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$255,000

401 Plateau Dr, Socorro, TX, 79927

$258,571 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths1,578 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.6 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Must-SellAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Microwave
FlooringVinyl, See Remarks, Carpet

Exterior

Private PoolPrivate Pool
Lot Size6,100 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces437

Land Information

APNH008-000-0040-1200
Lot Number12
SubdivisionHaciendas De Socorro
Land UseResidential
Legal DescriptionBLK 4 HACIENDAS DE SOCORRO LOT 12
Census Tract010404
Assessed Land Value$42,212
Assessed Improvement Value$205,876
Assessment Year2025

About this property

Welcome to 401 Plateau Dr -- a modern 4BD/3BA home in Socorro, TX, priced at $255,000. Built just 3 years ago, this 1,599 sq ft home features an open-concept floor plan perfect for families. The junior ensuite adds flexibility for guests or a growing household. The seller is motivated -- making this a real opportunity to move fast and win. Young family looking for a move-in ready home in a growing community? This is it. Bienvenidos a 401 Plateau Dr -- una moderna casa. Con 3 años de construida y 1,599 pies cuadrados, cuenta con plano abierto ideal para familias y cuarto junior con baño privado para mayor flexibilidad. El vendedor está motivado -- una oportunidad real para moverse rápido y asegurar una gran inversión. ¿Buscas una casa lista para mudarte cerca de El Paso? Esta es tu oportunidad.

Investor Tools

Property Icon
$249,000
Estimated Property Value
$241,950Estimated Mortgage Balance
$19,968Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$258,571
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

Thomas Trainor

Revolve Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$663/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,706
$248,088
2025
$42,212
$205,876
$248,088
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,706
$248,088

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Conventional
$241,950
No
First
Jul 29, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,422
$18,666
7%
92%
$1,451/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,664/mo
$1,451/mo
+$213/mo
8.0%

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: Socorro

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