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Socorro 79927
216 Flor Borraja Lane
$175,950
● House - Off Market

216 Flor Borraja Lane

Socorro, TX 79927
bedrooms
3 Beds
bathrooms
2 Baths
$190,315
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

The New York by Saratoga Homes. A 1 Story, 3 Bedroom, 2 full bath home. Granite countertops in the kitchen. Appliance packages are available on select homes. Please contact Saratoga Homes for further information. 12' X 18' tile flooring, refrigerated air, double pane windows, framed mirrors, front yard landscaping, insulated roll-up sectional garage door. This new home is energy efficient, pre wired for security system and includes a 10 year HOME of Texas warranty. All minor rooms are nicely sized and wired and blocked for ceiling fans. The master suite has a spacious walk-in closet and master bathroom with double sinks.  The pictures are not of the actual home to be built, but will be the same floorplan and similar finishes.
Unit Size
-
Days on Market
109 days
Land Size
0.14 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 #847873)

Price History

Date / Event Date Event Price
Jan 4, 2022 Sold
Premium
Sold
Jun 17, 2021 Listed by SITE VISITS, LLC $175,950
Listed by SITE VISITS, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 418
  • Parking Space Count: 2
  • Patio Type: 38
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,168
  • Total Building Area: 1,906
  • Gross Building Area: 1,970
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 4
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JARDIN DE FLORES #2
  • Land Acres: 0000000142
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: BLK 24 JARDIN DE FLORES #2 LOT 13

Neighborhood

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

Geography

  • Parcel: J187-000-0240-1300
  • Block: 24
  • Lot: 13
  • Municipality: CITY OF SOCORRO
  • Latitude: 31.616
  • Longitude: -106.264

    Address

  • Full Address: 216 Flor Barraja Ln
  • Address - House Number: 216
  • Address - Street Name: Flor Barraja
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Socorro
  • Carrier Code: R086
  • 4-Digit Zip Code: 3712
  • Zip Code: 79927

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $584,710
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 27

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 70
  • Final Value: 237,796
  • High Value: 288,502
  • Low Value: 187,089

    Market Valuation

  • Market Total Value: $212,855
  • Market Land Value: $30,533
  • Market Improvement Value: $182,322

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,855
  • Assessed Land Value: $30,533
  • Assessed Improvements Value: $182,322

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20220001491
  • Previous Sale Recording Date: Jan 06, 2022
  • Previous Sale Contract Date: Dec 20, 2021
  • Previous Sale Amount: $177,900
  • Previous Sale Document Type: 27
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: Octavio Duarte, SITE VISITS, LLC
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 847873
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 216 Flor Borraja built and last sold?
The property at 216 Flor Borraja was built in 2020 and last sold on Dec 23, 2021 for $175,100.
How much is this home worth?
The estimated value of the home located at 216 Flor Borraja is $0.
What are some comparable homes to 216 Flor Borraja?
There are currently no comparable homes to 216 Flor Borraja.
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