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$229,000

NAL Estimated Property Value

1808 Socorro Lane, Irving, TX, 75061

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,540 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$103.9 / 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 Oven
FlooringCarpet

Exterior

Exterior FeaturesBalcony
Lot Size7.23 acres

Building Information

Year Built1966
Stories2
Roof Type105
Garage Spaces2

Land Information

APN32095000110040000
Lot Number1
SubdivisionDel Paseo Townhouse
Land UseResidential
Legal DescriptionDEL PASEO TOWNHOUSE BLK A PT LT 1 ACS 7.2327 BLDG K UNIT 1808 CE 1.667% INT201900330764 DD12052019 CO-DC 0950001100400
Census Tract014501
Assessed Land Value$52,520
Assessed Improvement Value$157,480
Assessment Year2025

About this property

Seller to pay 1 full year of HOA dues. This unit has been beautifully updated with vinyl plank flooring in living and dining rooms. Fresh paint throughout. Great location in Irving. 3 bedrooms with huge walk in closets 2 and a half baths. 3 large enclosed balconies. Nice patio for outdoor dining. Close to medical facilities. Pool on property. Sorry no investors- HOA will not allow. Conventional or cash only

Investor Tools

Property Icon
$229,000
Estimated Property Value
$135,608Estimated Mortgage Balance
$93,392Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,036
$210,000
2025
$52,520
$157,480
$210,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,036
$210,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$155,200
No
First
Dec 5, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,608
$93,392
40%
59%
$931/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,331/mo
+$641/mo
10.3%

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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1808 Socorro Lane | Property Details | No Agent List