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$307,000

NAL Estimated Property Value

2818 Covey Lane, Pearland, TX, 77584

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,920 Sq Ft
price_per_sqft$140.57 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size18,487 sqft

Building Information

Year Built2019
Stories1

Land Information

APN7160-0017-000
Lot Number17
SubdivisionQuail Meadows
Land UseResidential
Legal DescriptionQUAIL MEADOWS (A0242 H T & B R R) LOT 17 MH DESIGNATED AS REAL PROPERTY S# OC051719756A S# OC051719756B HUD# NTA1762855;HUD#2
Census Tract660705
Assessed Land Value$71,050
Assessed Improvement Value$190,930
Assessment Year2025

About this property

Come take a tour of this gorgeous 2019 built 3 bedroom 2 bathroom home. Totals 1920 square feet sitting on raised half of an acre with 19x11 hobby room/guest bedroom and 15x9 storage shed. Enjoy the huge backyard and wood deck, perfect for grilling and enjoying friends and family. You will not want to miss out with newly installed carpet with a large gameroom. This home features a wide open living area and kitchen with Breakfast bar island equipped with sink. Many more features that you will have to see in person. Call today for a personal tour.

Investor Tools

Property Icon
$307,000
Estimated Property Value
$232,242Estimated Mortgage Balance
$74,758Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,468
$261,980
2025
$71,050
$190,930
$261,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,468
$261,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nextmotgage Llc
Fha
$255,290
Yes
First
Aug 16, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,242
$74,758
24%
76%
$1,531/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: Pearland

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2818 Covey Lane | Property Details | No Agent List