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$85,100

NAL Estimated Property Value

2008 Fm 67, Covington, TX, 76636

$110,630 ARVInfo
Off MarketInfo
CommercialInfo
Baths1 Bath
Baths1,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$51.71 / sqft
Year BuiltBuilt in 1972

Highlights

Interior

Bathrooms 1Bathrooms 1
AppliancesNone
FlooringConcrete

Exterior

Lot Size1.33 acres

Land Information

APN448251
Land UseCommercial
Legal DescriptionJ MCCARTER A-555 TR 37 1.328 AC
Census Tract960200
Assessed Land Value$38,510
Assessed Improvement Value$46,590
Assessment Year2025

About this property

So many possibilities, this Metal 27x48 Shop. This could be a car lot, great for a business, or make into partial living quarters with your business sits on 1.25 acres of land. two room office The possibilities are endless. Great visibility on FM Road. sell will provide a survey to determine correct boundary lines Do not miss out on this great opportunity!!

Investor Tools

Property Icon
$85,100
Estimated Property Value
$13,051Estimated Mortgage Balance
$72,049Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$110,630
Rent-to-Value Ratio: 0.72%
Rent Estimate
$511 /month
Positive
Cash Flow Estimate:
$170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$507
$85,100
2025
$38,510
$46,590
$85,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$507
$85,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brent Wickliffe Etux
Purchase Money Mortgage
$15,000
No
First
Oct 21, 2019
Oct 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$13,051
$72,049
84%
15%
$90/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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2008 Fm 67 | Property Details | No Agent List