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405 W 4th St, Monahans, TX, 79756
New Apartment Complexes in Monahans

405 W 4th St Monahans, TX 79756

For Sale
$4,400,000

MULTI_FAMILY - Monahans, TX

Property Size21,454 SF
Lot Size1.03 Acres
Price / SF$205.09
Days on Market25

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
Listing Agency: The Prichard Group
Listed By: Heather Prichard · License #0486680
Added: Jun 30 Changed: Jul 10 Last Checked: Jul 24 at 6:06AM
MLS# 174109

Copyright © 2026 Odessa Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

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.

Key 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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Dental Office Law Firm Parking Lot & Garage Skin Care Clinic HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
More about this property
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