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421 Panahi Road Socorro, TX 79927

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For Sale
$380,000

MULTI_FAMILY - Other - Socorro, TX

Property size:
2,862 SF
Lot size:
0.22 Acres
Added:
Nov 12, 2025
Days on Market:
142
Last Refresh:
Apr 3 at 5:06 pm

Property Features for 421 Panahi Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
8
Bathrooms
5
Rooms
Bedroom 2, Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 5, Bathroom 3, Bathroom 6, Bedroom 7, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 4
Window features
Double Pane Windows
Interior features
Ceiling Fan(s), Handicap Access
Fencing
Fenced
Accessibility
Accessible Approach with Ramp
Appliances
Disposal, Exhaust Fan, Free-Standing Gas Oven
Standard status
Active
APN
F80000202100280
Size
2,862 SF
Lot size
0.22 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
21 FRIEDMAN ESTATES #2 LOT 28
Tax Annual Amount
9262

Utilities

Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Ceiling Fan(s), Evaporative Cooling

Building Details

Year built
1987
Floors in Building
2
Flooring type
Tile
Building materials
Stucco
Roof type
Flat
Architectural style
Other

We can help!

Listing Contact
Jorge Daniel Leon

Listing agent Jorge Daniel Leon License #0432121

Listing office Leon Realty Group, LLC 7367 Brays Landing Dr., El Paso, TX

Listing date Nov 12, 2025

MLS# 933660 Listing URL

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.


Overview

Well-Maintained Socorro Fourplex For Sale

This well-maintained fourplex is located in a strong rental area and offers a solid income opportunity. The property consists of two 1-story units, each with 2 bedrooms, 1 bathroom, and 591 square feet, and two 2-story units, each with 2 bedrooms, 1 bathroom, and 840 square feet. Each unit includes tile flooring, washer/dryer hookups, a free-standing gas oven, and individual electric and gas meters. Central heating and evaporative cooling are in place. Situated between Socorro Rd and Alameda Ave in the Socorro Independent School District, the property benefits from consistent rental demand and convenient access to schools, shops, and major routes. The lot size is 0.22 acres. The property's total size is 2862 square feet. The current gross income is approximately $36,000 per year, with the potential to increase rents and maximize overall revenue. The owner is responsible for water and sewer expenses.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Map

City
Socorro
County
El Paso
State
Texas
Longitude
-106.174
Latitude
31.6519

FAQs

What type of property is this?
Quadplex - Income-generating fourplex in Socorro ISD with potential for increased revenue.
Where is this quadplex located?
The property is located at 421 Panahi Road Socorro, TX.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Strong income property with approximately $36,000 annual gross income and potential for increased rents.; Well‑maintained four‑plex in a high‑demand rental area.; Each unit has individual electric/gas meters and washer/dryer hookups.
More about this property
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