7 months on rocket

11583 Favila Rd, Socorro, TX, 79927

$350,000

Home List Price

$4,156*

Closing Credit

0 Baths
4,200 SqFt
$83/SqFt
Multi

Location

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11583 Favila Rd, Socorro$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Parking1 Space Per Unit, Unassigned, Unpaved
Year Built1987
HeatingCentral, Forced Air
CoolingEvaporative Cooling
MLS #900020
Lot Size0.22 Acres
StatusActive

About 11583 Favila Rd

Great multi-family investment property cash flowing in the East Side of El Paso, TX. A total of 4 units, each unit with 2 bedrooms and 1 bathroom. Each unit has been updated with paint, flooring, ceiling fixtures, bathrooms in the past 3 years. Tenants pay for gas and electricity. Landlord pay water and trash. The property has access to Alameda. Shoppings centers and schools near by.

Property Details

Property Features

Property Information:

  • Year Built: 1987
  • Living Area: 4,200 SqFt

Listing Office:

  • Office Name: eXp Realty LLC
  • Office Email: tx.membership@exprealty.com
  • Listing Agent: Mireya Cevallos

Interior Features

Interior Information:

  • Appliances: Refrigerator, Gas Oven
  • Flooring Type: Laminate, Tile

Exterior Features

Parking Information:

  • Parking: 1 Space Per Unit, Unassigned, Unpaved

Virtual/3D Tour

  • Virtual Tour: 11583 Favila Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Evaporative Cooling

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $83/SqFt
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Housing Market Comparison

See how this home compares to others in Socorro, TX.

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Socorro, TX

City

Med. List Price

$235K

Med. Price/SqFt

$149

Avg. Days On Market

80

# of Sold Homes

18

11583 Favila Rd vs Socorro

218 DAYS ON ROCKET

+138 Days

$350,000

+$115K More

$83/SqFt

-$66 Less

KEY TAKEAWAY

This property is $115K more than the Median List Price and $66/SqFt less than other homes in Socorro, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater El Paso Association of REALTORS®
  • MLS Number: #900020

Listing Office:

  • Office Name: eXp Realty LLC
  • Office Email: tx.membership@exprealty.com
  • Listing Agent: Mireya Cevallos

IDX 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 other brokerage firms are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurateby the MLS. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright © 2024 The Greater El Paso Association of REALTORS®, MLS Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/23/2024, 11:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1014703
8
/10

  • Campestre Elementary School

  • 11399 Socorro Rd

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-1014704
6
/10

  • Robert R. Rojas Elementary School

  • 500 Bauman Rd

  • 1.69 miles

  • Public District Grades PK-5

school-card-donut-1014705
6
/10

  • Lorenzo G. Alarcon Elementary School

  • 12501 Socorro Rd

  • 2.15 miles

  • Public District Grades 3-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,043. Typical income of Socorro, TX residents is between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›El Paso County›Socorro›79927›11583 Favila Rd

This home is located at 11583 Favila Rd in Socorro, TX and zip code 79927. This 4,200 square foot home, which was built in 1987, sits on a 0.22 acre lot. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $350,000.

In October 2024 in Socorro, TX there were 16.8% more homes for sale than in September 2024. While the average time on the market in October 2024 was 80 days, the median list price was $235,000.

From Rocket Homes Real Estate and based on county public records data.

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