737 Delhi Drive Socorro, TX 79927
MULTI_FAMILY - Socorro, TX
Property Features for 737 Delhi Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- M2
- Parking features
- Paved or Surfaced
- Standard status
- Active
- APN
- D39700000500100
- Size
- 1,280 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 5 DELIP LOT 10 (6000 SQ FT)
- Tax Annual Amount
- 2481
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1979
- Number of units
- 2
- Building materials
- Stucco
- Roof type
- Composition, Shingle
Listing agent Edwin Morales Juarez License #0721112 (915) 449-9698
Listing office Home Pros Real Estate Group 1035 Belvidere St., Suite 200, el paso, TX (915) 585-8806
Listing date May 16, 2026
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.
Key Highlights
- Duplex property, ideal for investors or owner‑occupants.
- Owner financing available, making ownership more accessible.
- Each unit features 2 bedrooms and 1 bathroom.
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 | $16.1k | $12.60 |
| − Vacancy | −$964 | −$0.75 |
| EGI | $15.2k | $11.85 |
| − OpEx | −$4.5k | −$3.55 |
| NOI | $10.6k | $8.29 |
