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Socorro 79927
244 FLOR PAPAGAYO
$224,000
● House - Off Market

244 FLOR PAPAGAYO

Socorro, TX 79927
bedrooms
4 Beds
bathrooms
2 Baths
$1,594
Est. Monthly
7.82%
Cap Rate

About This Property

Welcome home to this beautiful residence! Step into an inviting open living and dining area, perfect for gatherings with loved ones. A fireplace entertainment wall adds sophistication, complemented by stunning modern light fixtures. Conveniently located near schools, shopping, and main roads for easy commuting. Embrace comfort and style in every corner of this welcoming abode.
Unit Size
-
Days on Market
39 days
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$524
HOA Dues
-
Year Built
2021

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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 #900396)

Price History

Date / Event Date Event Price
Jun 3, 2024 Sold
Premium
Sold
Apr 25, 2024 Listed by ClearView Realty $218,000
Listed by ClearView Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • 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: 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: 395
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,568
  • Total Building Area: 1,772
  • Gross Building Area: 1,772
  • Building Area: 1,378
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 4
  • Heated Square Feet: 1,378
  • 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: 0000000128
  • 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 6

Neighborhood

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

Geography

  • Parcel: J187-000-0240-0600
  • Block: 24
  • Lot: 6
  • Municipality: CITY OF SOCORRO
  • Latitude: 31.616
  • Longitude: -106.264

    Address

  • Full Address: 244 Flor Barraja Ln
  • Address - House Number: 244
  • 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: $545,415
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 27

    Appraisal Valuation

  • Standard Deviation: 0.1549
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 80
  • Final Value: 189,485
  • High Value: 218,851
  • Low Value: 160,119

    Market Valuation

  • Market Total Value: $200,269
  • Market Land Value: $28,562
  • Market Improvement Value: $171,707

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,269
  • Assessed Land Value: $28,562
  • Assessed Improvements Value: $171,707

    Sales

  • Current Sale Contract Date: Dec 28, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20210126163
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

1761 ft²

Average Home Age

18.8 years

Currently For Sale

63 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 629 Guy Myers Street, Socorro, TX, 79927

$2,000 /mo

  • 4 Beds
  • 3 Baths
629 Guy Myers Street, Socorro, TX, 79927 Listing by Thelma Briffa
Unit for rent at 337 Fray Olguin Court, Socorro, TX, 79927

$2,000 /mo

  • 4 Beds
  • 2 Baths
337 Fray Olguin Court, Socorro, TX, 79927 Listing by Dora Camarena

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Jacalyn L. Perez, ClearView Realty
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 900396
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 244 Flor Papagayo built and last sold?
The property at 244 Flor Papagayo was built in 2021 and last sold on Dec 28, 2021 for $228,300.
How much is this home worth?
The estimated value of the home located at 244 Flor Papagayo is $220,180.
What are some comparable homes to 244 Flor Papagayo?
There are currently no comparable homes to 244 Flor Papagayo.
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