$2,800,000
10220-232 N LOOP Drive, Socorro, TX, 79927
On Market
Highlights
Interior
Exterior
Lot Size12,510 sqft
Land Information
APNS533-000-0080-13B1
SubdivisionSocorro
Land UseResidential
Legal Description8 SOCORRO TR 13-B-1 (0.2872 AC)
Census Tract010409
Assessed Land Value$6,518
Assessment Year2025
About this property
High-visibility 3.59± acre corner parcel in Socorro with strong commercial/upzoning potential. Currently zoned RF, with all utilities at the line and no improvements or leases, offering a clean slate for development. Property features three existing curb cuts for flexible access and site circulation. Convenient N Loop Dr location between Nuevo Hueco Tanks Blvd and Horizon Blvd with excellent exposure. Buyer to verify zoning, allowable uses, and development feasibility.
Investor Tools
$0Estimated Mortgage Balance
$1,017,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,800 /month
Positive
Cash Flow Estimate:
$5,600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$176
$6,518
2025
$6,518
N/A
$6,518
No
Tax History
Year
Tax Paid
Assessed Value
2024
$176
$6,518
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,017,000
100%
0%
$0/mo
