Two-Story Duplex with Double Car
For Sale
$460,500
11467 Van Nuys Drive, Socorro, TX 79927
MULTI_FAMILY - Socorro, TX
Property Size3,030 SF
Lot Size0.19 Acres
Price / SF$151.98
Days on Market153
Property Features for 11467 Van Nuys Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1
Appliances
Washer Hookup, Washer, Refrigerator, Microwave, Free-Standing Gas Oven, Dryer, Dishwasher
Subdivision
Sunset Valley
Elementary school
Hueco
Middle school
Socorrom
High school
Socorro
Elementary school district
Socorro
Middle school district
Socorro
High school district
Socorro
Standard status
Active
APN
98600000401800
Size
3,030 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BLK 4 SUNSET VALLEY ESTATES # LOT 16
Tax Annual Amount
11228
Legal Description
BLK 4 SUNSET VALLEY ESTATES # LOT 16
Utilities
Sewer type
Public Sewer
Heating system
Central, Forced Air
Cooling system
Ceiling Fan(s)
Building Details
Year built
2023
Number of units
2
Flooring type
Tile
Building materials
Stucco
Roof type
Shingle
Listing Agency:
The Right Move Real Estate Gro
(915) 253-1966
Listed By:
Cristal Hernandez
(915) 519-5245
Added: Mar 13
Changed: Jul 30
Last Checked: Aug 12 at 6:06AM
MLS# 940426
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 two-story duplex includes both Unit A and Unit B, offering 1,515 SF per side for a total of 3,030 SF. The combined layout provides four bedrooms and two full bathrooms, plus one half bathroom across the two units. Appliances are included, and the property features tile flooring, stucco construction, and a shingle roof. Heating is provided by central and forced air systems, with ceiling fans for cooling.
The duplex is situated on a corner lot of 0.19 acres and includes a double car garage. It is served by public sewer and is zoned R1. With easy access to major roads, the property is positioned for convenient day-to-day needs, including shopping, dining, schools, and parks.
The duplex is situated on a corner lot of 0.19 acres and includes a double car garage. It is served by public sewer and is zoned R1. With easy access to major roads, the property is positioned for convenient day-to-day needs, including shopping, dining, schools, and parks.
Key Highlights
- Two‑story duplex with both Unit A and Unit B included
- 1,515 SF per side; 3,030 SF total living area
- Corner lot on 0.19 acres with double car garage
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
$25,126
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
5.46%
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%
$502,520
$502.5K
Cap Rate 7%
$358,943
$358.9K
Cap Rate 9%
$279,178
$279.2K
Market Conditions
NOI Build-Up for 3,030 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
$38.2K $12.60/SF
− Vacancy
−$2.3K −$0.75/SF
EGI
$35.9K $11.85/SF
− OpEx
−$10.8K −$3.55/SF
NOI
$25.1K $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%
$502,520
Cap Rate 7%
$358,943
Cap Rate 9%
$279,178
Alternative Uses
Best Use
Multifamily LT 5
$358.9K
$314.1K – $418.8K
NOI $25,126 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$329.3K
$288.1K – $384.1K
NOI $23,048 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$547.6K
$479.1K – $638.9K
NOI $38,331 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
69
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-story duplex on a corner lot with a double car garage and appliances included for both units.
Where is this duplex located?
The property is located at 11467 Van Nuys Drive Socorro, TX.
What is the asking price?
The asking price for this property is $460,500.
What are key features of this property?
This property features: Two‑story duplex with both Unit A and Unit B included; 1,515 SF per side; 3,030 SF total living area; Corner lot on 0.19 acres with double car garage
