421 Panahi Rd, Socorro, TX 79927

Beds
8
Baths
6
Sqft
2,862

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Listed byLeon Realty Group, LLC
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
8
Number of bathrooms
6
Square feet
2,862
Lot size (acres)
0.22
Year built
1987

Interior features

Laundry
Electric Dryer Hookup, Washer Hookup

Utilities

Heating
Exhaust Fans, Natural Gas, Central
Cooling
Ceiling Fans, Evaporative Cooling
Sewer
Public Sewer
Water
Public Water

Taxes

Tax Annual Amount (2025)
$9,261.72

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Greater El Paso Association of Realtors MLS®#: 933660 Last checked:

The data relating to real estate for sale on this website comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than the owner of this website are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright ©2026 The Greater El Paso Association of REALTORS®, MLS Inc. All Rights Reserved.