Renovated Duplex with Covered
For Sale
$369,000
11601 valle bajo Road, Socorro, TX 79927
Residential Income, Socorro, TX
Property Size2,714 SF
Lot Size0.48 Acres
Price / SF$135.96
Days on Market95
Property Features for 11601 valle bajo Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1
Parking features
Paved or Surfaced
Subdivision
El Gran Valle
Elementary school
Capistrano
Middle school
Socorrom
High school
Socorro
Elementary school district
Socorro
Middle school district
Socorro
High school district
Socorro
Standard status
Active
APN
150222
Size
2,714 SF
Lot size
0.48 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
19 EL GRAN VALLE #2 LOT 9 (20999.79 SQ FT)
Tax Annual Amount
7085
Legal Description
19 EL GRAN VALLE #2 LOT 9 (20999.79 SQ FT)
Utilities
Sewer type
Septic Tank
Cooling system
Ceiling Fan(s), Central Air
Amenities
covered front porch
RV access
Building Details
Year built
2008
Number of units
2
Building materials
Stucco
Roof type
Rubber
Listing Agency:
Acala Investments, LLC
(915) 549-5551
Listed By:
Herman Diego Ruz
(915) 345-0864
Added: Jun 12
Changed: Sep 3
Last Checked: Sep 14 at 10:06AM
MLS# 945758
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 duplex at 11601 Valle Bajo Road in Socorro, Texas, contains 2,714 square feet across two residential units. Both units feature large living areas, spacious bedrooms, walk-in closets, tile flooring, updated fixtures, and remodeled bathrooms with custom tile showers. A covered front porch serves the property, while central air conditioning and ceiling fans provide cooling. Stucco construction, a rubber roof, and a septic tank are also included.
The property occupies 0.48 acres and provides paved parking, along with room for storage and RV access. Built in 2008, it is located in El Paso County and carries R1 zoning. The separate unit layouts support residential occupancy with distinct living spaces within the same duplex structure.
The property occupies 0.48 acres and provides paved parking, along with room for storage and RV access. Built in 2008, it is located in El Paso County and carries R1 zoning. The separate unit layouts support residential occupancy with distinct living spaces within the same duplex structure.
Key Highlights
- 2,714 square feet arranged as a duplex
- 0.48‑acre lot with paved parking and RV access
- Both units include spacious bedrooms and walk‑in closets
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
$22,506
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
6.10%
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%
$450,120
$450.1K
Cap Rate 7%
$321,514
$321.5K
Cap Rate 9%
$250,067
$250.1K
Market Conditions
NOI Build-Up for 2,714 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
$34.2K $12.60/SF
− Vacancy
−$2.0K −$0.75/SF
EGI
$32.2K $11.85/SF
− OpEx
−$9.6K −$3.55/SF
NOI
$22.5K $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%
$450,120
Cap Rate 7%
$321,514
Cap Rate 9%
$250,067
Alternative Uses
Best Use
Multifamily LT 5
$321.5K
$281.3K – $375.1K
NOI $22,506 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$294.9K
$258.1K – $344.1K
NOI $20,644 @ 7.0% cap · market cap 5.59%
Theoretical Best
Office A
$490.5K
$429.2K – $572.2K
NOI $34,333 @ 7.0% cap · market cap 9.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
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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?
Duplex - Two residential units offer updated finishes, generous layouts, and paved parking.
Where is this duplex located?
The property is located at 11601 valle bajo Road Socorro, TX.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 2,714 square feet arranged as a duplex; 0.48‑acre lot with paved parking and RV access; Both units include spacious bedrooms and walk‑in closets
