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$298,000

NAL Estimated Property Value

1309 S Nelson Ave, Monahans, TX, 79756

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,675 Sq Ft
price_per_sqft$188.06 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Water Heater, Electric Range, Microwave, Dishwasher, Disposal, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size14,401 sqft

Building Information

Year Built2012
Garage Spaces2

Land Information

APN670381
Lot Number7
Land UseResidential
Legal DescriptionLOT 7 BLK 4 LESLIE
Census Tract950200
Assessed Land Value$12,380
Assessed Improvement Value$214,320
Assessment Year2025

About this property

Lovely Monahans home on a large lot ready for new owners! Step in to living room with gorgeous exposed beam along the vaulted ceiling and a cozy fireplace. Master suite also boasts vaulted ceilings and a walk-in closet. Kitchen remodeled in 2020 and ALL kitchen appliances stay. Beautifully maintained yards with sprinklers and a metal fence in the back. BBQ area ready to entertain! Shed and shop in the backyard with A/C units. Plenty of storage spots inside & out. Call for a tour today!

Investor Tools

Property Icon
$298,000
Estimated Property Value
$271,852Estimated Mortgage Balance
$26,606Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,427
$181,360
2025
$12,380
$214,320
$226,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,427
$181,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$285,729
Yes
First
Aug 14, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,852
$15,148
5%
91%
$1,714/mo

City: Monahans

1309 S Nelson Ave | Property Details | No Agent List