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$397,000

1306 S Nelson Ave, Monahans, TX, 79756

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,127 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.01 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size17,681 sqft

Land Information

APN6761
Lot Number4
Land UseResidential
Legal DescriptionLOT 4 BLK 5 LESLIE
Census Tract950200
Assessed Land Value$15,200
Assessed Improvement Value$207,280
Assessment Year2025

About this property

Stunning 4 bedroom, 2 bathroom home with a large shop in the back! Green grass and a cozy covered porch to enjoy in the front yard. Low maintenance turf in the backyard with a large patio! Beautiful fireplace and vaulted ceilings in the living room. Adorable library nook. Spacious master suite with double sinks and two walk-in closets! This home has it all and is ready for new owners!

Investor Tools

Property Icon
$397,000
Estimated Property Value
$152,884Estimated Mortgage Balance
$286,533Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,355
$177,980
2025
$15,200
$207,280
$222,480
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,355
$177,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$152,884
Yes
First
Dec 23, 2013
Jan 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,827
$271,173
70%
28%
$0/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.

Explore Texas Explore This Area
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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1306 S Nelson Ave | Property Details | No Agent List