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$1,500,000

Listing Price

--beds

1.5baths

2,424sqft

16,553sqft lot

587 Bauman Rd, Socorro, TX 79927

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

108.91

Price / sqft

1987

Year built

Home Details

Prime 7.2-Acre Corner Development Opportunity! Exceptional investment property located at the highly visible corner of North Loop Dr. and Bauman Rd. in the heart of Socorro's rapidly growing development corridor. Situated directly across from Rojas Elementary School and adjacent to the fire department, this property is surrounded by expanding residential, commercial, and industrial developments.nOffering outstanding potential for multifamily housing, apartments, duplexes etc. (subject to zoning and approvals). Existing homes and structures are present; however, the value is in the land and its future development potential.nProperty includes 2 water wells and irrigation rights, adding versatility and long-term value. Excellent visibility, convenient access, and a strategic location make this a rare opportunity for developers, investors, and builders looking to capitalize on Socorro's continued growth.

Interior Details

Square Feet
  • 2424

Bedrooms
  • N/A

Bathrooms
  • 1.5

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Evaporative

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Tile (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 16553

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Brick Veneer

Foundation
  • N/A

Roof
  • Hip

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$5,551

$12,160

$152,718

--%

$164,878

2019

$5,257

$0

$0

--%

$156,560

2018

$4,590

$0

$0

--%

$142,327

2017

$4,044

$12,160

$117,228

--%

$129,388

2016

$4,021

$12,160

$117,228

--%

$129,388

2014

$4,096

$12,160

$121,634

--%

$133,794

2013

$3,891

$12,160

$121,634

--%

$133,095

2012

$2,947

$0

$0

--%

$120,995

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Average Home Price in 79927

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,500,000
$
Down payment
300,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
9,000
$
HOA (Monthly)
0
$
PMI
0
$
$9,710
Your Payment
Total Monthly Payment:$9,710
Percent of Income:166%
Affordable:No

Details for 587 BAUMAN RD

Property Debt

Foreclosure Contact Details