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11601 Valle Bajo Rd 2 Unit Apartment Building $369,000 ($184,500/Unit) 8.10% Cap Rate Socorro, TX 79927
Investment Highlights
- Fully renovated
- Potential duplex use
Executive Summary
Fully renovated home with a attached mother-in-law quarters or can be used as a duplex. Offering approximately 2,714 square feet of living space on a spacious 0.48-acre lot in Socorro, Texas. The property features five bedrooms and two bathrooms across separate living areas, making it suitable for an investor, multigenerational household, or owner-occupant seeking rental income.
Both units offer spacious bedrooms, big closets, tile flooring, updated fixtures, refreshed interiors, and remodeled bathrooms with custom tile showers. Additional highlights include evaporative cooling, abundant natural light, a covered front porch, ample parking, RV access, and room for storage or future improvements.
Both units offer spacious bedrooms, big closets, tile flooring, updated fixtures, refreshed interiors, and remodeled bathrooms with custom tile showers. Additional highlights include evaporative cooling, abundant natural light, a covered front porch, ample parking, RV access, and room for storage or future improvements.
Property Facts
| Price | $369,000 | Property Subtype | Apartment |
| Price Per Unit | $184,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.48 AC |
| Cap Rate | 8.10% | Building Size | 2,714 SF |
| Gross Rent Multiplier | 9.48 | No. Stories | 1 |
| No. Units | 2 | Year Built | 2008 |
| Property Type | Multifamily | ||
| Zoning | R1 - Residential | ||
| Price | $369,000 |
| Price Per Unit | $184,500 |
| Sale Type | Investment |
| Cap Rate | 8.10% |
| Gross Rent Multiplier | 9.48 |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 2,714 SF |
| No. Stories | 1 |
| Year Built | 2008 |
| Zoning | R1 - Residential |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | E325-000-0190-0900 | Improvements Assessment | $245,500 |
| Land Assessment | $21,688 | Total Assessment | $267,188 |
Property Taxes
Parcel Number
E325-000-0190-0900
Land Assessment
$21,688
Improvements Assessment
$245,500
Total Assessment
$267,188
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Contact the Sale Advisor
11601 Valle Bajo Rd