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Socorro 79927
11556 Philip Drive
$80,000
● House - Off Market

11556 Philip Drive

Socorro, TX 79927
bedrooms
4 Beds
bathrooms
1 Bath
$109,579
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Would you like to live in the quiet lower valley? Then this house could be yours! Covered off-street parking is contained by a roll-shut gate with fencing all around. The living area offers easy-care laminate flooring while the dining room is tiled. An elevated breakfast bar leads into the kitchen where you'll find lots of cabinets, & stainless steel appliances including a gas range & a French door/bottom-freezer refrigerator. There are four bedrooms with one bath. The covered patio opens to extra patio spaces & walkways around the home. You can't beat the price so come & take a look today!
Unit Size
-
Days on Market
83 days
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$218
HOA Dues
-
Year Built
1986

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 5 months ago (GEPAR MLS #828580)

Price History

Date / Event Date Event Price
Aug 31, 2020 Sold
Premium
Sold
Jun 9, 2020 Listed by Coldwell Banker Legacy $80,000
Listed by Coldwell Banker Legacy

Property Highlights

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • 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: 3
  • Garage Square Area: 495
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,316
  • Total Building Area: 1,821
  • Gross Building Area: 1,821
  • Building Area: 1,821
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 2
  • Heating: 24
  • Heated Square Feet: 1,821
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRIEDMAN ESTATES #1
  • Land Acres: 0000000237
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: 10 FRIEDMAN ESTATES #1 LOT 11

Neighborhood

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

Geography

  • Assessors Map Reference: Z-62
  • Parcel: F800-001-0010-0011
  • Lot: 11
  • Municipality: CITY OF SOCORRO
  • Latitude: 31.6143
  • Longitude: -106.282

    Address

  • Full Address: 11556 Philip Dr
  • Address - House Number: 11556
  • Address - Street Name: Philip
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: El Paso
  • Carrier Code: R001
  • 4-Digit Zip Code: 3212
  • Zip Code: 79927

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $432,848
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 27

    Appraisal Valuation

  • Standard Deviation: 0.2173
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 70
  • Final Value: 176,788
  • High Value: 215,222
  • Low Value: 138,354

    Market Valuation

  • Market Total Value: $156,550
  • Market Land Value: $24,965
  • Market Improvement Value: $131,585

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,550
  • Assessed Land Value: $24,965
  • Assessed Improvements Value: $131,585

    Sales

  • Current Sale Contract Date: Feb 22, 2022
  • Current Sale Recording Date: Mar 08, 2023
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16604
  • Previous Sale Recording Date: Aug 28, 2020
  • Previous Sale Contract Date: Aug 27, 2020
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 70
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:

$238,450

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1696 ft²

Average Home Age

17.7 years

Currently For Sale

62 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

Unit for rent at 11648 Flor Freesia Drive, Socorro, TX, 79927

$1,750 /mo

  • 4 Beds
  • 2 Baths
  • 1,194 ft²
11648 Flor Freesia Drive, Socorro, TX, 79927 Listing by Misti D Field

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Mark Olivas, Coldwell Banker Legacy
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 828580
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 11556 Philip built and last sold?
The property at 11556 Philip was built in 1986 and last sold on Feb 22, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 11556 Philip is $80,800.
What are some comparable homes to 11556 Philip?
There are currently no comparable homes to 11556 Philip.
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