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Listed by The Real Estate Agency
$ 470,000
Est. payment | /mo
102,801 SqFt
$ 470,000
Est. payment | /mo
102,801 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 102,801 sqft
Price per Sqft $4
Subdivision Socorro
MLS Listing ID 949125
Annual Tax Amount $1,565
Lot Size 2.360 Acres
Acres 2.36
Property Sub-Type Unimproved Land
Source Greater El Paso Association of REALTORS®
Property Description
Excellent development opportunity at 10340 Socorro Rd., Socorro, TX 79927. Property is approved by the City of Socorro for 11 individual lots, allowing one duplex per lot for a total of 22 residential units. Utilities are available at the property line, engineering/development plans are available, and a soil test has been completed. All property taxes are current. Very limited duplex development in the immediate surrounding area creates an attractive opportunity for a builder, developer, or investor. Build and sell the duplexes individually or retain the completed 22 units as an income-producing rental portfolio. Much of the preliminary planning and due diligence has already been completed, offering an excellent opportunity to move forward with a clearly defined residential development project. Contact listing agent for City approvals, plans, soil test, and additional information.
Location
State TX
County El Paso
Community Socorro
Zoning R1
Exterior
Utilities Available All Utilities
Building
Story 9999
Sewer Public Sewer
Water Public
Level or Stories 9999
Others
Tax ID T895002001001B0
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/gepar/949125
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