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Socorro 79927
11503 Ernest Road
$174,999
● House - Off Market

11503 Ernest Road

Socorro, TX 79927
bedrooms
4 Beds
bathrooms
2 Baths
$1,274
Est. Monthly
10.19%
Cap Rate

About This Property

Discover the perfect blend of space and charm at Friedman Estates! This delightful property features a spacious layout with 4 bedrooms and 2 bathrooms, offering comfort and versatility. The open-concept living area flows  into a kitchen equipped with ample counter space and cabinetry. The expansive yard provides endless potential for outdoor activities, gardening, or future enhancements. Conveniently located near schools, shopping, and dining, this home is ideal for those seeking both comfort and convenience. Don't miss out!
Unit Size
-
Days on Market
34 days
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$415
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

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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 #915105)

Price History

Date / Event Date Event Price
Mar 12, 2025 Sold
Premium
Sold
Feb 11, 2025 In contract -
In contract
Feb 7, 2025 Relisted $174,999
Relisted
Feb 1, 2025 Withdrawn -
Withdrawn
Jan 16, 2025 Listed by Keller Williams Realty -FM $174,999
Listed by Keller Williams Realty -FM

Property Highlights

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 4
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,474
  • Gross Building Area: 1,474
  • Building Area: 1,474
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 18
  • Heated Square Feet: 1,474
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRIEDMAN ESTATES #1
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 3 FRIEDMAN ESTATES #1 LOT 12

Neighborhood

  • School District Name: Socorro Independent School District
  • Census Tract: 010410

Geography

  • Assessors Map Reference: Z-62
  • Parcel: F800-001-0003-0012
  • Lot: 12
  • Municipality: CITY OF SOCORRO
  • Latitude: 31.6167
  • Longitude: -106.281

    Address

  • Full Address: 11503 Ernest Rd
  • Address - House Number: 11503
  • Address - Street Name: Ernest
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Socorro
  • Carrier Code: R001
  • 4-Digit Zip Code: 3214
  • Zip Code: 79927

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $244,766
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 27

    Appraisal Valuation

  • Standard Deviation: 0.1869
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 75
  • Final Value: 174,812
  • High Value: 207,492
  • Low Value: 142,132

    Market Valuation

  • Market Total Value: $127,368
  • Market Land Value: $20,250
  • Market Improvement Value: $107,118

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $112,747

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Socorro

Stats & Trends

Median Asking:

$237,500

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1672 ft²

Average Home Age

17.5 years

Currently For Sale

66 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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GEPAR

Listed by: Chasity Rosales, Keller Williams Realty -FM
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 915105
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.

Frequently Asked Questions

When was property at 11503 Ernest Road built and last sold?
The property at 11503 Ernest Road was built in 1992 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 11503 Ernest Road is $0.
What are some comparable homes to 11503 Ernest Road?
There are currently no comparable homes to 11503 Ernest Road.
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