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$287,000

NAL Estimated Property Value

488 Plateau Drive, Socorro, TX, 79927

$293,966 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,917 Sq Ft
price_per_sqft$152.84 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Microwave, Range Hood, Refrigerator
FlooringTile

Exterior

Exterior FeaturesWalled Backyard, Back Yard Access
Lot Size7,429 sqft

Land Information

APNH008-000-0030-0100
Lot Number1
SubdivisionHaciendas De Socorro
Land UseResidential
Legal DescriptionBLK 3 HACIENDAS DE SOCORRO LOT 1
Census Tract010404
Assessed Land Value$47,397
Assessment Year2025

About this property

Explore timeless luxury in this remarkable 4-bedroom new construction home in Haciendas de Socorro. The classic exterior, blank canvas backyard, and secluded setting provide an idyllic sanctuary. Inside, tile flooring and an open floor plan create an airy and inviting atmosphere. Revel in the elegance of recessed lighting, granite countertops, an upgraded garage, and bespoke design touches. The primary bedroom offers a spacious walk-in closet and a lavish shower, while two rooms offer double closets for ample storage. Completing the allure are the exterior kitchen and TV mount preparation. Don't miss your chance—schedule a viewing today! *** Pictures only as reference and illustrative purposes, colors, fixtures and amenities subject to change. PROPERTY UNDER CONSTRUCTION, CAUTION IS ADVISED. ***

Investor Tools

Property Icon
$287,000
Estimated Property Value
$285,185Estimated Mortgage Balance
$1,815Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$293,965
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$536
$47,397
2025
$47,397
N/A
$47,397
No

Tax History

Year
Tax Paid
Assessed Value
2024
$536
$47,397

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Lending Group Inc
Fha
$287,692
Yes
First
Nov 3, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,185
$1,815
0%
99%
$1,725/mo

City: Socorro