Remodeled Duplex Income
10736 Donna Marie Drive Socorro, TX 79927
For Sale
$379,950
MULTI_FAMILY - Socorro, TX
Property Size2,343 SF
Lot Size0.23 Acres
Price / SF$162.16
Days on Market8
Property Features for 10736 Donna Marie Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
A1
Parking features
Secured
Appliances
Range Hood, Free-Standing Gas Oven, Fan Hood
Standard status
Active
APN
L98500000050036,l9850000050019
Size
2,343 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
5 LYNN PARK REPLAT LOT 19 (10000.00 SQ FT)
Tax Annual Amount
7347
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Multi Units, Ceiling Fan(s)
Building Details
Year built
1987
Number of units
2
Building materials
Masonite, Stucco
Roof type
Shingle
Listing Agency:
NXT Level Real Estate
(915) 292-2324
Listed By:
David Arteaga
(915) 295-2757
Added: Jul 23
Changed: Jul 29
Last Checked: Jul 30 at 4:06AM
MLS# 948441
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.
Located at 10736 Donna Marie Drive in Socorro, this remodeled duplex-style income property includes two residences totaling 2,343 square feet. Both homes feature ceramic plank flooring, granite countertops, designer bathrooms with spa-inspired showers, updated lighting, fresh HVAC systems, and new roofs.
The property sits on an oversized 10,018 square foot lot and is listed under zoning A1. The existing configuration supports an owner-occupant setup alongside a rental unit for additional income.
With the substantial interior and major system upgrades already completed in both residences, the home offers a straightforward two-unit layout with consistent finishes across the property.
The property sits on an oversized 10,018 square foot lot and is listed under zoning A1. The existing configuration supports an owner-occupant setup alongside a rental unit for additional income.
With the substantial interior and major system upgrades already completed in both residences, the home offers a straightforward two-unit layout with consistent finishes across the property.
Key Highlights
- Oversized 10,018 SF lot in Socorro with two remodeled residences totaling 2,343 SF
- Two separate residences—live in one and rent the other (buyer can use as rental or extended‑family space)
- Updated interiors in both homes with ceramic plank flooring and granite countertops
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 | $29.5k | $12.60 |
| − Vacancy | −$1.8k | −$0.75 |
| EGI | $27.8k | $11.85 |
| − OpEx | −$8.3k | −$3.55 |
| NOI | $19.4k | $8.29 |
2,343 SF · lease $12.60/SF/yr · vacancy 5.98% · expense 30.00%
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
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two remodeled residences on a 10,018 SF lot in Socorro, with new roofs and updated HVAC systems.
Where is this duplex located?
The property is located at 10736 Donna Marie Drive 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: Oversized 10,018 SF lot in Socorro with two remodeled residences totaling 2,343 SF; Two separate residences—live in one and rent the other (buyer can use as rental or extended‑family space); Updated interiors in both homes with ceramic plank flooring and granite countertops
