10340 Socorro Road, Socorro, TX 79927

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.