$387,792
NAL Estimated Property Value118 Covington Ct, Tomball, TX, 77375
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringWood
Exterior
Lot Size5,998 sqft
Building Information
Year Built2019
Garage Spaces2
Land Information
APN1395710010012
Lot Number12
Land UseResidential
Legal DescriptionLT 12 BLK 1 COPPER COVE SEC 1 R/P
Census Tract555404
Assessed Land Value$58,200
Assessed Improvement Value$329,592
Assessment Year2025
About this property
!!New Construction Inside the Township of Tomball!! *NO MUD TAX* - Beautiful two story home 4 Bedrooms, 2.5 Baths, Great Room, Dining Area, Dining room, Office and Loft. Designer selections include brick with stone accents for exterior, Gourmet Kitchen with Maple cabinets, undermount cabinet lighting, granite counter tops in kitchen, Modern square wood spindles, great room corner gas log fireplace(includes clicker), private home office down stairs, tile flooring throughout first floor.
Investor Tools
$387,792
Estimated Property Value
$238,929Estimated Mortgage Balance
$148,863Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,327 /month
Positive
Cash Flow Estimate:
$776 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$621/month
$625/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,513
$387,792
2025
$58,200
$329,592
$387,792
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,513
$387,792
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
K Hovnanian American Mortgage Llc
Fha
$269,484
Yes
First
Jul 29, 2020
Aug 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$238,929
$148,863
38%
62%
$1,616/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$2,241/mo
+$229/mo
7.6%
