$299,990
●
House -
Off Market
10409 Alameda Avenue
Socorro, TX 79927
3 Beds
0 Bath
$1,890
Est. Monthly
5.12%
Cap Rate
About This Property
Prime Opportunity on 1.21 Acres!
This C-1 Light Commercial zoned property on high-traffic Alameda Ave, near Horizon Blvd and I-10, offers endless potential.
Nestled on the lot is a vintage adobe and stucco home featuring 3 bedrooms, 2 baths, a utility room, screened in porch and a spacious living or dining area.
The home showcases original hardwood and tile flooring, high ceilings, and timeless architectural charm.
While the home has experienced foundation settling, it presents a unique chance to restore and repurpose. Whether as a rental property, office space, boutique, cafe, or restaurant.
The expansive lot provides ample space for parking, expansion, or new development, ideal for business owners or investors looking to live and work on-site.
Sold AS-IS, this is a rare opportunity in a prime, high-visibility location with schools, shopping, and major roads just minutes away.
Don't miss out on this one, schedule your showing today!
This C-1 Light Commercial zoned property on high-traffic Alameda Ave, near Horizon Blvd and I-10, offers endless potential.
Nestled on the lot is a vintage adobe and stucco home featuring 3 bedrooms, 2 baths, a utility room, screened in porch and a spacious living or dining area.
The home showcases original hardwood and tile flooring, high ceilings, and timeless architectural charm.
While the home has experienced foundation settling, it presents a unique chance to restore and repurpose. Whether as a rental property, office space, boutique, cafe, or restaurant.
The expansive lot provides ample space for parking, expansion, or new development, ideal for business owners or investors looking to live and work on-site.
Sold AS-IS, this is a rare opportunity in a prime, high-visibility location with schools, shopping, and major roads just minutes away.
Don't miss out on this one, schedule your showing today!
Unit Size
-
Days on Market
16 days
Land Size
1.21 acres
Price per sqft
-
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1940
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 5 months ago (GEPAR MLS #919390)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by Home Pros Real Estate Group | $299,990 | |
| Listed by Home Pros Real Estate Group | |||
| Oct 5, 2022 | Sold | ||
| Sold | |||
| Aug 16, 2022 | Listed by Home Pros Real Estate Group | $275,000 | |
| Listed by Home Pros Real Estate Group | |||
| | |||
|
LAND LAND LAND! 1.53 Acres with irrigation rights in a very desirable location with frontage to Alameda St. City of Socorro zoned property as
C-1.NEIGHBORHOOD COMMERCIAL,{LIGHT COMMERCIAL) minutes from Loop 375. Nestled in the property is a home with a shingle roof that was replaced 6 years ago. The home does need some repairs and the owner is selling in it's present condition. No repairs will be done by the owner. There is a LOT of potential with this spacious home that has 3 bedrooms, 2 baths, a very large living/dining area,1 additional room that can serve as office/game room and a utility room. Schools and shopping are just minutes away!
| |||
Property Highlights
Air Conditioning
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
Sold On
HOA + Taxes
About Socorro
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Christopher Moran, Home Pros Real Estate Group
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 919390
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: 5 months ago
Data Source: GEPAR, MLS# 919390
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017