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$594,000

NAL Estimated Property Value

1203 S Murray St, Monahans, TX, 79756

SoldInfo
6/30/26
Beds4 Beds
Baths3 Bath
Baths2,442 Sq Ft
price_per_sqft$163.76 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesElectric Water Heater, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesAuto Sprinkler
Lot Size8,398 sqft

Building Information

Garage Spaces2

Land Information

APN6855
Land UseResidential
Legal DescriptionLOT N 40' OF 8 & S 55' OF 9 BLK 5 LYNN
Census Tract950200
Assessed Land Value$5,540
Assessed Improvement Value$276,060
Assessment Year2025

About this property

Beautiful 4 bedroom, 3 bathroom home in Monahans featuring a spacious living area with vaulted ceilings, updated kitchen and bathrooms, and plenty of room to spread out! Enjoy the large backyard, sprinkler system in both front and back yards, extended driveway for additional parking, and a 2-car garage. A must-see property offering comfort, style, and functionality!

Investor Tools

Property Icon
$594,000
Estimated Property Value
$178,431Estimated Mortgage Balance
$415,569Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,564 /month
Positive
Cash Flow Estimate:
$1,188 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$527/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,358
$85,280
2025
$5,540
$276,060
$281,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,358
$85,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$180,000
No
First
Nov 19, 2025
Dec 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,431
$415,569
69%
30%
$1,080/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.

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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: Monahans

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1203 S Murray St | Property Details | No Agent List