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$359,010

NAL Estimated Property Value

121 Fm 2719, Covington, TX, 76636

Off MarketInfo
Baths0 Bath
Baths676 Sq Ft
Year BuiltBuilt in 2023

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size20.04 acres

Building Information

Year Built2023

Land Information

APN123839
SubdivisionE Melton A-
Land UseAgriculture / Farming
Legal DescriptionE MELTON A-554 TR 13 & 13A 20.044 AC
Census Tract960100
Assessed Land Value$320,700
Assessed Improvement Value$38,310
Assessment Year2025

About this property

Gorgeous piece of land featuring gated entrances at the front and back of the property with access to the county road and 171, beautiful pastures fenced and cross fenced, shop with concrete floors for storage and equipment, barn with 4 stalls for horses or livestock and an additional covered area for rvs or trailers, pole barn, cattle working pens and runs for easy loading, 2 nice sized stocked ponds, a tiny home fully furnished with a carport, fruit and mature pecan trees, and more! This property is a gem and is a great place to spend enjoying the peaceful country lifestyle on the weekends or to build your forever home!

Investor Tools

Property Icon
$359,010
Estimated Property Value
$0Estimated Mortgage Balance
$359,010Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$332
$359,010
2025
$320,700
$38,310
$359,010
No

Tax History

Year
Tax Paid
Assessed Value
2025
$332
$359,010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$359,010
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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