Newer Duplex Investment
For Sale
$425,000
477 SPC Isaac Trujillo Drive, Socorro, TX 79927
MULTI_FAMILY - Socorro, TX
Property Size3,050 SF
Lot Size0.16 Acres
Price / SF$139.34
Days on Market368
Property Features for 477 SPC Isaac Trujillo Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1
Appliances
Water Heater, Washer Hookup, Refrigerator, Microwave, Gas Water Heater, Disposal, Dishwasher, Built-In Gas Oven
Subdivision
Villas Del Valle
Elementary school
Escontrias
Middle school
Socorrom
High school
Socorro
Elementary school district
Socorro
Middle school district
Socorro
High school district
Socorro
Standard status
Active
APN
679795
Size
3,050 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Blk 19 Villas Del Balle #3 Lot 3
Tax Annual Amount
11205
Legal Description
Blk 19 Villas Del Balle #3 Lot 3
Utilities
Sewer type
Public Sewer
Heating system
Central
Building Details
Year built
2021
Number of units
2
Flooring type
Carpet, Tile
Building materials
Brick Veneer
Roof type
Shingle
Listing Agency:
Res Comm Real Estate
(915) 630-7325
Listed By:
Adolfo Holguin · License #0399907
(915) 630-7325
Added: Aug 28, 2025
Changed: Jul 18
Last Checked: Aug 30 at 9:06AM
MLS# 929249
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 for-sale duplex was recently built in 2021 and offers two separate units. Each unit includes four bedrooms and 2.5 bathrooms, along with a washer and dryer room and a single-car garage. The master bedroom is on the first floor, with additional bedrooms on the second floor. Both units also have refrigerated air. The exterior includes rock landscaping in both front and back for lower-maintenance upkeep.
The property is located in Socorro, in El Paso County, Texas. The address is 477 SPC Isaac Trujillo Drive, Socorro, TX 79927, and the listing notes that multiple nearby units (468, 469, 470, 473, 476 and 477) are offered for sale. Please do not disturb tenants.
Offered as an income property, the duplex provides a straightforward two-unit configuration with consistent layouts and shared types of improvements, including garage parking, in-unit laundry accommodations, and refrigerated air for both units.
The property is located in Socorro, in El Paso County, Texas. The address is 477 SPC Isaac Trujillo Drive, Socorro, TX 79927, and the listing notes that multiple nearby units (468, 469, 470, 473, 476 and 477) are offered for sale. Please do not disturb tenants.
Offered as an income property, the duplex provides a straightforward two-unit configuration with consistent layouts and shared types of improvements, including garage parking, in-unit laundry accommodations, and refrigerated air for both units.
Key Highlights
- Newer 2021‑built duplex with each unit offering 4 bedrooms and 2.5 bathrooms
- Each unit includes a washer and dryer room and refrigerated air
- Single‑car garages for the units
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
$25,292
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
5.95%
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%
$505,840
$505.8K
Cap Rate 7%
$361,314
$361.3K
Cap Rate 9%
$281,022
$281.0K
Market Conditions
NOI Build-Up for 3,050 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
$38.4K $12.60/SF
− Vacancy
−$2.3K −$0.75/SF
EGI
$36.1K $11.85/SF
− OpEx
−$10.8K −$3.55/SF
NOI
$25.3K $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%
$505,840
Cap Rate 7%
$361,314
Cap Rate 9%
$281,022
Alternative Uses
Best Use
Multifamily LT 5
$361.3K
$316.2K – $421.5K
NOI $25,292 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$331.4K
$290.0K – $386.7K
NOI $23,200 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$551.2K
$482.3K – $643.1K
NOI $38,584 @ 7.0% cap · market cap 9.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
78
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 - Duplex built in 2021 with two units, each featuring 4 bedrooms, 2.5 baths, and in-unit washer/dryer space.
Where is this duplex located?
The property is located at 477 SPC Isaac Trujillo Drive Socorro, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Newer 2021‑built duplex with each unit offering 4 bedrooms and 2.5 bathrooms; Each unit includes a washer and dryer room and refrigerated air; Single‑car garages for the units
