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$374,500

2722 Covington Dr, Garland, TX, 75040

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,694 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.07 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size8,050 sqft

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces2

Land Information

APN26625020030250000
Lot Number25
SubdivisionVillages Of Valley Creek
Land UseResidential
Legal DescriptionVILLAGES OF VALLEY CREEK 3 BLK 3 LOT 25 INT201600050752 DD02232016 CO-DC 6250200302500 1CG62502003
Census Tract018152
Assessed Land Value$60,000
Assessed Improvement Value$294,840
Assessment Year2025

About this property

From the moment you walk in, you will fall in love! This charming and immaculate home is designed to impress! Fresh interior paint throughout and luxury vinyl plank flooring create a warm, updated feel. The formal dining room is enhanced by striking front windows, offering an elegant and versatile space. The spacious main living area features an open-concept design with a corner fireplace, gas logs, and expansive windows overlooking the backyard retreat and hot tub. The breakfast area is filled with natural light and features updated lighting and a charming window seat, perfect for morning coffee. The gourmet kitchen shines with granite countertops, freshly painted cabinetry, undermount sink, SS appliances, new microwave, and a sought-after gas range. A delightful plant ledge above the sink adds character and overlooks the front of the home. The primary suite offers a vaulted ceiling, new brushed-nickel ceiling fan, and peaceful backyard views. The beautifully updated primary bath - 2019 - features quartz countertops, dual sinks, updated lighting, elegant fixtures, a spacious walk-in shower, and a professionally organized walk-in closet. Both secondary bedrooms feature new brushed-nickel ceiling fans, and the updated hall bath is spacious and fresh. Step outside to a generous backyard designed for relaxation and entertaining, complete with a large patio, spa-hot tub, and storage building. Need extra parking? The extended driveway and 8-ft-tall carport provide added flexibility. The garage is equally impressive with new epoxy painted floors, rows of cabinetry on both sides, and abundant workspace. Convenient to shopping and dining, this beautifully refreshed home is ready to welcome its next owner.

Investor Tools

$156,064Estimated Mortgage Balance
$198,776Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,247 /month
Positive
Cash Flow Estimate:
$749 /month

Interested in this property?

Sally Morrow

Keller Williams Central

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
$70/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,428
$354,840
2025
$60,000
$294,840
$354,840
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,428
$354,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$147,000
No
First
Feb 23, 2016
Mar 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,064
$198,776
56%
44%
$1,182/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,252/mo
+$720/mo
6.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Garland

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