HORIZON ESTATES APARTMENTS in Socorro, TX

Horizon Estates Apartments is a new residential development under construction at 975 S. Horizon Blvd. in Socorro, Texas. The project comprises a complex of 18 apartment buildings and one clubhouse, totaling 255,598 square feet of new space. This is the largest single-file new construction project in the immediate area, with an estimated cost of $18,733,125.

The development is owned by ARH Horizon Estates LLC and designed by Carrera Group Inc. Construction began in July 2026, following the completion of plan review by the Texas Department of Licensing and Regulation (TDLR) in the same month. The project is scheduled to finish in September 2027, representing a build window of 451 days.

Scale and Cost Context

With a cost per square foot of $73, this project comes in below the county median of $111 for similar new construction filings. However, the total estimated cost places it in the top quarter of El Paso County projects, significantly above the median estimated cost of $800,000 for the type. The size of 255,598 square feet is also well above the median size of 8,040 square feet for new construction in the region.

Carrera Group Inc. has registered six other projects with TDLR, including medical buildings and apartment complexes in El Paso and Anthony. Their previous filings, such as Placitas at Hueco and Franklin Apartments, indicate a consistent focus on residential and commercial development in the El Paso area. The registered accessibility specialist for this project is Julie Ericson Gereda.

The project is privately funded and located on private land for private use. It is situated in ZIP code 79927, an area with a population of approximately 43,126 and a median household income of $51,735 according to U.S. Census estimates. The local housing market is predominantly owner-occupied, with a median home value of $125,300. El Paso County’s unemployment rate was 4.9 percent in June 2026, higher than a year earlier.