Monument Draw is either of two ephemeral streams that rise in New Mexico and flow into Texas. Both take their name from Monument Springs, 3spell=inNaNspell=in west-northwest of Monument, New Mexico. One rises 4spell=inNaNspell=in west of Monument Springs and flows generally south into the Pecos River. The other rises 11miles east of Monument Springs and south of Hobbs, New Mexico, and flows generally east-southeast to join with Seminole Draw to form Mustang Draw, which then flows generally south to then form Beals Creek, which ultimately flows into the Colorado River of Texas.