Renovated Triplex with Studio
For Sale
$285,999
10284 Nirmal Drive, Socorro, TX 79927
Residential Income, Socorro, TX
Property Size1,856 SF
Lot Size0.14 Acres
Price / SF$154.09
Days on Market210
Property Features for 10284 Nirmal Drive
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
C1
Subdivision
Gurdev
Elementary school
Hilley
Middle school
Salvador Sanchez
High school
Socorro
Elementary school district
Socorro
Middle school district
Socorro
High school district
Socorro
Standard status
Active
APN
G99000000030016
Size
1,856 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
3 GURDEV LOT 16 (6000 SQ FT)
Tax Annual Amount
4678
Legal Description
3 GURDEV LOT 16 (6000 SQ FT)
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Central
Building Details
Year built
1986
Number of units
3
Building materials
Block, Wood Siding
Roof type
Shingle
Listing Agency:
Revolve Realty, LLC
(915) 500-9549
Listed By:
Luis Hernandez
(915) 329-6691
Added: Mar 18
Changed: Sep 12
Last Checked: Oct 13 at 1:06PM
MLS# 940529
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 1,856-square-foot triplex combines a three-bedroom, one-bath residence with two studio units. The primary dwelling includes an open living area, while each studio has a kitchenette and private bathroom. Updates include the roof, electrical and plumbing systems, HVAC, windows, doors, and interior finishes.
The property spans 0.14 acres across 10284 Nirmal Drive and 10285 North Loop in Socorro, Texas. C1 zoning and shared utilities are established for the property. Additional physical details include block and wood siding, a shingle roof, forced-air and central heating, public sewer service, and a 1986 construction date.
The property spans 0.14 acres across 10284 Nirmal Drive and 10285 North Loop in Socorro, Texas. C1 zoning and shared utilities are established for the property. Additional physical details include block and wood siding, a shingle roof, forced-air and central heating, public sewer service, and a 1986 construction date.
Key Highlights
- 1,856 SF triplex on a 0.14‑acre parcel
- Three‑bedroom, one‑bath main residence with open living area
- Two studio units, each with a kitchenette and private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,391
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,820
$307.8K
Cap Rate 7%
$219,871
$219.9K
Cap Rate 9%
$171,011
$171.0K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$23.4K $12.60/SF
− Vacancy
−$1.4K −$0.75/SF
EGI
$22.0K $11.85/SF
− OpEx
−$6.6K −$3.55/SF
NOI
$15.4K $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 Rate 5%
$307,820
Cap Rate 7%
$219,871
Cap Rate 9%
$171,011
Alternative Uses
Best Use
Multifamily LT 5
$219.9K
$192.4K – $256.5K
NOI $15,391 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$201.7K
$176.5K – $235.3K
NOI $14,118 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$335.4K
$293.5K – $391.3K
NOI $23,479 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
187
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
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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?
Triplex - Commercially zoned triplex includes a three-bedroom residence and two studio units.
Where is this triplex located?
The property is located at 10284 Nirmal Drive Socorro, TX.
What is the asking price?
The asking price for this property is $285,999.
What are key features of this property?
This property features: 1,856 SF triplex on a 0.14‑acre parcel; Three‑bedroom, one‑bath main residence with open living area; Two studio units, each with a kitchenette and private bathroom
