421 Panahi Road

Socorro, TX 79927

$395,000
Price
8
Beds
4
Baths
2,862 Sq. Ft.
$138 / Sq. Ft.
2,862
Sq. Ft.
$138
per Sq. Ft.

Description

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
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
  1. Listed by George Cruz • TREC #0379466 • Doug Borrett Real Estate Co.
    C: 915-630-1133 george@approvedmortgagellc.com
  2. Listed by Kevin Yahir Barron • TREC #0814827 • Doug Borrett Real Estate Co.
    C: 915-777-7046 kevinybarronre@gmail.com

Property Details for 421 Panahi Road

School District
Socorro
Subdivision
Friedman Estates
Garage:None
Yes
Zoning
R1
Cooling
Evaporative Cooling
Construction
Frame, Stucco

Location

Listing Courtesy of Doug Borrett Real Estate Co.
Add your commute
LISTING UPDATED: 03/07/2024 11:09 AM

Property Details for 421 Panahi Road

StatusActive
MLS #896454
Days on Market78
Taxes$9,266 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Quadruplex
Year Built1987
Lot Size0.22 AC / 9,583 SF
CountyEl Paso County

Location

Listing Courtesy of Doug Borrett Real Estate Co.
Add your commute

Building Information for 421 Panahi Road

Stories-Residences4Year Built1987Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$2,928 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,156

Property Taxes

$772

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 421 Panahi Road

Summary
Location and General Information
  • Buildings Total: 1
  • Elementary School: Campestre
  • Middle School: Socorrom
  • High School: Socorro
  • Handicap Access: No
  • County: El Paso
  • High School District: Socorro
  • Mobile Length: 1
  • Mobile Width: 4
Taxes and HOA Information
  • Tax Year: 2023
  • Tax Legal Description: 21 FRIEDMAN ESTATES #2 LOT 28, Socorro TX
  • Hoa Dues: $.00
  • Tax Annual Amount: $9,266.00
Property
Lot Information
  • Apx Acres 2: .22
  • Parcel ID: 352628
  • Lot Size Acres: 0.22
  • Lot Size Square Feet: 9583.2
  • Apx SqFt Lot/Land: 9,542.46
Property and Assessments
  • General Property Info:Flood Zone: No
  • Source:Info Limited: Yes
  • Special Listing Conditions: None
  • Total Floor Plans Count: 0
  • Property Type: D
  • Year Built: 1987
  • Apx Sqft - Main: 2,862.00
  • Property Sub-Type: Quadruplex
  • Lot Size Area: .22
  • Lot Size Units: Acres
Utilities
  • Metering:Individual Electric: Yes
  • Metering:Individual Gas: Yes
  • Heating: Central, Natural Gas
  • Utilities: All City
  • Water: City
  • Sewer: City
Interior and Exterior Features
Exterior Features
  • Roof: Flat
  • Other Structures:None: Yes
Interior Features
  • Flooring: Tile
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • Income & Expenses: Annual Gross Income: $36,000.00
  • Total Stories Num: 2
  • Units for Sale: 4
  • Lead Paint Discl: No
  • Rental Info:See Remarks: Yes
Unit 1
  • Actual Rent: 700.00
  • Num Of Units: 1
  • Baths Total: 1
  • Beds Total: 2
Unit 2
  • Actual Rent: 700.00
  • Num Of Units: 2
  • Baths Total: 1
  • Beds Total: 2
Unit 3
  • Actual Rent: 800.00
  • Num Of Units: 3
  • Baths Total: 1
  • Beds Total: 2
Unit 4
  • Actual Rent: 800.00
  • Num Of Units: 4
  • Baths Total: 1
  • Beds Total: 2
Rental
Rental Information
  • Owner Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas

Property History for 421 Panahi Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 421 Panahi Road

Taxable ValueLand$14,428Additions$77,821Total$92,249
Tax Record2020$3,106 ($259 / month)
Home Facts
Baths4Total Finished SqFt2,862 SqFtAbove Grade Finished SqFt2,862 SqFtStories1Lot Size9,542 SqFtStyleQuadraplexYear Built1987CountyEL PASOAPNF80000202100280

Schools near 421 Panahi Road

This home is within Socorro Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Campestre Elementary School
PublicPK to 5

Socorro Middle School
Public6 to 8

Socorro High School
Public9 to 12

Options High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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421 Panahi Road is a multi-family home for sale in Socorro, TX 79927. This property was listed for sale on February 13, 2024 by Doug Borrett Real Estate Co., it's currently listed at $395,000. It has been on the market for a total of 78 days and was last sold on December 21, 2021. This listing's school district is Socorro Independent School District. Nearby schools include Campestre Elementary School, Socorro Middle School and Socorro High School. 421 Panahi Road is a 8-bed, 4-bath, 2,862 sqft multi-family home built in 1987.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Doug Borrett Real Estate Co.

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.