$198,000
●
House -
Off Market
491 El Salto Drive
Socorro, TX 79927
4 Beds
3 Baths,
1
Half Bath
$299,521
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model
About This Property
Priced to sell. This beautiful custom home has a huge corner lot
will be sold. Enjoy this tranquil Socorro neighborhood. With a full
price offer Seller will include security system with cameras. As
you enter the foyer you will see a formal living room on the right,
1/2 bath on the left. Proceeding down the hall you will find an
open floor plan with a huge den with vaulted ceiling overlooking
the open kitchen with island. The den includes built ins and a
fireplace. The upstairs bedrooms can be accessed from the front of
the house or through the den. Access to the patio is either through
the kitchen or the dinning area. The oversized master includes a
balcony, walk-in closet, private water closet, separate shower,
jetted tub and double sinks. Two bedrooms share a jack-n-jill
double sink bathroom with shower tub. The 4th bedroom is private
with it's own 3 piece bathroom perfect for guest or mother-in-law.
Unit Size
-
Days on Market
35 days
Land Size
0.47 acres
Price per sqft
-
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
2003
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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 #751328)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 24, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Listed | $198,000 | |
| Listed | |||
| | |||
|
Priced to sell. This beautiful custom home has a huge corner lot will be sold. Enjoy this tranquil Socorro neighborhood. With a full price offer Seller will include security system with cameras. As you enter the foyer you will see a formal living room on the right, 1/2 bath on the left. Proceeding down the hall you will find an open floor plan with a huge den with vaulted ceiling overlooking the open kitchen with island. The den includes built ins and a fireplace. The upstairs bedrooms can be accessed from the front of the house or through the den. Access to the patio is either through the kitchen or the dinning area. The oversized master includes a balcony, walk-in closet, private water closet, separate shower, jetted tub and double sinks. Two bedrooms share a jack-n-jill double sink bathroom with shower tub. The 4th bedroom is private with it's own 3 piece bathroom perfect for guest or mother-in-law. The manager has listed the unit size as 2595 square feet.
| |||
| Jul 20, 2018 | Listed by Realty One Group Mendez Burk | $198,000 | |
| Listed by Realty One Group Mendez Burk | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Socorro
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Listed by: Yvonne Aboud Russell, Realty One Group Mendez Burk
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 751328
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.
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 751328
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