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$280,000

NAL Estimated Property Value

708 S Eric Ave, Monahans, TX, 79756

$280,766 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,892 Sq Ft
price_per_sqft$147.94 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Water Heater, Dryer Electric, Electric Range
FlooringVinyl, Tile

Exterior

Lot Size9,801 sqft

Land Information

APN7096
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 BLK 4 M D CO #4
Census Tract950200
Assessed Land Value$4,410
Assessed Improvement Value$164,000
Assessment Year2025

About this property

Beautifully remodeled home on a corner lot ready for new owners! New kitchen and bathroom with stunning finishes. 3 bedrooms, 2 full bathrooms, large laundry area plus an office space! Huge living room with cozy electric fireplace. Fenced in yard and large carport. Call your favorite realtor for a showing today!

Investor Tools

Property Icon
$280,000
Estimated Property Value
$259,493Estimated Mortgage Balance
$20,894Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$280,765
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$830
$40,750
2025
$4,410
$164,000
$168,410
No

Tax History

Year
Tax Paid
Assessed Value
2025
$830
$40,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$262,163
Yes
First
Sep 26, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,493
$9,507
3%
93%
$1,572/mo

City: Monahans

708 S Eric Ave | Property Details | No Agent List