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Duplex with Walled Backyards
For Sale
$425,000

806 TS Daniel Cadena Drive, Socorro, TX 79927

MULTI_FAMILY - Other - Socorro, TX

Property Size3,030 SF
Lot Size0.08 Acres
Price / SF$140.26
Days on Market146

Property Features for 806 TS Daniel Cadena Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R3
Bedrooms 8
Bathrooms 5
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 8, Bathroom 4, Bedroom 6, Bathroom 5, Bathroom 1, Bedroom 2, Bedroom 5, Bathroom 2, Laundry Room, Bedroom 4, Bedroom 7, Bedroom 3, Bathroom 6, Bedroom 1, Bathroom 3
Window features Blinds
Interior features Eat-in Kitchen, Built-in Features, 2+ Living Areas, Ceiling Fan(s), Kitchen Island, Walk-In Closet(s)
Exterior features Walled Backyard
Appliances Dishwasher, Disposal, Free-Standing Gas Oven, Microwave, Refrigerator
Subdivision Villas Del Valle
Lot features Standard Lot
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 3,030 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description CITY/MUNI/TWP:CITY OF SOCCORRE BLK 18 VILLAS DEL VALLE #3 11 (EXC SLY PT) (3589.34 SQ FT)
Tax Annual Amount 5457
Legal Description CITY/MUNI/TWP:CITY OF SOCCORRE BLK 18 VILLAS DEL VALLE #3 11 (EXC SLY PT) (3589.34 SQ FT)

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Ceiling Fan(s)

Amenities

refrigerated air
stainless steel appliances
granite countertops
open floor plan
private backyard
covered patio

Building Details

Year built 2018
Floors in Building 2
Flooring type Tile, Carpet
Building materials Stucco
Roof type Composition, Shingle
Architectural style Other
Listing Agency: eXp Realty LLC
Listed By: Kenya K Alu · License #0713390
Added: Apr 7 Changed: Aug 3 Last Checked: Aug 30 at 4:06PM
MLS# 941714

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 offers two separate units, with each side featuring four bedrooms and two and a half bathrooms. Interiors include an open floor plan plus 2+ living areas, with built-in features and a kitchen island. Appliances include dishwasher, disposal, free-standing gas oven, microwave, and refrigerator, and the home is finished with carpet and tile flooring. Comfort is supported by central heating and refrigerated air, along with ceiling fans.

Each unit also includes a 2-car garage and an eat-in kitchen, along with walk-in closets and a laundry room. Outside, enjoy a walled backyard and covered patio.

The property is at 806 TS Daniel Cadena Drive in Socorro, Texas (El Paso County). It sits on a 0.08-acre lot and includes 3,030 square feet, built in 2018. Additional utilities include public sewer. Construction is stucco with a composition shingle roof, and zoning is R3.

Key Highlights

  • R3 zoned duplex on 0.08 acres
  • 3,030 sq ft duplex built in 2018
  • Each side: four bedrooms and two and a half bathrooms

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
$25,126
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
5.91%
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%
$502,520 $502.5K
Cap Rate 7%
$358,943 $358.9K
Cap Rate 9%
$279,178 $279.2K
Market Conditions
NOI Build-Up for 3,030 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
$38.2K $12.60/SF
− Vacancy
−$2.3K −$0.75/SF
EGI
$35.9K $11.85/SF
− OpEx
−$10.8K −$3.55/SF
NOI
$25.1K $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%
$502,520
Cap Rate 7%
$358,943
Cap Rate 9%
$279,178

Alternative Uses

Best Use
Multifamily LT 5
$358.9K
$314.1K – $418.8K (±1% cap)
NOI $25,126 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$329.3K
$288.1K – $384.1K (±1% cap)
NOI $23,048 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$547.6K
$479.1K – $638.9K (±1% cap)
NOI $38,331 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex zoned R3 with refrigerated air, stainless appliances, and walled backyard space 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 $425,000.
What are key features of this property?
This property features: R3 zoned duplex on 0.08 acres; 3,030 sq ft duplex built in 2018; Each side: four bedrooms and two and a half bathrooms
More about this property
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