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Socorro 79927
11840 Ernest Road
$198,950
● House - Off Market

11840 Ernest Road

Socorro, TX 79927
bedrooms
3 Beds
bathrooms
2 Baths
$205,015
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Classic American Homes THE BOSTON, Plan E5531S. A beautiful 1-story home with 3 bedrooms, 2 full baths, 2 living areas, granite counter tops in a large kitchen with a bar, ceramic tile, refrigerated a/c, and much more. Pictures are of the proposed floor plan.
Unit Size
-
Days on Market
139 days
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

Payment Calculator

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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 #866850)

Price History

Date / Event Date Event Price
Mar 1, 2023 Sold
Premium
Sold
Jul 21, 2022 Listed by New Beginnings Realty-1964 $198,950
Listed by New Beginnings Realty-1964

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 408
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,827
  • Total Building Area: 1,990
  • Gross Building Area: 2,067
  • Building Area: 1,582
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 4
  • Heated Square Feet: 1,582
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAS DE SOCORRO
  • Land Acres: 0000000203
  • Standard Land Use Code: 1000
  • County Land Use Code: O2
  • State Land Use Code: O2
  • Legal Description 1: BLK 5 VILLAS DE SOCORRO LOT 4

Neighborhood

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

Geography

  • Parcel: V851-000-0050-0400
  • Block: 5
  • Lot: 4
  • Latitude: 31.6077
  • Longitude: -106.275

    Address

  • Full Address: 11840 Ernest Rd
  • Address - House Number: 11840
  • Address - Street Name: Ernest
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Socorro
  • Carrier Code: R001
  • 4-Digit Zip Code: 3293
  • Zip Code: 79927

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $65,782
  • Tax Rate Code Area: 27

    Market Valuation

  • Market Total Value: $213,927
  • Market Land Value: $21,527
  • Market Improvement Value: $192,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $213,927
  • Assessed Land Value: $21,527
  • Assessed Improvements Value: $192,400

    Sales

  • Current Sale Contract Date: Feb 28, 2023
  • Current Sale Recording Date: Mar 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15148
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

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: Terry Harvey, New Beginnings Realty-1964
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 866850
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 11840 Ernest Road built and last sold?
The property at 11840 Ernest Road was built in 2022 and last sold on Feb 28, 2023 for $198,103.
How much is this home worth?
The estimated value of the home located at 11840 Ernest Road is $0.
What are some comparable homes to 11840 Ernest Road?
There are currently no comparable homes to 11840 Ernest Road.
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