$245,956
NAL Estimated Property Value653 David Ortiz St, Socorro, TX, 79927
Off Market
Property Lead Type:
BankruptcyAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Refrigerator, See Remarks
FlooringTile, Carpet
Exterior
Exterior FeaturesWalled Backyard, Back Yard Access
Lot Size6,579 sqft
Building Information
Year Built2021
Garage Spaces1
Land Information
APNL233-000-009A-0100
Lot Number1
SubdivisionLeonor Estates #1 Replat A
Land UseResidential
Legal DescriptionBLK 9 LEONOR ESTATES #1 REPLAT A LOT 1
Census Tract010347
Assessed Land Value$31,908
Assessed Improvement Value$214,048
Assessment Year2025
About this property
Leonor Estates located in the heart of Socorro! Beautiful 3 bedroom, 2 bath home on nice size lot! Find your dream home with all the benefits of countryside living and enjoy the tranquility of being home. With easy access to I-10 and Loop 375- it's a short drive from El Paso.
Investor Tools
$245,956
Estimated Property Value
$173,750Estimated Mortgage Balance
$72,206Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$628/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,301
$245,956
2025
$31,908
$214,048
$245,956
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,301
$245,956
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$174,000
No
First
Apr 13, 2026
May 2056
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,750
$72,206
29%
71%
$1,044/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$1,044/mo
+$317/mo
6.6%
