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$146,000

NAL Estimated Property Value

607 S Franklin Ave, Monahans, TX, 79756

$165,397 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths951 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.11 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size9,100 sqft

Building Information

Year Built2005

Land Information

APN7092
Lot Number7
Land UseResidential
Legal DescriptionLOT 7 BLK 3 M D CO #4
Census Tract950200
Assessed Land Value$4,100
Assessed Improvement Value$32,600
Assessment Year2025

About this property

2 bedroom 1 bath home in 951 sqft. Recently renovated with new tile, new carpet, all new plumbing and electrical, new water heater, new windows and new paint inside and out. Gas line just passed pressure test. Roof is 18 months old. Attached single car garage. Large backyard with nice metal storage building.

Investor Tools

Property Icon
$146,000
Estimated Property Value
$141,662Estimated Mortgage Balance
$4,548Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$165,397
Rent-to-Value Ratio: 0.72%
Rent Estimate
$876 /month
Positive
Cash Flow Estimate:
$292 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$104/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$517
$34,400
2025
$4,100
$32,600
$36,700
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2022
$517
$34,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Professional Mortgage
Va
$142,907
Yes
First
Oct 6, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$141,662
N/A
0%
97%
$857/mo

City: Monahans

607 S Franklin Ave | Property Details | No Agent List