Four-Bedroom Half-Duplex
New
For Sale
$185,000
806 TS Daniel Cadena Drive, Socorro, TX 79927
Residential, Socorro, TX
Property Size1,508 SF
Lot Size0.08 Acres
Price / SF$122.68
Days on Market5
Property Features for 806 TS Daniel Cadena Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 3, Bedroom 1
Window features
Double Pane Windows
Interior features
Ceiling Fan(s)
Exterior features
Walled Backyard
Appliances
Water Heater, Free-Standing Gas Oven
Subdivision
Villas Del Valle
Lot features
Subdivided
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
V85400301801101
Size
1,508 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
BLK 18 VILLAS DEL VALLE #3 11 (EXC SLY PT) (3589.34 SQ FT)
Tax Annual Amount
5302
Legal Description
BLK 18 VILLAS DEL VALLE #3 11 (EXC SLY PT) (3589.34 SQ FT)
Utilities
Heating system
Natural Gas
Building Details
Year built
2018
Floors in Building
2
Flooring type
Tile, Carpet
Building materials
Stucco
Roof type
Flat
Architectural style
Other
Listing Agency:
Moreno Real Estate Group
(915) 201-3030
Listed By:
Christopher Rodriguez · License #0749558
(915) 215-0937
Added: Sep 11
Changed: Sep 14
Last Checked: Sep 15 at 6:06PM
MLS# 951021
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 half-duplex residential income property at 806 TS Daniel Cadena Drive includes 1,508 square feet of living area on a 0.08-acre lot. Built in 2018, the home offers four bedrooms and 2.5 bathrooms with a practical layout, tile and carpet flooring, granite countertops, double-pane windows, and refrigerated air. A flat roof, stucco construction, ceiling fan(s), natural gas heating, and a free-standing gas oven complete the property’s core features.
The property includes a walled backyard and is located in Socorro, Texas, within El Paso County. Zoning is R1. The home’s residential configuration, relatively recent construction, and combination of durable finishes and household amenities support its use as a residential income property.
The property includes a walled backyard and is located in Socorro, Texas, within El Paso County. Zoning is R1. The home’s residential configuration, relatively recent construction, and combination of durable finishes and household amenities support its use as a residential income property.
Key Highlights
- Four‑bedroom, 2.5‑bath half‑duplex
- 1,508 square feet on a 0.08‑acre lot
- Built in 2018
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
$11,471
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
6.20%
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%
$229,420
$229.4K
Cap Rate 7%
$163,871
$163.9K
Cap Rate 9%
$127,456
$127.5K
Market Conditions
NOI Build-Up for 1,508 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
$22.3K $14.76/SF
− Vacancy
−$1.4K −$0.93/SF
EGI
$20.9K $13.83/SF
− OpEx
−$9.4K −$6.22/SF
NOI
$11.5K $7.61/SF
Area
El Paso County, TX
Vacancy
6.30%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
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%
$229,420
Cap Rate 7%
$163,871
Cap Rate 9%
$127,456
Alternative Uses
Best Use
Apartment 5plus
$163.9K
$143.4K – $191.2K
NOI $11,471 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$272.5K
$238.5K – $318.0K
NOI $19,077 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Well-maintained residential income property with refrigerated air, granite countertops, and a private walled backyard.
Where is this residential income property located?
The property is located at 806 TS Daniel Cadena Drive Socorro, TX.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Four‑bedroom, 2.5‑bath half‑duplex; 1,508 square feet on a 0.08‑acre lot; Built in 2018
