11527 PHILIP Drive
About This Property
Welcome to 11527 Philip Dr, a delightful 3-bedroom, 2-bath residence in the heart of Socorro, TX. This inviting home boasts modern living in a tranquil setting, ideal for both families and professionals.
With an open floor plan, the living area seamlessly blends into the dining space.
Kitchen is equipped with stainless steel appliances, ample cabinetry, and sleek countertops, making meal preparations a breeze. Cozy Bedrooms including a primary suite with a private bath, offering comfort and privacy. Outdoor Living: Enjoy the Sun City TX sun in your fenced backyard, ideal for BBQs and outdoor activities. Location: Minutes away from local schools, parks, shopping, and dining, providing the perfect balance of community and convenience.
This property, with its blend of comfort and accessibility, is more than just a house; it's a place to call home. Come buy!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2024 | Sold | ||
| Sold | |||
| Dec 29, 2023 | Listed by ClearView Realty | $157,950 | |
| Listed by ClearView Realty | |||
| Sep 14, 2023 | Listed by Home Pros Real Estate Group | $155,000 | |
| Listed by Home Pros Real Estate Group | |||
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|
Perfect starter home or Investment property.
Spacious kitchen and room for a nice size dining table if needed, 3 bedrooms, 2 3/4 baths with good flow of the home. The property has space for a single size mobile home with hook ups ready.
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| Oct 21, 2022 | Listed by Golden Real Estate | $147,000 | |
| Listed by Golden Real Estate | |||
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Great opportunity! Upon entry is the living room. Down the hall is where the 3 nice size bedrooms with good closet space are located along with the 2 - 3/4 bathrooms nicely updated. Home sits on a good-size lot and is a great starter home. Looking to raise chickens, ducks, etc. this is the house. Call today to schedule your private showing.
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| Feb 19, 2018 | Sold | ||
| Sold | |||
Property Highlights
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About Socorro
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Last Updated: 6 months ago
Data Source: GEPAR, MLS# 893669
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