Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
A
NoAgentList RatingHow are grades calculated?Info
Days4Days on Market
Views4view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$350,000

254 Hcr 1450 N, Covington, TX, 76636

$455,000 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,712 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.44 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan, Water Softener
FlooringConcrete

Exterior

Exterior FeaturesRain Gutters
Lot Size1 acre

Building Information

Year Built2022

Land Information

APN451820
Lot Number1
Land UseResidential
Legal DescriptionH BOONE A-27 TR 45A LT 1 1.00 AC
Census Tract960100
Assessed Land Value$29,000
Assessed Improvement Value$209,330
Assessment Year2025

About this property

Modern Farmhouse Living on a Full Acre! Tucked along a quiet county road with open pasture views, this 2022-built modern farmhouse offers the space, privacy, and fresh feel you've been looking for, without sacrificing modern convenience. Set on a full acre, the 3-bedroom, 2-bath home features 1,712 square feet of thoughtfully designed living space with an open-concept layout that brings the kitchen and living areas together for effortless everyday living and easy entertaining. Three spacious bedrooms and an additional flex space that could serve as a fourth bedroom offer flexibility for family, guests, a home office, or whatever life requires. The covered carport connects directly to the mudroom, creating a practical drop zone for groceries, gear, shoes, and busy mornings. Outside, the possibilities are wide open. With a full acre of land and pasture views in every direction, there's room for a garden, play area, outdoor entertaining, or simply enjoying the quiet. At night, step outside and take in the star-filled Texas sky, something that's increasingly hard to find close to town. A water softener and filtration system add an extra layer of comfort and convenience. If you've been dreaming of more space, more privacy, and a slower pace of life while still enjoying the benefits of a newer home, this one deserves a look. This one won't last long, schedule your private showing today! Neighboring property is available (MLS# 21364875 buy one or buy both for multigenerational living!

Investor Tools

$400,534Estimated Mortgage Balance
$116,466Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$455,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,102 /month
Positive
Cash Flow Estimate:
$1,034 /month

Interested in this property?

Easton Jay

Elite Real Estate Texas

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,419
$238,330
2025
$29,000
$209,330
$238,330
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,419
$238,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Central Tx
Unknown
$173,250
No
First
Jul 22, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,534
$116,466
22%
77%
$2,501/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

254 Hcr 1450 N | Property Details | No Agent List