Prime 7.2-Acre Corner Development Opportunity! Exceptional investment property located at the highly visible corner of North Loop Dr. and Bauman Rd. in the heart of Socorro's rapidly growing development corridor. Situated directly across from Rojas Elementary School and adjacent to the fire department, this property is surrounded by expanding residential, commercial, and industrial developments.
Offering outstanding potential for multifamily housing, apartments, duplexes etc. (subject to zoning and approvals). Existing homes and structures are present; however, the value is in the land and its future development potential.
Property includes water wells and irrigation rights, adding versatility and long-term value. Excellent visibility, convenient access, and a strategic location make this a rare opportunity for developers, investors, and builders looking to capitalize on Socorro's continued growth.
Lot/land
$1,500,000
587 Bauman Rd, Socorro, TX 79927
--beds
0baths
7.2Acres
Land
Built in ----
7.2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Excellent visibilityStrategic locationConvenient access
- 33 days |
- 144 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Ashlee Wells 0565979 915-240-9992,
ClearView Realty
Source: GEPAR,MLS#: 947279
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Lot
- Size: 7.2 Acres
- Topography: Mostly Level
Details
- Additional structures: Mobile Home, Residence, Shed(s), Workshop
- Parcel number: S533000010003D0
- Zoning: R3
Utilities & green energy
- Water: Well, Irrigation, Public
- Utilities for property: Propane, Electricity Available
Community & HOA
Community
- Subdivision: Linday Estates
Location
- Region: Socorro
Financial & listing details
- Tax assessed value: $297,953
- Annual tax amount: $7,900
- Date on market: 7/9/2026
- Cumulative days on market: 36 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,547/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Listed for sale | $1,500,000 |
Source:  GEPAR #947277 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $265,538 +10% |
| 2024 | $3,811 +3.9% | $241,398 +10% |
| 2023 | $3,669 -1.9% | $219,453 +10% |
| 2022 | $3,740 +2.6% | $199,503 +10% |
| 2021 | $3,646 +5.6% | $181,366 +10% |
| 2020 | $3,451 +6.8% | $164,878 +5.3% |
| 2019 | $3,230 +17.2% | $156,560 -4.4% |
| 2018 | $2,756 +9.2% | $163,688 +26.5% |
| 2017 | $2,525 +0.9% | $129,388 |
| 2016 | $2,502 -5.6% | $129,388 -1.8% |
| 2015 | $2,650 | $131,786 -1.5% |
| 2014 | $2,650 | $133,794 |
| 2013 | -- | $133,794 +21.6% |
| 2011 | -- | $109,995 |
| 2010 | -- | $109,995 -1.2% |
| 2009 | -- | $111,293 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 79927
Nearby schools
GreatSchools rating
- 5/10Robert R Rojas Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Ernesto Serna SchoolGrades: K-8Distance: 1 mi
- 5/10Socorro High SchoolGrades: 9-12Distance: 2.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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