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$307,000

NAL Estimated Property Value

11221 State Highway 171, Covington, TX, 76636

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,643 Sq Ft
price_per_sqft$179.55 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size21,562 sqft

Building Information

Year Built1970
Garage Spaces2

Land Information

APN124059
SubdivisionL Reynolds A-
Land UseResidential
Legal DescriptionL REYNOLDS A-752 TR 2 0.495 AC
Census Tract960100
Assessed Land Value$14,360
Assessed Improvement Value$237,260
Assessment Year2025

About this property

Immaculate, updated home nestled between towering pines on almost half an acre in the country. Large covered front porch invites you inside where you will find a well maintained home with attractive layout and many upgrades. Imagine holiday gatherings in the open living area with vaulted ceilings with cedar wrapped beams. The stone hearth and pellet stove adds ambience and warmth during the cold season, an appealing charm for the holidays. Kitchen has abundant storage and counter work space, and the bar provides extra seating. All the bedrooms have adequate closets and the windows facing the front are arched. Master suite has tray ceiling, decorative shelving, and a large walk in shower with custom tile work and 5 shower heads. The attached garage is oversized for storage if needed. The peaceful backyard has a fire ring and gorgeous pasture views and property is fenced on 3 sides. 10x20 shed has overhead storage. This home was renovated in 2019, including new plumbing and electrical.

Investor Tools

Property Icon
$307,000
Estimated Property Value
$0Estimated Mortgage Balance
$307,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,498
$251,620
2025
$14,360
$237,260
$251,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,498
$251,620

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$307,000
100%
0%
$0/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.

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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11221 State Highway 171 | Property Details | No Agent List