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$219,000

1806 Socorro Lane 1806, Irving, TX, 75061

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,806 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$121.26 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size7.23 acres

Building Information

Year Built1966
Stories2
Roof Type105
Garage Spaces2

Land Information

APN32095000110030000
Lot Number1
SubdivisionDel Paseo Townhouse
Land UseResidential
Legal DescriptionDEL PASEO TOWNHOUSE BLK A PT LT 1 ACS 7.2327 BLDG K UNIT 1806 CE 1.667% INT202000209634 DD07312020 CO-DC 0950001100300
Census Tract014501
Assessed Land Value$52,520
Assessed Improvement Value$178,580
Assessment Year2025

About this property

Beautifully updated by Bald Brothers Buy Homes! Updates include new flooring, paint, granite, appliances, electrical fixtures, plumbing fixtures, tile, etc. The downstairs has a great view of the courtyard and is set up perfect for entertaining. The back porch is a great place to relax and wind down after a long day. Condominium offers a pool to cool of in this coming summer! All bedroom’s upstairs are oversized with a bonus space in each room. This space could be used for an in-home office, play area, exercise room, or craft room. The owners retreat offers two closets and its own bathroom. This condominium is close to hospitals, restaurants, airports and is a centrally located in DFW. Come take a look today!

Investor Tools

Property Icon
$257,000
Estimated Property Value
$0Estimated Mortgage Balance
$75,243Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
$415/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,878
$231,100
2025
$52,520
$178,580
$231,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,878
$231,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Herring Bank
Conventional
$205,000
No
First
Jul 31, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,757
$75,243
29%
71%
$1,230/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,645/mo
+$327/mo
9.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Irving

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1806 Socorro Lane 1806 | Property Details | No Agent List