Last 24 Hours
$420,000
NAL Estimated Property Value3800 S Gail Ave, Monahans, TX, 79756
Off Market
2 Beds
1 Bath
784 Sq Ft
Single Family Residence
$228.32 / sqft
Built in 1972Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Half 1Exterior
Lot Size14,000 sqft
Land Information
APN8944
Land UseResidential
Legal Description11 & 12 TRACT 14 WESTERN SUB
Census Tract950100
Assessed Land Value$3,080
Assessed Improvement Value$133,800
Assessment Year2025
About this property
0.7392 acre corner lot for sale. This property is fully surrounded by a metal privacy & includes a 2 bed/1bath mobile home at 784 square feet. Property includes a 5 covered carport, a separate detached covered carport, a storage shed, and a 45 x 60 metal workshop at 2000 square feet! Workshop includes 3 offices and 1 bathroom. This property would make an excellent home and small business for someone, maybe a mechanic or welder.
Investor Tools
$420,000
Estimated Property Value
$75,012Estimated Mortgage Balance
$345,237Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,330
$136,880
2025
$3,080
$133,800
$136,880
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,330
$136,880
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
State Farm Bank Fsb
Conventional
$104,500
No
First
Sep 10, 2013
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$75,012
$247,988
76%
18%
$0/mo
12.4%