When was property at 501 Polep Way built and last sold?

The property at 501 Polep Way was built in 1994 and last sold on Apr 28, 2023 for $163,631.

How much is this home worth?

The estimated value of the home located at 501 Polep Way is $166,650.

What are some comparable homes to 501 Polep Way?

There are currently no comparable homes to 501 Polep Way.

Socorro

79927

501 Polep Way

$134,000

● Multifamily - Off Market

501 Polep Way

Socorro, TX 79927

3 Beds

2 Baths

$166,279

RealtyHop Estimate

0.78%

Since Jun 1, 2023

National-US

Primary Model

About This Property

Come check out this recently remodeled duplex on a large corner lot with plenty of room for growth. Roof covering have been replaced as well as floors, bathroom tile, light fixtures, doors, widows and each unit has a mini split unit. This duplex has come back due to buyer not qualifying, FHA appraisal come out to $180,000.

Unit Size

Days on Market

118 days

Land Size

0.19 acres

Price per sqft

Property Type

Multifamily

Property Taxes

$174

HOA Dues

Year Built

1994

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (GEPAR MLS #872080)

Price History

Date / Event	Date	Event
May 3, 2023	Sold	Premium
Sold
Nov 1, 2022	Listed by Sandra Luna & Associates	$165,000
Listed by Sandra Luna & Associates

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1994

Effective Year Built: 1994
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 5
Building Condition: 0
Building Quality: 0
Construction Type: 6
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 13
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,471

Total Building Area: 1,392
Gross Building Area: 1,392
Building Area: 1,392
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 2
Heating: 4
Heated Square Feet: 1,392
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: FRIEDMAN ESTATES #1
Land Acres: 0000000195
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: 9 FRIEDMAN ESTATES #1 LOT 23

Neighborhood

School District Name: Socorro Independent School District

Census Tract: 010410

Geography

Assessors Map Reference: Z-62

Parcel: F800-001-0009-0023
Lot: 23
Municipality: CITY OF SOCORRO
Latitude: 31.6185
Longitude: -106.282

Address

Full Address: 501 Polep Way

Address - House Number: 501
Address - Street Name: Polep
Address - Suffix Type: Way
State: TX
City Name: El Paso
Carrier Code: R001
4-Digit Zip Code: 3261
Zip Code: 79927

Valuation

Tax

Tax Year: 2023

Tax Amount: $437,419
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: 27

Appraisal Valuation

Standard Deviation: 0.1546

Valuation Date: Apr 03, 2024
Confidence Score: 81
Final Value: 165,571
High Value: 191,183
Low Value: 139,958

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $145,869

Market Land Value: $22,023
Market Improvement Value: $123,846

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $145,869
Assessed Land Value: $22,023
Assessed Improvements Value: $123,846

Sales

Current Sale Contract Date: Apr 28, 2023

Current Sale Recording Date: May 18, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 35781

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Socorro

Stats & Trends

Median Asking:

$238,500

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

Average Home Size

1591 ft²

Average Home Age

17.2 years

Currently For Sale

64 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 515 Dusk View Street, Socorro, TX, 79927

$1,645 /mo

4 Beds
2 Baths

515 Dusk View Street #A, Socorro, TX, 79927 Listing by Sam Jallad

Unit for rent at 11352 Hidalgo Drive, Socorro, TX, 79927

$1,800 /mo

3 Beds
1 Bath

11352 Hidalgo Drive, Socorro, TX, 79927 Listing by Adryana Martinez

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.

Listed by: Sandra Luna, Sandra Luna & Associates
Last Updated: 5 months ago
Data Source: GEPAR, MLS# 872080

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.

501 Polep Way

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Socorro

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions