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Image 1 - 11583 Favila Rd, Socorro, Texas, 79927 - House for sale

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Image 8 - 11583 Favila Rd, Socorro, Texas, 79927 - House for sale

Home For Sale In Socorro, Texas

11583 Favila Rd, Socorro, Texas, 79927

Home For Sale In Socorro, Texas

house for sale

Listed: 04/23/24

11583 Favila Rd, Socorro, Texas, 79927

Studio Bed:

4,200 Sq Ft Living Area:

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Price

$ 350,000

Show 6 more

About This House

Great multi-family investment property cash flowing in the East Side of El Paso, TX. Atotal 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.

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Original listing

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Socorro Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$233,814 (-6.4%)
Apr 2024	$249,715 (0%)
Mar 2024	$249,715 (0%)
Feb 2024	$249,715 (0%)
Jan 2024	$249,715 (+13.7%)
Dec 2023	$219,721 (-6.2%)

In May 2024, the asking price for 3 bed houses for sale in/near Socorro, United States averaged $233,814, a decrease of 6.4% from the previous month.

Median price trends for properties for sale in Socorro, United States as of May 2024.

Household Income

Median household income: $33,464

Number of households: 9,071

The average household income in Socorro, TX grew from $32,185 to $33,464 in the past year. This data is an estimate based upon 9,071 households in Socorro, TX.
The chart below presents how household income is distributed in Socorro, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Socorro, TX compared to median property taxes around the country. The prevalent amount of property taxes in Socorro, TX equals $3k+ , which is less than the national average.