Duplex with Separate
New
For Sale
$350,000
806 TS Daniel Cadena Drive, Socorro, TX 79927
Residential Income, Socorro, TX
Property Size3,016 SF
Lot Size0.16 Acres
Price / SF$116.05
Days on Market4
Property Features for 806 TS Daniel Cadena Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R1
Appliances
Water Heater, Washer Hookup, Free-Standing 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
V85400301801100
Size
3,016 SF
Lot size
0.16 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
10604
Legal Description
BLK 18 VILLAS DEL VALLE #3 11 (EXC SLY PT) (3589.34 SQ FT)
Utilities
Heating system
Natural Gas
Amenities
refrigerated air
double pane windows
granite countertops
Building Details
Year built
2018
Number of units
2
Flooring type
Carpet, Tile
Building materials
Stucco
Roof type
Flat
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 14 at 5:06PM
MLS# 951034
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.
Built in 2018, this duplex contains 3,016 square feet on a 0.16-acre lot and is configured with separate utilities for each side. The property includes four bedrooms and 2.5 baths, along with refrigerated air, double-pane windows, granite kitchen countertops, carpet and tile flooring, and stucco construction. Natural gas heating, a flat roof, and washer hookups are also present. The kitchen includes a free-standing gas oven, and each unit has its own water heater.
Key Highlights
- Duplex built in 2018
- 3,016 square feet on a 0.16‑acre lot
- Separate utilities serving each side
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
$25,010
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
7.15%
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%
$500,200
$500.2K
Cap Rate 7%
$357,286
$357.3K
Cap Rate 9%
$277,889
$277.9K
Market Conditions
NOI Build-Up for 3,016 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
$38.0K $12.60/SF
− Vacancy
−$2.3K −$0.75/SF
EGI
$35.7K $11.85/SF
− OpEx
−$10.7K −$3.55/SF
NOI
$25.0K $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%
$500,200
Cap Rate 7%
$357,286
Cap Rate 9%
$277,889
Alternative Uses
Best Use
Multifamily LT 5
$357.3K
$312.6K – $416.8K
NOI $25,010 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$327.7K
$286.8K – $382.4K
NOI $22,941 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$545.1K
$476.9K – $635.9K
NOI $38,154 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
128
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Two-unit property with refrigerated air, granite kitchen countertops, and separate utility service for each side.
Where is this duplex 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 $350,000.
What are key features of this property?
This property features: Duplex built in 2018; 3,016 square feet on a 0.16‑acre lot; Separate utilities serving each side
