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$62,000

NAL Estimated Property Value

340 Escalante Dr, Socorro, TX, 79927

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size12,500 sqft

Land Information

APNA442-000-0090-0010
Lot Number1
SubdivisionAlameda Estates
Land UseResidential
Legal Description9 ALAMEDA ESTATES REPLAT LOT 1
Census Tract010401
Assessed Land Value$31,500
Assessment Year2025

About this property

Build Your Dream Home in a Serene Neighborhood! Discover the perfect spot for your future home on this spacious corner lot, nestled in a peaceful corner lot. With over 1/4 acre of undeveloped land, there's ample room to bring your vision to life. Conveniently located near Socorro High School and Socorro Middle School, this prime lot offers both tranquility and accessibility. Please verify all utilities and zoning restrictions. Buyers are encouraged to conduct their own due diligence.

Investor Tools

Property Icon
$62,000
Estimated Property Value
$221,710Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$390 /month
Positive
Cash Flow Estimate:
$130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$97/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$851
$31,500
2025
$31,500
N/A
$31,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$851
$31,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Building Or Construction Loan
$225,000
No
First
Jul 25, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,710
N/A
0%
358%
$1,349/mo

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.

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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: Socorro

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340 Escalante Dr | Property Details | No Agent List