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$913,730

NAL Estimated Property Value

1907 Caroline Ave, Cove, TX, 77523

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,236 Sq Ft
price_per_sqft$122.52 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4

Exterior

Lot Size22,651 sqft

Building Information

Garage Spaces3

Land Information

APN38890-00306-00000-002400
Lot Number24
SubdivisionMaley Woods Phase 2
Land UseResidential
Legal DescriptionLT 24 MALEY WOODS PHASE 2
Census Tract710202
Assessed Land Value$39,000
Assessed Improvement Value$874,730
Assessment Year2025

About this property

Discover a unique opportunity with this home, priced over $100,000 below the market assessment according to the Chambers County Appr. District. This custom home is a masterpiece of craftsmanship with exquisite cabinetry and woodwork. Enjoy two full kitchens, spacious bedrooms with ample closets, and a game/media room with a wet bar. The property features a detached garage with a garage apartment, complete with its own kitchen, living area, master bedroom, and bath. Don’t miss this motivated seller's incredible offer!

Investor Tools

Property Icon
$913,730
Estimated Property Value
$476,443Estimated Mortgage Balance
$437,287Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,482 /month
Positive
Cash Flow Estimate:
$1,827 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,673
$913,730
2025
$39,000
$874,730
$913,730
No

Tax History

Year
Tax Paid
Assessed Value
2023
$3,673
$913,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Canopy Mortgage Llc
Va
$490,274
Yes
First
Oct 21, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,443
$437,287
47%
52%
$2,940/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: Cove

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