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$287,000

488 Plateau Drive, Socorro, TX, 79927

$293,966 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,917 Sq Ft
price_per_sqft$152.84 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Microwave, Range Hood, Refrigerator
FlooringTile

Exterior

Exterior FeaturesWalled Backyard, Back Yard Access
Lot Size7,429 sqft

Land Information

APNH008-000-0030-0100
Lot Number1
SubdivisionHaciendas De Socorro
Land UseResidential
Legal DescriptionBLK 3 HACIENDAS DE SOCORRO LOT 1
Census Tract010404
Assessed Land Value$47,397
Assessment Year2025

About this property

Explore timeless luxury in this remarkable 4-bedroom new construction home in Haciendas de Socorro. The classic exterior, blank canvas backyard, and secluded setting provide an idyllic sanctuary. Inside, tile flooring and an open floor plan create an airy and inviting atmosphere. Revel in the elegance of recessed lighting, granite countertops, an upgraded garage, and bespoke design touches. The primary bedroom offers a spacious walk-in closet and a lavish shower, while two rooms offer double closets for ample storage. Completing the allure are the exterior kitchen and TV mount preparation. Don't miss your chance—schedule a viewing today! *** Pictures only as reference and illustrative purposes, colors, fixtures and amenities subject to change. PROPERTY UNDER CONSTRUCTION, CAUTION IS ADVISED. ***

Investor Tools

Property Icon
$287,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,815Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$293,965
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$536
$47,397
2025
$47,397
N/A
$47,397
No

Tax History

Year
Tax Paid
Assessed Value
2024
$536
$47,397

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Lending Group Inc
Fha
$287,692
Yes
First
Nov 3, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,185
$1,815
0%
99%
$1,725/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Socorro

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488 Plateau Drive | Property Details | No Agent List