Remodeled Duplex with Two
New
For Sale
$359,950
10736 DONNA MARIE Drive, Socorro, TX 79927
Residential Income, Socorro, TX
Property Size2,343 SF
Lot Size0.23 Acres
Price / SF$153.63
Days on Market1
Property Features for 10736 DONNA MARIE Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
A1
Parking
10
Parking features
Secured
Appliances
Water Heater, Washer Hookup, Range Hood, Gas Water Heater, Free-Standing Gas Oven, Fan Hood, Exhaust Fan
Subdivision
Lynn Park
Elementary school
Escontrias
Middle school
Salvador Sanchez
High school
Socorro
Elementary school district
Socorro
Middle school district
Socorro
High school district
Socorro
Standard status
Active
APN
L98500000050036
Size
2,343 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
5 LYNN PARK REPLAT LOT 19 (10000.00 SQ FT)
Tax Annual Amount
7347
Legal Description
5 LYNN PARK REPLAT LOT 19 (10000.00 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Ceiling Fan(s), Multi Units
Building Details
Year built
1987
Number of units
2
Flooring type
Laminate, Tile, Tile - Ceramic, Hardwood
Building materials
Masonite, Stucco
Roof type
Shingle
Additional Structures
Guest House
Listing Agency:
NXT Level Real Estate
(915) 292-2324
Listed By:
David Arteaga · License #4417
(915) 295-2757
Added: Sep 11
Last Checked: Sep 11 at 7:06AM
MLS# 950961
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 duplex property includes two remodeled residences totaling 2,343 square feet on a 0.23-acre lot. Built in 1987, the property features ceramic plank flooring, granite countertops, updated lighting, designer bathrooms with spa-inspired showers, fresh HVAC systems, and new roofs. Both residences include central heating, ceiling fans, multi-unit cooling, and secured parking.
The property is located in Socorro, Texas, within El Paso County, and is served by public sewer. Construction includes Masonite and stucco, with shingle roofing. The two-residence layout supports separate occupancy, rental use, or extended-family living, subject to applicable requirements.
The property is located in Socorro, Texas, within El Paso County, and is served by public sewer. Construction includes Masonite and stucco, with shingle roofing. The two-residence layout supports separate occupancy, rental use, or extended-family living, subject to applicable requirements.
Key Highlights
- Two remodeled residences totaling 2,343 square feet
- 0.23‑acre lot with approximately 10,018 square feet of site area
- Ceramic plank flooring and granite countertops in both homes
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,429
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$388,580
$388.6K
Cap Rate 7%
$277,557
$277.6K
Cap Rate 9%
$215,878
$215.9K
Market Conditions
NOI Build-Up for 2,343 SF
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.
Gross rent
$29.5K $12.60/SF
− Vacancy
−$1.8K −$0.75/SF
EGI
$27.8K $11.85/SF
− OpEx
−$8.3K −$3.55/SF
NOI
$19.4K $8.29/SF
Area
El Paso County, TX
Vacancy
5.98%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$388,580
Cap Rate 7%
$277,557
Cap Rate 9%
$215,878
Alternative Uses
Best Use
Multifamily LT 5
$277.6K
$242.9K – $323.8K
NOI $19,429 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$254.6K
$222.8K – $297.0K
NOI $17,822 @ 7.0% cap · market cap 4.95%
Theoretical Best
Office A
$423.4K
$370.5K – $494.0K
NOI $29,640 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
Demographics for 79927, TX
40,290
Population
14,284
Households
2.8
Avg Household Size
35
Median Age
10%
College-Educated
70%
High-School Grad
27.4 sq mi
ZIP Area
1,470
Density / Sq Mi
$51,735
Median Household Income
$30,738
Median Earnings
$1,070
Median Rent
$125,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two updated homes offer flexible occupancy and income-producing residential use on an oversized lot.
Where is this duplex located?
The property is located at 10736 DONNA MARIE Drive Socorro, TX.
What is the asking price?
The asking price for this property is $359,950.
What are key features of this property?
This property features: Two remodeled residences totaling 2,343 square feet; 0.23‑acre lot with approximately 10,018 square feet of site area; Ceramic plank flooring and granite countertops in both homes
