10730 Regina Drive
About This Property
Rare vacant land available in the heart of Socorro, TX. This property offers an excellent opportunity for smart-growth development, with existing infrastructure already nearby, including city utilities and residential roads surrounding the area.
Ideally located within walking distance to shopping centers, this land is well-positioned for a convenient and attractive residential community.
This property offers strong development potential that may promote convenience, safety, healthy living, community engagement, local job growth, and economic development.
Additional acreage is also available for sale. Contact me for more details.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2026 | Price Decreased |
$230,000
↓ $20K
(8%) | |
| Price Decreased | |||
| May 6, 2026 | Listed by Open Door Assets | $249,950 | |
| Listed by Open Door Assets | |||
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Apr 18, 2025 | Listed by Open Door Assets | $249,500 | |
| Listed by Open Door Assets | |||
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Prime Development Opportunity in the Heart of Socorro, TX.
This rare vacant land is located in the heart of Socorro, TX, offering an exceptional opportunity for smart growth development. With existing infrastructure already in place, including all city utilities and residential roads surrounding the property, this land is primed for a wide range of potential uses.
Key features of the property include:
Prime Location: Walking distance to shopping centers, creating an attractive, convenient community for residents.
Smart Growth Potential: A perfect opportunity for development that promotes convenience, safety, and a healthy lifestyle for the community.
Community Benefits: Encourages social, civic, and physical activities, while stimulating local jobs and economic growth.
Environmental Impact: The development of this land will help reduce traffic density, which in turn enhances the local environment.
Additionally, there are more acres available for sale—contact me for more details on this.
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| Apr 7, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017