$255,879
NAL Estimated Property Value429 Plateau Dr, Socorro, TX, 79927
$295,442 ARV
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Free-Standing Gas Oven
FlooringTile, Carpet
Exterior
Lot Size6,100 sqft
Building Information
Roof Type105
Garage Spaces420
Land Information
APNH008-000-0040-1900
Lot Number19
SubdivisionHaciendas De Socorro
Land UseResidential
Legal DescriptionBLK 4 HACIENDAS DE SOCORRO LOT 19
Census Tract010404
Assessed Land Value$42,212
Assessed Improvement Value$213,667
Assessment Year2025
About this property
Welcome to the Haciendas De Socorro subdivision! Quietly nestled near North loop Dr and Horizon Blvd just 15 minutes from I-10. This spacious 4 bedroom offers 3 full bathrooms and a mini master suite. Granite counter tops throughout, primary master suite privately located towards the base of the home. Backyards has raised fencing ready for any size dog! Front landscape just recently completed 10/24. This absolute gem of a home will not last long with such an appealing layout! Act fast and make this beauty yours today!
Investor Tools
$255,879
Estimated Property Value
$228,034Estimated Mortgage Balance
$27,845Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$295,442
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,535 /month
Positive
Cash Flow Estimate:
$512 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$683/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,916
$255,879
2025
$42,212
$213,667
$255,879
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,916
$255,879
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocky Mountain Mortgage Co
Fha
$240,486
Yes
First
Jul 29, 2023
Aug 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,034
$27,845
10%
89%
$1,442/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,664/mo
$1,442/mo
+$222/mo
7.8%
