$4,400,000

405 W 4th St Monahans, TX 79756

Estimated payment $24,181/month

Total Views 1,348
-- Bed
-- Bath
21,454 Sq Ft
$205 Price per Sq Ft

Highlights

  • 1.03 Acre Lot
  • Brick Veneer
  • Central Heating and Cooling System
  • No HOA

About This Home

Two new construction apartment complexes in Monahans,TX! The first offers 10 units: 8 (2BR/1.5BA) & 2 (1BR/1BA). Most furnished, currently used as Corporate Housing. The second (under construction) adds 12 units: 5 (2BR/2BA) & 7 (1BR/1BA). Each features laundry rooms, stylish finishes, all electric, separately metered, and open-concept layouts. Prime investment in the heart Texas. Close proximity to the Delaware Basin, strong growth of the Permain Basin, and timeless Texas charm comes together!

Listing Agent

Kit Prichard

The Prichard Group Brokerage Email: 4329786973, heather@prichardgroup.com License #0688613 Listed on: 04/23/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025

Parking

  • Paved Parking

Home Design

  • 21,454 Sq Ft Home
  • Duplex
  • Brick Veneer
  • Slab Foundation
  • Composition Roof
  • Stucco

Schools

  • Monahans Elementary And Middle School
  • Monahans High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Free-Standing Electric Range
  • 1.03 Acre Lot

Community Details

  • No Home Owners Association
  • Hudler Subdivision

Listing and Financial Details

  • Assessor Parcel Number 666227

Property Details

Home Type

Multi-Family

Year Built

Built in 2025

Lot Details

1.03 Acres

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.03
  • Lot Size Sq Ft: 44866.8
  • Road Surface Type: Paved
  • Subdivision Name: Hudler
  • Directions: 22 UNITS TOTAL. 10 unit property is located at the intersection of S Carol Ave and W 4th St. The 12 unit property is located at the intersection of N Doris Ave and N Main Ave (Hwy 18).
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Appliances: Free-Standing Electric Range, Refrigerator, Individual Water Heaters
  • Living Area: 21454

Exterior Features

  • Home Warranty: No
  • Construction Type: Brick Veneer, Stucco
  • Foundation Details: Slab
  • Roof: Composition

Garage/Parking

  • Open Parking: No
  • Parking Features: Paved

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • HOA Rent Includes: Water
  • Association: No

Schools

  • Elementary School: Monahans
  • Junior High Dist: Monahans-Wickett-Pyote
  • High School: Monahans
  • Middle Or Junior School: Monahans

Lot Info

  • Parcel #: 666227

Rental Info

  • Lease Term: Other - See Remarks

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,304 $407,690 $4,960 $402,730
2024 $102 $4,960 $4,960 $0
2023 $98 $4,960 $4,960 $0
2022 $88 $4,270 $4,270 $0
2021 $96 $4,270 $4,270 $0
2020 $106 $4,270 $4,270 $0
2019 $987 $4,270 $4,270 $0
2018 $96 $4,270 $4,270 $0
2017 $96 $4,270 $4,270 $0
2015 -- $4,660 $4,270 $390
2014 -- $4,660 $4,270 $390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2026 04/23/26 For Sale $4,400,000 0.0% $205 / Sq Ft
06/01/2025 06/01/25 Rented $1,600 -5.9% --
03/24/2025 03/24/25 For Rent $1,700 -- --
Source: Odessa Board of REALTORS®

Source: Odessa Board of REALTORS®

MLS Number: 174109

APN: 0666227

Texas Ward County Monahans 79756

405 W 4th St, Monahans, TX

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Listing Agent
Kit Prichard
The Prichard Group
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