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$241,000

NAL Estimated Property Value

980 Barbara Avenue, Socorro, TX, 79927

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,343 Sq Ft
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

Exterior FeaturesWalled Backyard, Back Yard Access
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
$224,357Estimated Mortgage Balance
$16,643Estimated Equity
6% 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%

City: Socorro

980 Barbara Avenue | Property Details | No Agent List