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$479,000

1181 Hcr 1414, Covington, TX, 76636

Off MarketInfo
Baths0 Bath
Baths1,824 Sq Ft
RanchRanch
Year BuiltBuilt in 2015

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5 acres

Building Information

Year Built2015

Land Information

APN393187
Lot Number2
Land UseResidential
Legal DescriptionF C BURT A-28 TR 11B LT 2 5.00 AC
Census Tract960200
Assessed Land Value$99,500
Assessed Improvement Value$249,450
Assessment Year2025

About this property

Bring your offers in time for hunting season! Escape the city and enjoy the stars! Nestled off HWY 171 just south of Covington, this 65-acre ranch offers a perfect retreat for those craving a blend of natural beauty and comfort. With two serene ponds gracing the landscape and well-maintained gravel roads throughout the property, convenience meets tranquility at every turn. Hunting enthusiasts will revel in the abundance of wildlife, where deer, hogs, and turkey can be viewed from what is currently an unfinished barndominium. This ranch is a prime destination for outdoor adventure. Property also currently has 3 Phase power in place providing endless opportunity for future development.

Investor Tools

Property Icon
$479,000
Estimated Property Value
$236,000Estimated Mortgage Balance
$280,929Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,547
$348,950
2025
$99,500
$249,450
$348,950
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,547
$348,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$236,000
No
First
Jun 25, 2018
Jul 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,071
$280,929
58%
41%
$1,415/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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1181 Hcr 1414 | Property Details | No Agent List