Spacious Property with Income
9979 Morocco Circle, Socorro, TX 79927
Large lot with main residence and separate two-bedroom apartment.
Type:Multi-Family / House Plus Unit(s)
Property size:
1,700 SFPrice / SF:
$99/SF- Added:
- Dec 15, 2025
- Days on Market:
- 169
- Last Refresh:
- Mar 13 at 4:01 pm
Property Features for 9979 Morocco Circle
General Information
- Standard status
- Active
- Size
- 1,700 SF
- Property subtype
- Multi-Family / House Plus Unit(s)
Building Details
- Year Built
- 1970
Listing agent Edmundo Montoya License #0657602
Listing office Home Pros Real Estate Group (915) 873-8065
Listing date Dec 15, 2025
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Home Pros Real Estate Group
HighLights
- Spacious main residence featuring two bedrooms and a large dining area.
- Separate two‑bedroom apartment provides income potential or accommodation for family/guests.
- Large lot offers ample outdoor space.
- Versatile bonus room in the main residence provides flexible living options.
- Convenient storage area in the main residence.
- Property includes both cooling and heating systems.
Overview
This property features a spacious main residence with two bedrooms, one bathroom, a large dining area, a bonus room, and a storage area. Located on a large lot, the property also includes a separate two-bedroom apartment at the rear. This apartment is suitable for rental income, extended family, or guest accommodations. The property size is 1700 square feet, offering flexible living options and income potential.
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 | $21.4k | $12.60 |
| − Vacancy | −$1.3k | −$0.75 |
| EGI | $20.1k | $11.85 |
| − OpEx | −$6.0k | −$3.55 |
| NOI | $14.1k | $8.29 |
1,700 SF · lease $12.60/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$201.4K
$176.2K – $235.0K
NOI $14,097 @ 7.0% cap · market cap 8.29%
Second Best
Apartment 5plus
$184.7K
$161.6K – $215.5K
NOI $12,931 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$307.2K
$268.8K – $358.4K
NOI $21,506 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Socorro
- County
- El Paso
- State
- Texas
- Longitude
- -106.290809
- Latitude
- 31.661536
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Large lot with main residence and separate two-bedroom apartment.
Where is this duplex located?
The property is located at 9979 Morocco Circle Socorro, TX.
What is the asking price?
The asking price for this property is $169,999.
What are key features of this property?
This property features: Spacious main residence featuring two bedrooms and a large dining area.; Separate two‑bedroom apartment provides income potential or accommodation for family/guests.; Large lot offers ample outdoor space.
