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 2 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.
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.
Public Records
Jun 26, 2015
Sold
*
Public Records
May 17, 1985
Sold
*
$37/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,041 (+7.9%)
2024
$6,525 (−0.8%)
2023
$6,581 (+7.9%)
2022
$6,096 (+4.5%)
2021
$5,836 (+5.1%)
2020
$5,552 (+5.6%)
$12,160 + $152,718
$164,878
2019
$5,257 (+14.5%)
2018
$4,590 (+13.5%)
2017
$4,045 (+0.6%)
$12,160 + $117,228
$129,388
2016
$4,021 (−1.5%)
$12,160 + $117,228
$129,388
2015
$4,082 (−0.3%)
$12,160 + $117,228
$129,388
2014
$4,096
$12,160 + $121,634
$133,794
Public record
Beds
—
Baths
1.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.38 Acres
Year renovated
—
Finished Sq. Ft.
2,424
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,424
Year built
1987
Style
Single Family Residential
County
El Paso County
APN
S533000010003D0
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 9, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 101° expected this year, 25 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Socorro, TX • 79927
Average low and high temperatures (°F)
58
34
73
44
79
50
81
56
89
63
98
73
97
74
96
73
89
68
85
60
70
46
67
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Socorro. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 587 Bauman Rd
$1,412,650
$87K under list price of $1.50M
More resources
Rental earnings
Est. $1,414 per month, based on comparable rentals