$155,000
●
Land -
For Sale
10197 Socorro Road
Socorro, TX 79927
Studio
0 Bath
$789
Est. Monthly
About This Property
Location, Location, Location! Exceptional opportunity to own land
in one of Socorro's most desirable areas. Conveniently situated on
a main road, this property offers excellent accessibility and is
just minutes from Americas Avenue and I-375 (Border Highway).
Enjoy the convenience of having local restaurants, a winery, brewery, and a popular farmer's market just blocks away. Whether you're looking for a property to utilize now or explore future possibilities, this location offers outstanding potential.
The property includes two existing structures, with one currently being used as an office. Additional features include a covered rear patio with a concrete slab, fenced area, and a large front parking area that provides ample off-street parking.
***Electricity on property***
With its prime location and existing offerings, this property presents a unique opportunity for a variety of potential uses. Buyers are encouraged to verify land use, and development possibilities with the appropriate authorities.
Enjoy the convenience of having local restaurants, a winery, brewery, and a popular farmer's market just blocks away. Whether you're looking for a property to utilize now or explore future possibilities, this location offers outstanding potential.
The property includes two existing structures, with one currently being used as an office. Additional features include a covered rear patio with a concrete slab, fenced area, and a large front parking area that provides ample off-street parking.
***Electricity on property***
With its prime location and existing offerings, this property presents a unique opportunity for a variety of potential uses. Buyers are encouraged to verify land use, and development possibilities with the appropriate authorities.
Unit Size
-
Days on Market
72 days
Land Size
0.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
$27
HOA Dues
-
Year Built
1993
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (GEPAR MLS #948511)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2026 | Listed by The WAR Team | $155,000 | |
| Listed by The WAR Team | |||
| Oct 2, 2023 | Sold | ||
| Sold | |||
| Jan 22, 2023 | Listed by Summus Realty | $59,000 | |
| Listed by Summus Realty | |||
| | |||
|
This lot is a great investment. This piece of land is about 1.1 mile away from Socorro High School, and few blocks away from N Americas Ave and 375 loop. Several cultural restaurants nearby. Historical District. Build your new home on this lot. Owner financing available
| |||
| Jan 2, 2023 | No longer available | - | |
| No longer available | |||
| May 24, 2022 | Listed by KB Your Real Estate Experience | $60,000 | |
| Listed by KB Your Real Estate Experience | |||
| | |||
|
This lot is a great investment. This piece of land is about 1.1 mile away from Socorro High School, and few blocks away from N Americas Ave and 375 loop. Several cultural restaurants nearby. Historical District. Build your new home on this lot. Owner financing available.
| |||
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Property Highlights
Exterior Details
Other Structures: See Remarks
Lot Size Area: 0.3
Lot Size Units: Acres
Lot Size Acres: 0.3
Lot Size Square Feet: 13068
Water Source: None
Financial Details
Tax Annual Amount: $329
Utilities Details
Sewer : See Remarks
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Socorro
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Listed by: Brenda Altheimer-Trillo, The WAR Team
Last Updated: 2 months ago
Data Source: GEPAR, MLS# 948511
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.
Listing data is deemed reliable but not guaranteed.
Copyright 2026 the Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 months ago
Data Source: GEPAR, MLS# 948511
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