Why Live in Terrace Hills
Terrace Hills is a small neighborhood of attractively priced midcentury homes in northeast El Paso that offers a tranquil, yet convenient setting. It is bordered by canyons that separate it from the Franklin Mountains. “Often times, people who are moving to that area want to be in a quieter part of the city,” says Debbie Figueroa of The Real Estate Power Houses, who recently sold a home in the neighborhood. The slow-paced residential community does offer the convenience of proximity to Woodrow Bean Transmountain Road, which provides nearby commerce and access throughout the city. A collection of midcentury-moderns and ranch-style homes offers ample yard space. “Larger lots with larger homes on larger streets,” Figueroa says. “There are different pockets in the city with midcentury homes, but this is one of the older, established neighborhoods.” The non-HOA homes, built from the late 1950s through the early 1970s, feature driveways and a mix of carports and attached garages. Several homes have been renovated. Prices range from the mid-$100,000s to the high $200,000s for the largest renovations. “There’s affordability within the entire city of El Paso,” Figueroa says. “It depends on
Home Trends in Terrace Hills, TX
On average, homes in Terrace Hills, El Paso sell after 50 days on the market compared to the national average of 51 days. The median sale price for homes in Terrace Hills, El Paso over the last 12 months is $185,000, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$185,000
Median Single Family Sale Price
$185,000
Average Price Per Sq Ft
$135
Number of Homes for Sale
3
Last 12 months Home Sales
11
Median List Price
$194,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
4%