10 months on rocket

461 Rachel Dr Unit A, B & C, Socorro, TX, 79927

$330,000

Home List Price

$3,919*

Closing Credit

0 Baths
2,026 SqFt
$163/SqFt
Multi

Location

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461 Rachel Dr Unit A, B & C, Socorro$330,000

Buyer Closing Credits

$3,919*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking1 Space Per Unit, On Street
Year Built1978
HeatingCentral
CoolingCentral Air
MLS #894826
Lot Size0.27 Acres
StatusActive

About 461 Rachel Dr Unit A, B & C

Introducing a prime investment opportunity in the heart of Socorro, TX, this property boasts two distinct buildings, making it an ideal choice for investors. The main structure is a fully remodeled house featuring two bedrooms and one bathroom, providing a comfortable and modern living space. Adjacent to the house is a separate lot with a duplex, offering two units, each with two bedrooms and one bathroom. This property's strategic location and complete remodeling make it an attractive prospect for investors seeking a turnkey investment. What sets this opportunity apart is the seller financing option, allowing investors to capitalize on this promising venture with no credit check required. Whether you're looking to expand your portfolio or start your investment journey, this Socorro property presents a unique combination of modern living spaces and investment potential. Don't miss the chance to explore the possibilities that come with this versatile and remodeled property.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Living Area: 2,026 SqFt

Listing Office:

  • Office Name: Texas Ally Real Estate Group
  • Office Phone: (512) 763-2559
  • Listing Agent: Angeline Gomez

Interior Features

Interior Information:

  • Appliances: Other

Exterior Features

Parking Information:

  • Parking: 1 Space Per Unit, On Street

Virtual/3D Tour

  • Virtual Tour: 461 Rachel Dr Unit A, B & C
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $330,000
  • Price Per SqFt: $163/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

461 Rachel Dr Unit A, B & C vs Socorro

308 DAYS ON ROCKET

+228 Days

$330,000

+$95K More

$163/SqFt

+$14 More

KEY TAKEAWAY

This property is $95K more than the Median List Price and $14/SqFt more 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: #894826

Listing Office:

  • Office Name: Texas Ally Real Estate Group
  • Office Phone: (512) 763-2559
  • Listing Agent: Angeline Gomez

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, 11:50:52 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

$1,715

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

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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-1037238
6
/10

  • H.D. Hilley Elementary School

  • 693 N Rio Vista Rd

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-1037239
6
/10

  • Idea Rio Vista Academy

  • 210 N Rio Vista Rd

  • 0.93 miles

  • Public Charter Grades PK-4

school-card-donut-1037240
7
/10

  • Escontrias Steam Academy

  • 205 Buford Rd

  • 1.13 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,888. The most common annual income of people living in Socorro, TX is less than $35k. The most common type of family 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›461 Rachel Dr Unit A, B & C

This home is located at 461 Rachel Dr Unit A, B & C in Socorro, TX and zip code 79927. This 2,026 square foot home, which was built in 1978, sits on a 0.27 acre lot. It has been listed on Rocket Homes since January 21, 2024 and is currently priced at $330,000.

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

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

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