Last 24 Hours
$258,000
NAL Estimated Property Value1607 S Ike Ave, Monahans, TX, 79756
$287,794 ARV
Recently Sold
9/30/26
3 Beds
2 Bath
1,622 Sq Ft
$153.51 / sqft
Built in 1983Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesElectric Water Heater, Dryer Electric, Electric Range, Dishwasher, Trash Compactor
FlooringCarpet, Tile, Hardwood
Building Information
Garage Spaces2
About this property
3 bedroom 2 bath home in 1622 sqft. All electric home on a large 0.26 acre lot. Vaulted living room with woodburning fireplace, large open doorways and large bathrooms can accommodate a wheelchair. Huge backyard with covered patio, RV slip and nice rolling metal gate in rear. New metal roof was put on in June. Motion detection lights in exterior of home.
Investor Tools
$258,000
Estimated Property Value
$0Estimated Mortgage Balance
$258,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$287,793
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
No HOA
5.947%
12.4%