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$462,000

NAL Estimated Property Value

1601 S Franklin Ave, Monahans, TX, 79756

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,535 Sq Ft
price_per_sqft$127.27 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesMore than One Water Heater, Dryer Electric, Dryer Gas, Electric Range, Electric Cooktop, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size14,309 sqft

Building Information

Year Built2002
Garage Spaces2

Land Information

APN7680
Lot Number6
Land UseResidential
Legal DescriptionLOT 6 BLK 8 PARK
Census Tract950200
Assessed Land Value$10,880
Assessed Improvement Value$352,930
Assessment Year2025

About this property

Beautiful large home on a corner lot in Monahans! 2 story home with common areas downstairs and bedrooms upstairs. Large living room with a gorgeous fireplace is open to the dining & kitchen. 2 additional living rooms downstairs plus one upstairs! Huge kitchen island and a lot of cabinet storage. Luxurious master suite. 2 car garage, carport, and a new metal fence! New HVAC in 2022. This home is ready for its new owners, call your favorite realtor for a tour today!

Investor Tools

Property Icon
$462,000
Estimated Property Value
$394,818Estimated Mortgage Balance
$67,794Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,772 /month
Positive
Cash Flow Estimate:
$924 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,752
$291,050
2025
$10,880
$352,930
$363,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,752
$291,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$403,750
No
First
Jan 30, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,818
$59,182
13%
85%
$2,421/mo

City: Monahans

1601 S Franklin Ave | Property Details | No Agent List