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Socorro 79927
256 Flor Iris Court
$151,950
● House - Off Market

256 Flor Iris Court

Socorro, TX 79927
bedrooms
4 Beds
bathrooms
2 Baths
$177,788
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

The Madrid by Saratoga Homes. A 1 Story, 4 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 walk-in closet. 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
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$39
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 #847885)

Price History

Date / Event Date Event Price
Jun 21, 2021 Sold
Premium
Sold
Jun 17, 2021 Listed by The Broker Sponsor Corporation $151,950
Listed by The Broker Sponsor Corporation

Property Highlights

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • 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: 450
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,015
  • Total Building Area: 1,668
  • Gross Building Area: 1,668
  • Building Area: 1,218
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 10
  • Heating: 4
  • Heated Square Feet: 1,218
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JARDIN DE FLORES #1 (AMENDING)
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: BLK 19 JARDIN DE FLORES #1 (AMENDING) LOT 24

Neighborhood

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

Zoning

  • Zoning: R2

Geography

  • Parcel: J187-000-0190-2400
  • Block: 19
  • Lot: 24
  • Municipality: CITY OF SOCORRO
  • Latitude: 31.6181
  • Longitude: -106.27

    Address

  • Full Address: 256 Flor Iris Ct
  • Address - House Number: 256
  • Address - Street Name: Flor Iris
  • Address - Suffix Type: Ct
  • State: TX
  • City Name: El Paso
  • Carrier Code: R086
  • 4-Digit Zip Code: 2214
  • Zip Code: 79927

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $464,357
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 27

    Appraisal Valuation

  • Standard Deviation: 0.2089
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 71
  • Final Value: 205,257
  • High Value: 248,155
  • Low Value: 162,358

    Market Valuation

  • Market Total Value: $205,082
  • Market Land Value: $27,009
  • Market Improvement Value: $178,073

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $185,917

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20210019512
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:

$239,000

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

61

Average Home Size

1942 ft²

Average Home Age

18.6 years

Currently For Sale

73 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

$1,900 /mo

  • 4 Beds
  • 3 Baths
  • 1,913 ft²
629 Guy Myers Street, Socorro, TX, 79927 Listing by Thelma Briffa

Rentals Near You

Click here to view more rentals in the neighborhood.
GEPAR

Listed by: Octavio Duarte, The Broker Sponsor Corporation
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 847885
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 256 Flor Iris built and last sold?
The property at 256 Flor Iris was built in 2020 and last sold on Feb 25, 2021 for $151,200.
How much is this home worth?
The estimated value of the home located at 256 Flor Iris is $153,470.
What are some comparable homes to 256 Flor Iris?
There are currently no comparable homes to 256 Flor Iris.
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