New Apartment Complexes in Monahans

405 W 4th St, Monahans, TX 79756

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For Sale

$4,400,000

MULTI_FAMILY - Monahans, TX

Property size:

21,454 SF

Lot size:

1.03 Acres

Price / SF:

$205/SF

HighLights

New construction apartment complex in Monahans, TX (2025) with brick veneer and stucco exterior
First complex: 10 units total—8 units are 2BR/1.5BA and 2 units are 1BR/1BA
Second complex (under construction): 12 units total—5 units are 2BR/2BA and 7 units are 1BR/1BA
All‑electric units with central heating and central air, plus individual water heaters
Each unit includes a laundry room, with open‑concept layouts and separately metered utilities
Public utilities available: public water and public sewer; roof is composition

We can help!

Listing Contact

Kit Prichard

For Sale

$4,400,000

MULTI_FAMILY - Monahans, TX

Property size:

21,454 SF

Lot size:

1.03 Acres

Price / SF:

$205/SF

Added:: Apr 23, 2026
Days on Market:: 48
Last Refresh:: Jun 9 at 12:06 am

Property Features for 405 W 4th St

General Information

Property type: Residential Multi Family
Property subtype: Other
Property condition: Under Construction
Appliances: Free-Standing Electric Range, Refrigerator, Individual Water Heaters
Standard status: Active
APN: 666227
Size: 21,454 SF
Lot size: 1.03 Acres

Taxes and HOA fees

Tax Annual Amount: 0

Utilities

Sewer type: Public Sewer
Heating system: Electric (Heating), Central
Cooling system: Central Air
Water source: Public

Building Details

Year built: 2025
Building materials: Brick Veneer, Stucco
Roof type: Composition

We can help!

Listing Contact

Kit Prichard

Listing agent Kit Prichard License #0688613

Listing office The Prichard Group PO BOX 12785, Odessa, TX

Listing date Apr 23, 2026

MLS# 174109 Listing URL

HighLights

New construction apartment complex in Monahans, TX (2025) with brick veneer and stucco exterior
First complex: 10 units total—8 units are 2BR/1.5BA and 2 units are 1BR/1BA
Second complex (under construction): 12 units total—5 units are 2BR/2BA and 7 units are 1BR/1BA
All‑electric units with central heating and central air, plus individual water heaters
Each unit includes a laundry room, with open‑concept layouts and separately metered utilities
Public utilities available: public water and public sewer; roof is composition

Overview

Two apartment complexes are available in Monahans, TX. The first complex features 10 units, including 8 units with 2 bedrooms and 1.5 bathrooms, and 2 units with 1 bedroom and 1 bathroom. Most units are furnished and currently used as corporate housing. The second complex, which is under construction, will add 12 units, including 5 units with 2 bedrooms and 2 bathrooms, and 7 units with 1 bedroom and 1 bathroom. Each complex includes laundry rooms, stylish finishes, all-electric utilities, separate metering, and open-concept layouts. The property is situated on a 1.03-acre lot. The property is located in close proximity to the Delaware Basin, with access to the Permian Basin. The property size is 21454 square feet.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Monahans
County: Ward
State: Texas
Longitude: -102.888311
Latitude: 31.5931854

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For sale
Apartment buildings
TX
Monahans
79756
405 W 4th St

What type of property is this?

Apartment building - Two apartment complexes in Monahans, TX, corporate housing potential.

Where is this apartment building located?

The property is located at 405 W 4th St Monahans, TX.

What is the asking price?

The asking price for this property is $4,400,000.

What are key features of this property?

This property features: New construction apartment complex in Monahans, TX (2025) with brick veneer and stucco exterior; First complex: 10 units total—8 units are 2BR/1.5BA and 2 units are 1BR/1BA; Second complex (under construction): 12 units total—5 units are 2BR/2BA and 7 units are 1BR/1BA

405 W 4th St, Monahans, TX 79756

MULTI_FAMILY - Monahans, TX

Property Features for 405 W 4th St

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey Multi-Location Retail Opportunity

Office Building with Large Parking

Flex Office and Shop on Fenced Lot

Office Building with Renovation Needs

New Townhome Community

Small Office Building

Monahans Commercial Property For Sale

Office and Warehouse with Fuel Station

Specialty Commercial Property

Monahans Gym Facility For Sale

Monahans Industrial Property on Acreage

Monahans Office Building on 6.11 Acres

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