2 months on rocket

421 Panahi Rd, Socorro, TX, 79927

$395,000

Home List Price

$4,691*

Closing Credit

0 Baths
2,862 SqFt
$138/SqFt
Multi
Schools Nearby

Location

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421 Panahi Rd, Socorro$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1987
HeatingCentral, Natural Gas
CoolingEvaporative Cooling
MLS #896454
Lot Size0.22 Acres
StatusActive

About 421 Panahi Rd

4 units for Sale. (2) 2 bedroom, 1 bath, 1 story and (2) 2 bedroom, 1.5 baths, 2 story. Very well maintained. Each unit has washer/dryer hookups as well as evaporative air units. Located between Socorro Rd and Alameda. Private Financing Available. Leases expire: Unit #1 - 10/31/2024 Unit #2 - 10/31/2024 Unit #3 - 08/31/2024 Unit #4 - 08/31/2024

Property Details

Property Features

Property Information:

  • Year Built: 1987
  • Living Area: 2,862 SqFt

Listing Office:

  • Office Name: Doug Borrett Real Estate Co.
  • Office Email: doug.borrett@corerealestate.us
  • Listing Agent: George Cruz

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 421 Panahi Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Evaporative Cooling

School Info

Assigned Schools Information:

  • Socorro High School, Public District Grades 9-12
  • Mission Early College High School, Public District Grades 9-12
  • Socorro Middle School, Public District Grades 6-8
  • Campestre Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $138/SqFt
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Housing Market Comparison

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

Med. List Price

$234.9K

Med. Price/SqFt

$148

Avg. Days On Market

101

# of Sold Homes

15

421 Panahi Rd vs Socorro

83 DAYS ON ROCKET

-18 Days

$395,000

+$160K More

$138/SqFt

-$10 Less

KEY TAKEAWAY

This property is $160K more than the Median List Price and $10/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: #896454

Listing Office:

  • Office Name: Doug Borrett Real Estate Co.
  • Office Email: doug.borrett@corerealestate.us
  • Listing Agent: George Cruz

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: 5/10/2024, 9:20:37 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

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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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.

Elementary School

school-card-donut-10094042
6
/10
  • Campestre Elementary School

  • 11399 Socorro Rd

  • 0.25 miles

  • Public District Grades PK-5

Middle School

school-card-donut-10094043
4
/10
  • Socorro Middle School

  • 321 Bovee Rd

  • 1.32 miles

  • Public District Grades 6-8

High School

school-card-donut-10094044
3
/10
  • Socorro High School

  • 10150 Alameda Ave

  • 2.82 miles

  • Public District Grades 9-12

school-card-donut-10094045
10
/10
  • Mission Early College High School

  • 10700 Gateway Blvd E

  • 4.07 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas


Rocket HomesTexasEl Paso CountySocorro79927421 Panahi Rd

This home is located at 421 Panahi Rd in Socorro, TX and zip code 79927. This 2,862 square foot home, which was built in 1987, sits on a 0.22 acre lot. It has been listed on Rocket Homes since February 18, 2024 and is currently priced at $395,000.

The number of homes for sale in Socorro, TX increased by 2% between March 2024 and April 2024. In April 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $234,999.

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

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