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$509,000

NAL Estimated Property Value

2400 S Colorado St, Monahans, TX, 79756

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,589 Sq Ft
price_per_sqft$339.21 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
AppliancesElectric Water Heater, Dryer Electric, Electric Range, Microwave, Dishwasher, Disposal
FlooringLaminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther - See Remarks
Lot Size2 acres

Building Information

Year Built2011
Garage Spaces2

Land Information

APN706736
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 D AND H COUNTRY ESTATES
Census Tract950100
Assessed Land Value$15,980
Assessed Improvement Value$238,010
Assessment Year2025

About this property

Gorgeous 3 bedroom/2 bath at around 1,600 living sf home for sale. This beautifully landscaped property sits on 2 acres with tons of upgrades and improvements! This property features a new metal roof, upgraded flooring, indoor fireplace, a (30x50) workshop with an XL covered patio ideal for entertaining guests, an above ground swimming pool (21x43), a (200x500) running field for livestock, a (20x30) dog kennel with outdoor runs, and a metal privacy fence surrounding entire property.

Investor Tools

Property Icon
$509,000
Estimated Property Value
$176,568Estimated Mortgage Balance
$332,432Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,234 /month
Positive
Cash Flow Estimate:
$1,078 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,040
$203,190
2025
$15,980
$238,010
$253,990
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,040
$203,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$194,090
No
First
Aug 3, 2021
Sep 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,568
$332,432
65%
35%
$1,164/mo

City: Monahans