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$551,870

NAL Estimated Property Value

1006 Hcr 1429, Covington, TX, 76636

$717,431 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.33 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Refrigerator
FlooringWood

Exterior

Lot Size5.45 acres

Building Information

Year Built1900

Land Information

APN449064
Land UseResidential
Legal DescriptionJ MCCARTER A-555 TR 74G 5.446 AC
Census Tract960100
Assessed Land Value$135,470
Assessed Improvement Value$416,400
Assessment Year2025

About this property

Come and see this beautiful 1880's farmhouse, completely remodeled with 3 bedrooms, 2 bathrooms. Rooms are large and spacious with 11 ft. ceilings throughout. Entire house has been redone with new drywall, flooring, roof, insulation, plumbing, lighting, fixtures, water heater, and brand new Whirlpool appliances. Relax in your Master bedroom retreat with gorgeous master bath. Enjoy the summer breeze on 2 large porches on 5.5 acres of land with tank pond. A mile from Covington. Don't miss out on this beauty!!

Investor Tools

Property Icon
$551,870
Estimated Property Value
$200,520Estimated Mortgage Balance
$351,350Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$717,431
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,311 /month
Positive
Cash Flow Estimate:
$1,104 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,785
$551,870
2025
$135,470
$416,400
$551,870
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,785
$551,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Va
$220,000
Yes
First
Sep 15, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,520
$351,350
63%
36%
$1,320/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Covington

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1006 Hcr 1429 | Property Details | No Agent List