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$477,000

NAL Estimated Property Value

10397 State Highway 171, Covington, TX, 76636

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,696 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.35 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2.5Bathrooms 2.5
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size3.00 acres

Building Information

Year Built1999
Garage Spaces4

Land Information

APN351662
SubdivisionHannah Boone Survey A-
Land UseResidential
Legal DescriptionH BOONE A-27 TR 21D 3.001 AC
Census Tract960100
Assessed Land Value$72,020
Assessed Improvement Value$373,580
Assessment Year2025

About this property

Large and beautiful home on 3 acres just outside of Covington. This home features 4 bedrooms, 2.5 baths, 2 car attached garage and large detached garage with room for a game room or man cave with kitchenette all sitting on 3 acres. Interior features include granite in kitchen with island, stainless steel appliances, room for a breakfast table in the kitchen plus a large formal dining area too. Downstairs also has an office, half bath and the living area that leads to the screened in patio. Upstairs features 4 spacious bedrooms, the landing area could be the kids play area or craft area. Very spacious master bedroom has a walk in closet and master bathroom has large soaking tub with shower. Enjoy the outdoors on the screened in patio that over looks the fenced backyard with room to run and play or bring the animals. Detached garage has space for hobbies or storage with 2 garage doors and the attached game room has room for everyone with a heat and air unit!

Investor Tools

Property Icon
$477,000
Estimated Property Value
$325,349Estimated Mortgage Balance
$151,651Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,862 /month
Positive
Cash Flow Estimate:
$954 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,655
$445,600
2025
$72,020
$373,580
$445,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,655
$445,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$351,037
Yes
First
Jun 6, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$325,349
$151,651
31%
68%
$2,105/mo

Learn About the Market: Opportunity in Texas

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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.

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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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10397 State Highway 171 | Property Details | No Agent List