Socorro Triplex Investment
10247 CALCUTTA Drive Socorro, TX 79927
10247 CALCUTTA Drive, Socorro, TX, 79927
$195,000
For Sale
$195,000
MULTI_FAMILY - Socorro, TX
Property Size1,612 SF
Lot Size0.16 Acres
Price / SF$120.97
Days on Market66
Property Features for 10247 CALCUTTA Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- M3
- Parking features
- On Street
- Standard status
- Active
- APN
- D39700000700250
- Size
- 1,612 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 7 DELIP LOT 25 (7000 SQ FT)
- Tax Annual Amount
- 2249
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1972
- Number of units
- 3
- Building materials
- Brick
- Roof type
- Shingle, Composition
Listing Agency
Home Pros Real Estate Group
(915) 585-8806
1035 Belvidere St., Suite 200, el paso, TX
Listed by
Edwin Morales Juarez · License #0721112
(915) 449-9698
Added: May 15 Checked: Jul 19 at 6:06 pm
MLS# 944103
Copyright © 2026 Greater El Paso Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This triplex, situated in Socorro, presents an investment opportunity. The property, currently vacant, features a unit with 2 bedrooms and two additional units with 1 bedroom each. The property is located on a lot of 0.16 acres and has a property size of 1612 square feet. Owner financing options are available. The zoning is M3.
Key Highlights
- Investment property (triplex)
- Owner financing available
- Vacant and ready for immediate rental or renovation
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.3k | $12.60 |
| − Vacancy | −$1.2k | −$0.75 |
| EGI | $19.1k | $11.85 |
| − OpEx | −$5.7k | −$3.55 |
| NOI | $13.4k | $8.29 |
1,612 SF · lease $12.60/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$191.0K
$167.1K – $222.8K
NOI $13,368 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$175.2K
$153.3K – $204.4K
NOI $12,262 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$291.3K
$254.9K – $339.9K
NOI $20,392 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex in Socorro, TX, with owner financing available.
Where is this triplex located?
The property is located at 10247 CALCUTTA Drive Socorro, TX.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Investment property (triplex); Owner financing available; Vacant and ready for immediate rental or renovation
