421 PANAHI ROAD, SOCORRO, TX 79927
Homes for sale in Socorro.
Homes for sale in 79927.
List Price$380,000
421 Panahi Road
Socorro, TX 79927
Listing #933660
About This Property
A solid income property in a strong rental area! This well-maintained four-plex offers two 1-story units (2 bed / 1 bath / 591 sq ft) and two 2-story units (2 bed / 1 bath / 840 sq ft). Each unit features tile flooring, washer/dryer hookups, free-standing gas oven, and individual electric/gas meters. Central heating and evaporative cooling keep maintenance simple and costs low. Located between Socorro Rd and Alameda Ave in the Socorro ISD, this property benefits from steady rental demand and easy access to schools, shops, and major routes. Current gross income is approximately $36,000 per year, with room to increase rents and maximize overall revenue. Owner pays only water and sewer.
Property Features
Location Information
County
El Paso
Longitude
-106.279561
Latitude
31.619816
Subdivision
Friedman Estates
Interior Features
Interior
Ceiling Fan(s), Handicap Access
Cooling
Ceiling Fan(s), Evaporative Cooling
Full Baths
4
Floors
Tile
1/2 Baths
2
Appliances
Disposal, Exhaust Fan, Free-Standing Gas Oven
Heating
Natural Gas, Central
Exterior Features
Style
2 Story
Fencing
Fenced, Back Yard
Stories
2
Patio / Deck Description
Open
Construction
Stucco
Pool Description
None
Exterior
See Remarks
Lot Size in Acres
0.22
Roof
Flat
Lot Size in Sq. Ft.
9,542
Water Source
City
Zoning
R1
Septic or Sewer
Public Sewer
Windows Description
Double Pane Windows, No Treatments
Has Garage
Yes
School
School District
Socorro
Middle School
Socorrom
Elementary School
Escontrias
High School
Socorro
Additional Information
Property Type
CND
HOA Includes
None
Property SubType
Quadruplex
Tax Year
2025
Year Built
1987
Tax Amount
$9,261.72
Similar Listings
Mortgage Calculator
$1,773
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,369
Monthly Tax
$316
Monthly Insurance
$88
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing Courtesy of Leon Realty Group, LLC
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GEPAR - El Paso data last updated at May 15, 2026, 12:53 PM MT
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