Two-Unit Duplex with
For Sale
$550,000
597 Barnhart Drive, Socorro, TX 79927
Each residence offers three bedrooms, two bathrooms and an attached one-car garage.
Property Size3,112 SF
Price / SF$176.74
Days on Market27
Property Features for 597 Barnhart Drive
General Information
Standard status
Active
Size
3,112 SF
Property subtype
Multi Family Home
Zoning
R1
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$957
Building Details
Building Size
3,112 SF
Year Built
2026
Stories
2
Units
2
Listing Agency:
El Paso Real Estate Company
Listed By:
Al Jurado · License #0410918
(915) 630-8373
Source:
Elpasorealestateco
Added: Sep 30
Changed: Oct 25
Last Checked: Oct 26 at 3:45AM
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 El Paso Real Estate Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two residences, each with 1,556 square feet, three bedrooms, two bathrooms and a one-car garage. The property was built in 2026 and is zoned R1.
The parcel next to the duplex is included in the offering, providing an additional component to the property.
The parcel next to the duplex is included in the offering, providing an additional component to the property.
Key Highlights
- Two units, each with 1,556 square feet
- Each residence has 3 bedrooms and 2 baths
- One‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,806
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$516,120
$516.1K
Cap Rate 7%
$368,657
$368.7K
Cap Rate 9%
$286,733
$286.7K
Market Conditions
NOI Build-Up for 3,112 SF
Gross rent
$39.2K $12.60/SF
− Vacancy
−$2.3K −$0.75/SF
EGI
$36.9K $11.85/SF
− OpEx
−$11.1K −$3.55/SF
NOI
$25.8K $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 Rate 5%
$516,120
Cap Rate 7%
$368,657
Cap Rate 9%
$286,733
Alternative Uses
Best Use
Multifamily LT 5
$368.7K
$322.6K – $430.1K
NOI $25,806 @ 7.0% cap · market cap 4.69%
Second Best
Apartment 5plus
$338.2K
$295.9K – $394.5K
NOI $23,672 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$562.4K
$492.1K – $656.1K
NOI $39,368 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
57
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two bathrooms and an attached one-car garage.
Where is this duplex located?
The property is located at 597 Barnhart Drive Socorro, TX.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two units, each with 1,556 square feet; Each residence has 3 bedrooms and 2 baths; One‑car garage for each unit
