Last 24 Hours
$407,000
NAL Estimated Property Value1404 S Eric Ave, Monahans, TX, 79756
$498,882 ARV
Off Market
5 Beds
3 Bath
3,667 Sq Ft
$109.05 / sqft
Built in 1970Property Lead Type:
Absentee Owner
Highlights
Interior
Bedrooms 5
Bathrooms Full 3AppliancesMore than One Water Heater, Dryer Electric, Electric Range, Electric Cooktop, 2+ Ovens, Dishwasher, Disposal, Refrigerator
FlooringTile
Exterior
Exterior FeaturesAuto Sprinkler
Lot Size15,255 sqft
Building Information
Year Built2010
Land Information
APN8390
Lot Number3
Land UseResidential
Legal DescriptionLOT 3 BLOCK 3 SOUTHEASTERN
Census Tract950200
Assessed Land Value$8,700
Assessed Improvement Value$303,590
Assessment Year2025
About this property
This gorgeous home has room for it all, inside and out! 5 bedrooms plus an office on a huge corner lot. Two large living areas, one with a cozy fireplace. Both the full bathrooms have double sinks. The half bath is attached to the 5th bedroom and could serve as a guest suite. Backyard and back porch are ready to enjoy! Plenty of covered parking between the carport and Rv parking. Schedule a showing today!
Investor Tools
$407,000
Estimated Property Value
$386,426Estimated Mortgage Balance
$83,466Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$498,881
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$312,290
2025
$8,700
$303,590
$312,290
No
Tax History
Year
Tax Paid
Assessed Value
2025
N/A
$312,290
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$392,755
Yes
First
May 9, 2025
Jun 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$386,426
$24,574
5%
95%
$2,355/mo
12.4%