Last 24 Hours
$385,000
1208 S Ike Ave, Monahans, TX, 79756
On Market
Just Added
3 Beds
2 Bath
2,011 Sq Ft
Single Family Residence
$191.45 / sqft
Built in 1960Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesWater Heater
Exterior
Lot Size8,050 sqft
Land Information
APN5051
Lot Number5
Land UseResidential
Legal DescriptionLOT 5 BLK 23 BELLAIRE
Census Tract950200
Assessed Land Value$4,590
Assessed Improvement Value$157,860
Assessment Year2025
About this property
AMAZING NEWLY RENOVATED HOME!! 4 bedroom 3 bath w 2 primary suites. Tile flooring throughout. All new plumbing and all new electrical. New Quartz countertops and custom cabinets throughout. Large kitchen island. New windows. New roof. Walls and ceilings are foam insulated. Corner lot. Storage building in rear and new metal fence. Attached double carport. Expected completion date is November 1st.
Investor Tools
$0Estimated Mortgage Balance
$109,960Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$131/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,025
$109,960
2025
$4,590
$157,860
$162,450
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,025
$109,960
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$439,000
100%
0%
$0/mo
12.4%