Under-Construction
For Sale
$480,000
807 TS Daniel Cadena Drive, Socorro, TX 79927
Residential Income, Socorro, TX
Property Size3,400 SF
Lot Size0.17 Acres
Price / SF$141.18
Days on Market279
Property Features for 807 TS Daniel Cadena Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
R1
Appliances
Refrigerator, Microwave, Gas Water Heater, Gas Cooktop, Disposal, Dishwasher
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
679803
Size
3,400 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BLK 19 VILLAS DEL VALLE #3 LOT 11
Tax Annual Amount
597
Legal Description
BLK 19 VILLAS DEL VALLE #3 LOT 11
Utilities
Sewer type
Public Sewer
Cooling system
Ceiling Fan(s)
Building Details
Year built
2025
Number of units
2
Building materials
Stucco
Roof type
Flat
Listing Agency:
The Real Estate Agency
(915) 600-7666
Listed By:
Blanca Cecilia Alvidrez · License #0781590
(915) 241-4940
Added: Nov 24, 2025
Changed: Aug 20
Last Checked: Aug 30 at 5:06PM
MLS# 934160
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 under-construction duplex property is designed for two residential units, with each unit required to contain at least 1,700 square feet and the option to expand to 2,300 square feet per unit. The combined planned building area is 3,400 square feet. Construction materials include stucco, with flat roofing and ceiling fan cooling. Planned appliances include a refrigerator, microwave, gas water heater, gas cooktop, disposal, and dishwasher.
The property encompasses 0.17 acres in Socorro, Texas, within an R1-zoned subdivision. Public sewer service is identified, and the reported construction year is 2025. The subdivision is currently leased, and comparable units are reported to rent for up to $1,950 per month.
The property encompasses 0.17 acres in Socorro, Texas, within an R1-zoned subdivision. Public sewer service is identified, and the reported construction year is 2025. The subdivision is currently leased, and comparable units are reported to rent for up to $1,950 per month.
Key Highlights
- Two‑unit duplex design with 3,400 SQFT combined building area
- Each unit must be a minimum of 1,700 SQFT, with an option for 2,300 SQFT per unit
- 0.17‑acre R1‑zoned property in Socorro, TX
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
$28,195
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
5.87%
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%
$563,900
$563.9K
Cap Rate 7%
$402,786
$402.8K
Cap Rate 9%
$313,278
$313.3K
Market Conditions
NOI Build-Up for 3,400 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
$42.8K $12.60/SF
− Vacancy
−$2.6K −$0.75/SF
EGI
$40.3K $11.85/SF
− OpEx
−$12.1K −$3.55/SF
NOI
$28.2K $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%
$563,900
Cap Rate 7%
$402,786
Cap Rate 9%
$313,278
Alternative Uses
Best Use
Multifamily LT 5
$402.8K
$352.4K – $469.9K
NOI $28,195 @ 7.0% cap · market cap 5.87%
Second Best
Apartment 5plus
$369.5K
$323.3K – $431.0K
NOI $25,862 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$614.4K
$537.6K – $716.9K
NOI $43,011 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
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 - R1-zoned duplex project with public sewer, stucco construction, and planned residential appliances.
Where is this duplex located?
The property is located at 807 TS Daniel Cadena Drive Socorro, TX.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Two‑unit duplex design with 3,400 SQFT combined building area; Each unit must be a minimum of 1,700 SQFT, with an option for 2,300 SQFT per unit; 0.17‑acre R1‑zoned property in Socorro, TX
