Renovated Triplex in Socorro,
10284 Nirmal Drive, Socorro, TX 79927
MULTI_FAMILY - Socorro, TX
Property size:
1,856 SFLot size:
0.14 AcresPrice / SF:
$159/SF- Added:
- Mar 18, 2026
- Days on Market:
- 61
- Last Refresh:
- May 17 at 2:06 am
Property Features for 10284 Nirmal Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C1
- 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
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Forced Air
Building Details
- Year built
- 1986
- Number of units
- 3
- Building materials
- Block, Wood Siding
- Roof type
- Shingle
Listing agent Luis Hernandez (915) 329-6691
Listing office Revolve Realty, LLC 1355 George Dieter Dr. Ste. 107/108, El Paso, TX (915) 500-9549
Listing date Mar 18, 2026
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.
HighLights
- Fully renovated triplex in a prime North Loop location with commercial zoning.
- Strong income‑producing potential with two studio units ideal for rental income or business occupancy.
- Extensively updated including roof, electrical, plumbing, HVAC, windows, doors, and interior finishes.
- Main residence features 3 spacious bedrooms, 1 updated bathroom, and an open‑concept living area.
- Flexible for owner‑occupant, investor, or business owner.
- Located near major roads, shopping, and local amenities.
Overview
This renovated triplex is located in a prime North Loop location, spanning two addresses: 10284 Nirmal and 10285 North Loop. Situated along a high-visibility commercial corridor, the property offers potential for residential or business use. The property has been extensively updated, including the roof, electrical system, plumbing, HVAC, windows, doors, and interior finishes. The main residence features 3 bedrooms, 1 updated bathroom, and an open-concept living area. Two additional studio units each include a kitchenette and a private bathroom. Zoned commercial with shared utilities, this property offers flexibility for an owner-occupant, investor, or business owner seeking income-producing potential in a high-traffic location near major roads, shopping, and local amenities. The property size is 1856 square feet and the lot size is 0.14 acres.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$210.0K
NOI $18,901 @ 9.00% cap · cautious / downside scenario
Moderate
$270.0K
NOI $18,901 @ 7.00% cap · market / base-case scenario
Aggressive
$378.0K
NOI $18,901 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.0k | $15.60 |
| − Vacancy | −$3.8k | −$2.02 |
| EGI | $25.2k | $13.58 |
| − OpEx | −$6.3k | −$3.39 |
| NOI | $18.9k | $10.18 |
1,856 SF · lease $15.60/SF/yr · vacancy 12.96% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$270.0K
$236.3K – $315.0K
NOI $18,901 @ 7.0% cap · market cap 6.39%
Second Best
Multifamily LT 5
$219.9K
$192.4K – $256.5K
NOI $15,391 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$335.4K
$293.5K – $391.3K
NOI $23,479 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Map
- City
- Socorro
- County
- El Paso
- State
- Texas
- Longitude
- -106.174
- Latitude
- 31.6519
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Fully renovated triplex with commercial zoning and income potential.
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 $295,999.
What are key features of this property?
This property features: Fully renovated triplex in a prime North Loop location with commercial zoning.; Strong income‑producing potential with two studio units ideal for rental income or business occupancy.; Extensively updated including roof, electrical, plumbing, HVAC, windows, doors, and interior finishes.
