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$629,000

NAL Estimated Property Value

276 Hcr 4109, Covington, TX, 76636

Off MarketInfo
Baths0 Bath
Baths2,265 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1 acre

Building Information

Year Built1986

Land Information

APN135773
Lot Number17A
SubdivisionCovington Acres Subdivision
Land UseResidential
Legal DescriptionCOVINGTON ACRES BLK B LT 17A 1.00 AC
Census Tract960200
Assessed Land Value$16,000
Assessed Improvement Value$231,230
Assessment Year2025

About this property

Just over 22 acres ready to build your dream home with 683 feet of road frontage! Wonderful location convenient to main roads in a growing, developing country area. The lane entrance has already been installed, and there is fencing and trees along the back of land. Electric available at the front of property. Water well will be needed as the city water line by the road is maxed out. Endless possibilities, and lots of space to fulfill your dreams!

Investor Tools

Property Icon
$629,000
Estimated Property Value
$540,216Estimated Mortgage Balance
$88,784Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,472
$247,230
2025
$16,000
$231,230
$247,230
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,472
$247,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$585,000
No
First
Apr 20, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$540,216
$88,784
14%
86%
$3,508/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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276 Hcr 4109 | Property Details | No Agent List