Last 24 Hours
$88,000
NAL Estimated Property Value514 W 6th St, Monahans, TX, 79756
$114,400 ARV
Off Market
3 Beds
2 Bath
1,580 Sq Ft
$56.33 / sqft
Built in 1956Property Lead Type:
ARV FlipAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms Half 2AppliancesGas Water Heater, None, Dryer, Water Heater
FlooringHardwood
Exterior
Lot Size6,499 sqft
Land Information
APN5832
Lot Number7,8
Land UseResidential
Legal DescriptionLOT 7 & 8 BLOCK 2 GIBSON
Census Tract950300
Assessed Land Value$1,820
Assessed Improvement Value$33,440
Assessment Year2025
About this property
3 bedroom 2 bath home in 1580 sqft. Has central air & hardwood floors. Could use TLC but currently occupied. Large yard with 1400 sqft building (was a day-care) in back that could be converted into a man-cave or mother in law suite. Lots of potential and priced to sell.
Investor Tools
$88,000
Estimated Property Value
$25,297Estimated Mortgage Balance
$62,843Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$114,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$534 /month
Positive
Cash Flow Estimate:
$178 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$63/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$318
$35,260
2025
$1,820
$33,440
$35,260
No
Tax History
Year
Tax Paid
Assessed Value
2022
$318
$35,260
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Foundation Mortgage Corp
Unknown
$46,900
No
First
Feb 8, 2008
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$25,297
$62,703
71%
29%
$0/mo
12.4%