$389,000
NAL Estimated Property Value990 W 23rd St, Monahans, TX, 79756
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesElectric Water Heater, Dryer Electric, Electric Range, Microwave, Dishwasher, Disposal, Refrigerator
FlooringCarpet, Tile
Exterior
Lot Size21,000 sqft
Building Information
Year Built2014
Garage Spaces4
Land Information
APN9020
Land UseResidential
Legal Description1, 2 & 3 TRACT 1 WOOD SUB
Census Tract950100
Assessed Land Value$1,640
Assessed Improvement Value$237,200
Assessment Year2025
About this property
Enjoy this beautiful home just outside of town with a new 30x30 insulated shop! Inside this home is gorgeous and move-in ready! 4 bedrooms, 2 bathrooms and a 2 car attached garage. Fresh paint and new light fixtures throughout the whole home! Enjoy the outdoors from the quiet front porch or the new back patio with concrete and lighting. The backyard is an oasis enclosed with an 8 foot metal fence with concrete footer. The shop boasts 4 1-ton mini splits! This property is ready for new owners!
Investor Tools
$389,000
Estimated Property Value
$712,152Estimated Mortgage Balance
$389,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,834
$51,070
2025
$1,640
$237,200
$238,840
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,834
$51,070
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Stand Alone First / Home Equity First Lien
$358,150
No
First
Dec 2, 2025
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$712,152
N/A
0%
183%
$4,296/mo
