Last 24 Hours
$118,000
NAL Estimated Property Value501 N Main, Monahans, TX, 79756
$153,400 ARV
Recently Sold
8/14/26
1 Beds
2 Bath
3,024 Sq Ft
$39.35 / sqft
Built in 1950Property Lead Type:
ARV FlipAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 1
Bathrooms 2AppliancesTankless Water Heater, Gas Range
FlooringCarpet, Tile, Laminate, Other
Exterior
Exterior FeaturesNone
Lot Size11,060 sqft
Land Information
APN675564
Lot Number1-2,16
Land UseResidential
Legal DescriptionLOT 1 & 2 BLK 1 PETERS LOT 16 BLK 30 MONAHANS ORIGINAL TOWN
Census Tract950300
Assessed Land Value$4,980
Assessed Improvement Value$110,270
Assessment Year2025
About this property
3,000 plus sq ft former commercial business that has been modified into a residence for sale. 1 bed/2 bath have been completed, and there's still room for much more renovating projects. Excellent location for bringing back a commercial business!
Investor Tools
$118,000
Estimated Property Value
$0Estimated Mortgage Balance
$118,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$154,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$714 /month
Positive
Cash Flow Estimate:
$238 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,347
$115,250
2025
$4,980
$110,270
$115,250
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,347
$115,250
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$118,000
100%
0%
$0/mo
12.4%