2-Unit Duplex with
For Sale
$550,000
597 BARNHART Drive, Socorro, TX 79927
Residential Income, Socorro, TX
Property Size3,112 SF
Lot Size0.51 Acres
Price / SF$176.74
Days on Market14
Property Features for 597 BARNHART Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R1
Appliances
Vented Exhaust Fan, Refrigerator, Disposal, Dishwasher
Subdivision
Bauman Estates
Elementary school
Mission Ridge
Middle school
Socorrom
High school
Socorro
Elementary school district
Socorro
Middle school district
Socorro
High school district
Socorro
Standard status
Active
APN
B28700000100100
Size
3,112 SF
Lot size
0.51 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
1 BAUMAN ESTATES LOT 1
Tax Annual Amount
957
Legal Description
1 BAUMAN ESTATES LOT 1
Utilities
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Building Details
Year built
2026
Number of units
2
Flooring type
Wood, Carpet
Building materials
Stucco
Roof type
Shingle
Listing Agency:
Apple Realty Company
(915) 855-1847
Listed By:
Roberto T Jimenez · License #0481522
(915) 494-5164
Added: Sep 30
Last Checked: Oct 13 at 1:06PM
MLS# 951996
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 is under construction and contains two residences, each measuring 1,556 square feet with three bedrooms, two bathrooms, and a one-car garage. Combined building area is 3,112 square feet. The property is listed with a 0.51-acre lot that includes the adjoining parcel, and is zoned R1.
Interior features include carpet and wood flooring, central heating and air conditioning, and ceiling fans. Each residence is equipped with a refrigerator, dishwasher, disposal, and vented exhaust fan. The exterior is stucco with a shingle roof.
Interior features include carpet and wood flooring, central heating and air conditioning, and ceiling fans. Each residence is equipped with a refrigerator, dishwasher, disposal, and vented exhaust fan. The exterior is stucco with a shingle roof.
Key Highlights
- Two residences, each with 1,556 square feet of living area
- 3,112‑square‑foot duplex on a 0.51‑acre lot, including the adjoining lot
- Each home has 3 bedrooms, 2 baths, and a one‑car garage
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.
How Realmo checks its estimates
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Current Use
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
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a three-bedroom, two-bathroom plan and a private 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 residences, each with 1,556 square feet of living area; 3,112‑square‑foot duplex on a 0.51‑acre lot, including the adjoining lot; Each home has 3 bedrooms, 2 baths, and a one‑car garage
