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Duplex Under Construction
For Sale
$237,000

471 Huereque Drive, Socorro, TX 79927

MULTI_FAMILY - Other - Socorro, TX

Property Size1,904 SF
Lot Size0.25 Acres
Price / SF$124.47
Days on Market46

Property Features for 471 Huereque Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Zoning R3
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
Parking features Driveway, Open
Window features Blinds, Skylight(s)
Interior features Eat-in Kitchen, Ceiling Fan(s), Entrance Foyer, Walk-In Closet(s)
Exterior features Playground, Back Yard Access
Fencing Fenced
Appliances Convection Oven, Dishwasher, Microwave, Range Hood, Refrigerator
Subdivision Santa Martina
Lot features Standard Lot
Elementary school Robert R Rojas
Middle school Ern Serna
High school Socorro
Elementary school district Socorro
Middle school district Socorro
High school district Socorro
Standard status Active
APN 121997
Size 1,904 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 2 Santa Martina Lot 8
Tax Annual Amount 5200
Legal Description 2 Santa Martina Lot 8

Utilities

Sewer type Public Sewer
Heating system Forced Air, Central
Cooling system Central Air, Ceiling Fan(s)

Building Details

Year built 2024
Floors in Building 1
Flooring type Carpet, Tile
Building materials Stucco
Roof type Shingle, Flat
Architectural style Other
Listing Agency: JPAR EP (869)
Listed By: Eddie Gonzales · License #0508570
Added: Jun 17 Changed: Jul 30 Last Checked: Aug 1 at 10:06AM
MLS# 946126

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 is currently under construction (2024) and designed as mirrored units. Each unit features three full bedrooms and two full bathrooms, with an entry foyer, a large modern kitchen, and a combined dining and living layout. Interiors include eat-in kitchen finishes, ceiling fans, and walk-in closets, along with a laundry room and a utility room with a mop sink.

The kitchens are equipped with stainless-steel appliances and include convection oven, dishwasher, microwave, range hood, and refrigerator. The home is built with stucco exterior materials, with a mix of carpet and tile flooring. Heating and cooling are central, with forced air and central air plus ceiling fans. Roof elements include shingle and flat.

Outside, the property sits on a 0.25-acre lot and includes a fenced yard, driveway parking, and open parking. Exterior amenities include a playground and back yard access, with public sewer service.

Zoned R3, this duplex offers a practical single-starter-home or investment setup with self-contained unit layouts.

Key Highlights

  • Under construction duplex with 2024 completion
  • Mirrored units with three full bedrooms and two full bathrooms each
  • 0.25‑acre lot with fenced yard and back yard access

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 $24.0k $12.60
− Vacancy −$1.4k −$0.75
EGI $22.6k $11.85
− OpEx −$6.8k −$3.55
NOI $15.8k $8.29
1,904 SF · lease $12.60/SF/yr · vacancy 5.98% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$225.6K
$197.4K – $263.2K (±1% cap)
NOI $15,789 @ 7.0% cap · market cap 6.66%
Second Best
Apartment 5plus
$206.9K
$181.0K – $241.4K (±1% cap)
NOI $14,483 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$344.1K
$301.1K – $401.4K (±1% cap)
NOI $24,086 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Auto Repair Shop Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex under construction in R3 zoning with public sewer, central HVAC, and a fenced yard with back yard access.
Where is this duplex located?
The property is located at 471 Huereque Drive Socorro, TX.
What is the asking price?
The asking price for this property is $237,000.
What are key features of this property?
This property features: Under construction duplex with 2024 completion; Mirrored units with three full bedrooms and two full bathrooms each; 0.25‑acre lot with fenced yard and back yard access
More about this property
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