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$241,000

980 Barbara Avenue, Socorro, TX, 79927

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,343 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.87 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDishwasher, Free-Standing Gas Oven, Microwave, Refrigerator
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size5,501 sqft

Building Information

Year Built2024
Roof Type105
Garage Spaces460

Land Information

APNV120-000-0020-0700
Lot Number7
Land UseSingle Family Residence
Legal DescriptionBLK 2 VALLE NUEVO #1 LOT 7
Census Tract010347
Assessed Land Value$49,509
Assessed Improvement Value$51,144
Assessment Year2025

About this property

Discover the perfect blend of style and comfort at 980 Barbara Ave in Socorro, featuring 3 bedrooms, 2 baths, and 1,343 sqft of immaculate living space. Highlighted by all-tile flooring, tall ceilings, and a kitchen equipped with stainless-steel Samsung appliances, this home offers modern convenience. Enjoy privacy with no back neighbors and easy access to Loop-375/I-10. Key Features: Modern Kitchen: Samsung stainless-steel appliances (gas stove, microwave, dishwasher, refrigerator). Long quartz top counter-tops and island. Upgraded Interior: All-tile flooring (no carpet), high ceilings, and spacious bedrooms. Luxury Baths: Quartz countertops and stylish steel-edged shower tiles. Garage: Recently installed epoxy flooring. Gas line connection off the back patio is ready for you to setup your outdoor kitchen. Prime Location: No back neighbors, close to dining/shopping, with quick access to Loop-375 and I-10. Don't miss the chance to own this stunning, move-in-ready home!

Investor Tools

Property Icon
$241,000
Estimated Property Value
$0Estimated Mortgage Balance
$16,643Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$100/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$100,653
2025
$49,509
$51,144
$100,653
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$100,653

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$228,727
Yes
First
Apr 4, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,357
$16,643
6%
93%
$1,372/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$1,372/mo
$-11/mo
6.8%

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.

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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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980 Barbara Avenue | Property Details | No Agent List