New Socorro Duplex with
471 Huereque Drive Unit A & B El Paso, TX 79927
471 Huereque Drive Unit A & B, El Paso, TX, 79927
$474,000
For Sale
$474,000
New duplex in Socorro featuring modern kitchens and double garages.
Property Size3,808 SF
Price / SF$124.47
Days on Market154
Property Features for 471 Huereque Drive Unit A & B
General Information
- Standard status
- Active
- Size
- 3,808 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 2024
Listing Agency
JPAR EP (869)
(915) 433-2261
Listed by
Eddie Gonzales · License #0508570
Source
Compass
Added: Feb 13 Checked: Jul 17 at 4:53 am
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 JPAR EP (869)
Investment Insights
Based on property information with market context.
This new duplex is located in Socorro. The property features a total of 6 bedrooms and 4 bathrooms. Each unit includes 3 bedrooms and 2 bathrooms. Each unit also has a double garage. The entry foyer of each unit features hanging lights that open to a modern kitchen equipped with white cabinets with hardware and stainless steel appliances. Granite countertops and a tile backsplash are installed in the kitchens. A breakfast bar with a bay window is also present. The units have combined dining and living areas. The owner's suite is zoned and includes a separate shower and tub, as well as a walk-in closet with shelving. Each unit also contains a utility room with a mop sink. The units mirror each other. The property size is 3808 square feet.
Key Highlights
- New duplex construction (2024) in Socorro.
- Total of 6 bedrooms and 4 bathrooms (3 bedrooms and 2 bathrooms per unit).
- Modern kitchens with white cabinets, granite countertops, tile backsplash, and stainless steel appliances.
Local 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 | $51.6k | $13.56 |
| − Vacancy | −$2.5k | −$0.64 |
| EGI | $49.2k | $12.92 |
| − OpEx | −$14.8k | −$3.87 |
| NOI | $34.4k | $9.04 |
3,808 SF · lease $13.56/SF/yr · vacancy 4.75% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$491.8K
$430.4K – $573.8K
NOI $34,429 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$453.6K
$396.9K – $529.3K
NOI $31,755 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$955.3K
$835.9K – $1.11M
NOI $66,874 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - New duplex in Socorro featuring modern kitchens and double garages.
Where is this duplex located?
The property is located at 471 Huereque Drive Unit A & B El Paso, TX.
What is the asking price?
The asking price for this property is $474,000.
What are key features of this property?
This property features: New duplex construction (2024) in Socorro.; Total of 6 bedrooms and 4 bathrooms (3 bedrooms and 2 bathrooms per unit).; Modern kitchens with **white cabinets, granite countertops, tile backsplash, and stainless steel appliances.**
