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    4403 S Faye Ave, Unit A-F Monahans, TX 79756

    For Sale
    $400,000

    COMMERCIAL - Monahans, TX

    Property size:
    640 SF
    Lot size:
    1.03 Acres
    Days on Market:
    139
    Last Refresh:
    Dec 6 at 10:06 am

    Property Features for 4403 S Faye Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    707985
    Parking
    6
    Appliances
    Individual AC Units, Individual Heating Units, Central Hot Water
    Size
    640 SF
    Lot size
    1.03 Acres

    Utilities

    Sewer type
    Private Sewer

    Building Details

    Year built
    2017
    Floors in Building
    1
    Building materials
    Metal Construction
    Roof type
    Metal

    The Sales Team Realtors (432) 618-7818

    Listing agent Ricky Warnick (432) 238-3459

    Listing date Jul 21, 2025

    Copyright © 2025 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.

    Overview

    Monahans, TX Investment Property

    This investment property is located in Monahans, TX, near Interstate 20. It features 6 income-producing rental properties situated on a 1.03-acre corner lot. All 6 units are currently leased, generating a potential income of $4500.00 per month. Additionally, there are 8 vacant RV spaces on the property. Each unit includes 2 bedrooms, 2 baths, full bathrooms, kitchens with refrigerators, and washer and dryer connections. The property also features low-maintenance landscaping and offers great ingress and egress. The total property size is 640 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Clothing Store Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Monahans
    County
    Ward
    State
    Texas
    Longitude
    -102.895999
    Latitude
    31.5485363

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    FAQs

    What type of property is this?
    Mobile home & RV park - Income-producing property near Interstate 20 with rental units and RV spaces.
    Where is this mobile home & rv park located?
    The property is located at 4403 S Faye Ave, Unit A-F Monahans, TX.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Income-producing investment property with 6 currently leased units.; - Potential monthly income of $4500 from existing units.; - Additional income potential from 8 vacant RV spaces.
    (432) 238-3459
    Request Owner's contact information
    4403 S Faye Ave, Unit A-F Monahans, TX 79756
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4403 S Faye Ave, Unit A-F Monahans, TX 79756
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