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$249,000

NAL Estimated Property Value

401 Plateau Dr, Socorro, TX, 79927

Recently SoldInfo
8/14/26
Beds4 Beds
Baths3 Bath
Baths1,578 Sq Ft
price_per_sqft$158.43 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDryer, Free-Standing Gas Oven, Microwave, Range Hood, Refrigerator, Washer, See Remarks
FlooringTile

Exterior

Exterior FeaturesSee Remarks, Walled Backyard, Back Yard Access
Lot Size6,100 sqft

Building Information

Year Built2023
Roof Type105
Garage Spaces2

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
$229,422Estimated Mortgage Balance
$19,968Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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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%

City: Socorro

401 Plateau Dr | Property Details | No Agent List