$40,000
●
House -
Off Market
10613 Falk Street
Socorro, TX 79927
3 Beds
1 Bath
$75,289
RealtyHop Estimate
51.27%
Since Oct 1, 2018
National-US
Primary Model
About This Property
Worth a Closer LOOK. Located in the heart of Socorro this 3 brm
home is just the right house for a growing family. Large country
style kitchen. Tile floors throughout. Very flexible floorplan
which allows for various uses for the space. It has the possibility
for 2 kitchens. Side building could be fixed up to be a mother in
law apt or 4th bedroom. Fenced back yard. Be sure to put this one
at the top of your list.
Unit Size
-
Days on Market
185 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$78
HOA Dues
-
Year Built
1986
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (GEPAR MLS #741769)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 24, 2021 | Sold | ||
| Sold | |||
| Jun 1, 2021 | Listed by Summus Realty | $105,000 | |
| Listed by Summus Realty | |||
| | |||
|
Great starter home! This property has had a lot of work done on it and is fully livable as it stands! It needs a little bit of TLC still but has a ton to offer. This home offers refrigerated air tile floors, new cabinets, brand new stainless steel appliances, and an oversized lot with plenty of backyard space and an extreme amount of extra parking in the front! Don't miss out on the incredible value within this home!
| |||
| Sep 16, 2018 | No longer available | - | |
| No longer available | |||
| Sep 13, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | Listed | $49,770 | |
| Listed | |||
| | |||
|
Worth a Closer LOOK. Located in the heart of Socorro this 3 brm home is just the right house for a growing family. Large country style kitchen. Tile floors throughout. Very flexible floorplan which allows for various uses for the space. It has the possibility for 2 kitchens. Side building could be fixed up to be a mother in law apt or 4th bedroom. Fenced back yard. Be sure to put this one at the top of your list. The manager has listed the unit size as 1663 square feet.
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Sold On
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About Socorro
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Listed by: Charles Clark, Clark Bros Real Estate
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 741769
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS®. Real estate listings held by brokerage firms other than RH Advisors, Inc. and RHP Realty NJ, Inc. are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.
Listing data is deemed reliable but not guaranteed.
Copyright 2026 the Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 741769
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