Remodeled Two-Residence
For Sale
$379,950
10736 Donna Marie Drive #Rear, Socorro, TX 79927
Two updated residences offer flexible occupancy for household use, rental income, or extended-family living.
Property Size2,343 SF
Lot Size0.23 Acres
Price / SF$162.16
Days on Market31
Property Features for 10736 Donna Marie Drive #Rear
General Information
Standard status
Active
Size
2,343 SF
Lot size
0.23 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1987
Listing Agency:
NXT Level Real Estate
(915) 295-2757
Listed By:
David Arteaga · License #4417
Source:
Risingsundevelopmentgroup
Added: Jul 30
Changed: Aug 29
Last Checked: Aug 29 at 11:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NXT Level Real Estate
Investment Insights
Based on property information with market context.
This duplex includes two remodeled residences with a combined 2,343 square feet of living area. Built in 1987, the property occupies an oversized 10,018-square-foot lot and offers a flexible arrangement for owner occupancy, rental income, or extended-family use.
Interior improvements include ceramic plank flooring, granite countertops, updated lighting, and redesigned bathrooms with spa-style showers. Both residences also feature updated HVAC systems and new roofs. The property is located at 10736 Donna Marie Drive #Rear in Socorro, Texas 79927.
Interior improvements include ceramic plank flooring, granite countertops, updated lighting, and redesigned bathrooms with spa-style showers. Both residences also feature updated HVAC systems and new roofs. The property is located at 10736 Donna Marie Drive #Rear in Socorro, Texas 79927.
Key Highlights
- Two remodeled residences totaling 2,343 square feet
- Oversized 10,018 square foot lot
- Ceramic plank flooring and granite countertops
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
5.11%
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 5.11%
Second Best
Apartment 5plus
$254.6K
$222.8K – $297.0K
NOI $17,822 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$423.4K
$370.5K – $494.0K
NOI $29,640 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences offer flexible occupancy for household use, rental income, or extended-family living.
Where is this duplex located?
The property is located at 10736 Donna Marie Drive #Rear Socorro, TX.
What is the asking price?
The asking price for this property is $379,950.
What are key features of this property?
This property features: Two remodeled residences totaling 2,343 square feet; Oversized 10,018 square foot lot; Ceramic plank flooring and granite countertops
