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A+
NoAgentList RatingHow are grades calculated? Info
Days25Days on Market
Views1view
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$219,500

607 Maxine Drive, Socorro, TX, 79927

$268,236 ARVInfo
On MarketInfo
Baths1 Bath
Baths2,904 Sq Ft
TriplexTriplex
price_per_sqft$75.59 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
FlooringLaminate, Tile

Exterior

Lot Size8,400 sqft

Building Information

Year Built1975
Stories1
Roof Type106

Land Information

APNM144-000-0006-0006
Lot Number6
SubdivisionMary Lou Park
Land UseResidential
Legal Description6 MARY LOU PARK LOT 6 (8400.00 SQ FT)
Census Tract010347
Assessed Land Value$14,364
Assessed Improvement Value$229,517
Assessment Year2025

About this property

This Tri-Plex provides excellent opportunity with potential income. The property features new ceramic floors, modern lighting, fresh interior paint, and updated windows and doors. The 4-bedroom, 3.5-bathroom main residence includes a laundry room and a spacious rear living area. A detached unit offers 2 bedrooms and 1 bathroom, and a rear apartment offers 1 bedroom and 1 bath. The potential rental income is $700 per month on a month-to-month basis.To assist with further customization, it includes a $2,100 flooring allowance and a $2,500 window allowance.

Investor Tools

Property Icon
$243,881
Estimated Property Value
$0Estimated Mortgage Balance
$243,881Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$268,235
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,463 /month
Positive
Cash Flow Estimate:
$488 /month

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Missy Pena

ERA Sellers & Buyers Real Esta

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,761
$243,881
2025
$14,364
$229,517
$243,881
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,761
$243,881

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$243,881
100%
0%
$0/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.

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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