this home
Cash buyers and investors, look no further! This just listed in El Paso property is the perfect addition to your portfolio, offering an incredible opportunity for a profitable fix-and-flip or a high-yielding rental. Located in a highly desirable area, this North East home for sale boasts massive value-add potential.
The heavy lifting has already been done! This home features a brand-new roof, a newly installed water heater, and a new refrigerated AC and furnace system, saving you thousands in upfront capital expenditures. The layout includes 3 bedrooms, plus an excellent garage conversion equipped with its own private entry/exit--perfect for a 4th bedroom or maximizing rental income.
Situated in a prime location near Transmountain and Highway 54, it allows for an easy commute to anywhere in the city.
This El Paso investment property for sale is a cash purchase only and is priced to move. Bring your vision and secure this asset today! An incredible new opportunity has just hit the market for savvy real estate investors, rehabbers, and landlords looking to expand their portfolios in a booming Texas market. Welcome to this highly anticipated property, just listed in El Paso! If you have been searching for a profitable North East home for sale that combines a rock-solid foundation, major recent mechanical upgrades, and massive value-add potential, your search ends here.
This property is being offered exclusively as a cash purchase, making it an ideal acquisition for investors looking to skip the lengthy financing delays and close quickly on a high-potential asset. Whether your strategy is a quick fix-and-flip to capture equity or a long-term buy-and-hold to generate strong monthly cash flow, this property is primed and ready for its next chapter.
UNBEATABLE LOCATION & COMMUTER'S DREAM
Location is the number one rule in real estate investment, and this home delivers. Situated in a highly sought-after pocket of Northeast El Paso, the property sits near the intersection of Transmountain Road (Loop 375) and Highway 54 (Gateway North/South).
This strategic positioning allows for an incredibly easy commute to anywhere in the city. Future tenants or buyers will love the convenience of being just minutes away from Fort Bliss, downtown El Paso, local schools, parks, dining, and major retail hubs. The ease of access to major thoroughfares ensures this property will always be in high demand, keeping your vacancy rates low and your resale value high.
THE MAJOR UPGRADES ARE ALREADY DONE
One of the biggest risks in purchasing an investment property is the hidden cost of aging mechanical systems and structural components. Fortunately, this El Paso investment property for sale mitigates that risk entirely. The current owner has already invested heavily in the home's infrastructure, ensuring that the most expensive capital expenditures are taken care of.
When you purchase this home, you walk into instant equity and peace of mind with:
Brand-New Refrigerated AC & Furnace: Say goodbye to outdated evaporative cooling. A state-of-the-art refrigerated air conditioning system and a brand-new furnace have been recently installed, ensuring year-round comfort and massive appeal for future buyers or tenants.
Brand-New Roof: A newly installed roof provides structural longevity, protects your investment from the elements, and drastically lowers future maintenance costs.
Brand-New Water Heater: A recently installed water heater guarantees reliable plumbing infrastructure and saves you from unexpected plumbing emergencies during a flip or a lease term.
With the roof, HVAC, and hot water system already brand new, your renovation budget can be focused entirely on cosmetic upgrades that drive the highest return on investment (ROI).
FLEXIBLE LAYOUT WITH MAXIMIZED INCOME POTENTIAL
The interior layout of this home offers a unique footprint that is highly adaptable to your specific investment strategy. The main footprint features 3 spacious bedrooms and a functional layout ready for a modern cosmetic refresh.
In addition to the core layout, the garage has been professionally converted into an expansive bonus room. What makes this conversion a true goldmine for investors is its private entry and exit. This independent access opens up a world of possibilities:
The Ultimate Rental Maximizer: Utilize it as a massive 4th bedroom or a mother-in-law suite, allowing you to command top-dollar market rent for the neighborhood.
House-Hacking or Multi-Unit Potential: For landlords, the separate entrance creates an opportunity to potentially section off the space for a multi-tenant setup (subject to local zoning), effectively increasing your gross rental yield.
High-End Flip Appeal: For flippers, converting this into a stunning master suite, a secondary living area, or a private home office will make this property stand out significantly against the competition when it returns to the market.
INVESTMENT STRATEGIES: FIX-AND-FLIP OR BUY-AND-HOLD
The Fix-and-Flip Strategy: Because the big-ticket items (HVAC, roof, water heater) are already brand new, your scope of work is straightforward. Focus your capital on fresh interior/exterior paint, modern flooring, updated kitchen cabinets, quartz or granite countertops, and refreshed bathrooms. The high-demand Northeast location ensures a strong Average Target Retail Price (ARV) and a fast turnaround time once listed for resale.
The Buy-and-Hold Rental Strategy: Northeast El Paso remains one of the strongest rental markets in the region, driven by its proximity to military personnel, medical professionals, and growing families. With a 3-to-4-bedroom configuration, this home will easily attract long-term, quality tenants. The new mechanical systems mean your ongoing maintenance expenses will be remarkably low, resulting in excellent operating income (NOI) and a highly attractive cap rate.
CASH PURCHASE TERMS
Please note that this property is priced aggressively to reflect its current cosmetic condition and is strictly available for cash buyers only. Proof of funds must be submitted with all offers. This is an incredible opportunity to leverage your liquid capital into a high-performing real estate asset in a competitive market without having to deal with traditional bank appraisals, lender repairs, or financing contingencies.
WHY INVEST IN EL PASO?
El Paso continues to rank as one of the safest, most affordable, and most resilient real estate markets in the United States. With steady job growth, a massive military presence at Fort Bliss, a bustling international trade hub, and a low cost of living, the demand for quality housing remains at an all-time high. Investing in this North East home for sale allows you to tap into a stable market with a proven track record of steady appreciation and strong rental demand.
SCHEDULE YOUR VIEWING TODAY
Properties with this blend of completed major upgrades, exceptional location convenience, and flexible layout potential do not stay on the market long--especially at this price point. Whether you are a seasoned investor looking for your next fast turnaround or an elite landlord looking to add a low-maintenance, high-cash-flow property to your portfolio, this is the deal you've been waiting for.
Don't let another investor beat you to the closing table. Contact us today to submit your proof of funds and schedule an immediate walkthrough of this prime El Paso investment property for sale. Opportunities like this are rare--act fast!...
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Home facts
- Year built:1975
- Listing ID #:944906
- Added:1 day(s) ago
- Updated:May 31, 2026 at 10:59 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:2
- Living area:1,272 sq. ft.
Heating and cooling
- Cooling:Refrigerated
- Heating:Central
Structure and exterior
- Year built:1975
- Building area:1,272 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Standard Lot
- Architectural Style:1 Story
- Construction Materials:Brick
- Exterior Features:Open
Schools
- High school:Andress
- Middle school:Charles
- Elementary school:Charles Q. Murphree
Utilities
- Water:City
Finances and disclosures
- Price:$150,000
- Price per sq. ft.:$117.92
- Tax amount:$4,651 (2026)
Features and amenities
- Pool features:None
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