Last 24 Hours
$440,950
985 Barbara Avenue, Socorro, TX, 79927
On Market
5 Beds
4 Bath
3,138 Sq Ft
Single Family Residence
$140.52 / sqft
Built in 2025Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 5
Bathrooms Full 2.5
Garage Available
Heating Forced Air Unit
CoolingAppliancesDishwasher, Disposal, Dryer, Microwave, Refrigerator
FlooringTile, Carpet
Exterior
Private PoolLot Size6,425 sqft
Building Information
Year Built2024
Roof Type105
Garage Spaces420
Land Information
APNV120-000-0010-0900
Lot Number9
Land UseVacant Residential Inventory Discount
Legal DescriptionBLK 1 VALLE NUEVO #1 LOT 9
Census Tract010347
Assessed Land Value$28,298
Assessment Year2025
About this property
Tropicana Homes 'Next-Gen Haven' is 2 homes in one! The main house has 4 bedrooms and 2 and a half baths with the master suite located downstairs. The kitchen and dining area are one large space separate from the huge living room. Upstairs is a giant, versatile loft, laundry room, bathroom, and 3 large bedrooms. The attached Next-Gen Suite has a private entrance on the side of the house and is equipped with a kitchenette, its own laundry area and a bedroom with a full bath attached.
Investor Tools
$0Estimated Mortgage Balance
$424,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,646 /month
Positive
Cash Flow Estimate:
$882 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$28,298
2025
$28,298
N/A
$28,298
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$28,298
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$424,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
N/A
+$1,361/mo
3.9%
12.4%