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$388,000

NAL Estimated Property Value

303 Lovell Avenue, Covington, TX, 76636

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,980 Sq Ft
price_per_sqft$111.06 / sqft
Year BuiltBuilt in 1933

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage
Lot Size11,064 sqft

Building Information

Year Built1933

Land Information

APN124323
SubdivisionCovington Ot
Land UseResidential
Legal DescriptionCOVINGTON OT BLK 21 LT 5A & 6A
Census Tract960100
Assessed Land Value$8,850
Assessed Improvement Value$219,890
Assessment Year2025

About this property

Don't miss out on this charming home!! 3 bedrooms, 2 bathrooms, 2 car attached carport. Enjoy your morning coffee on the wrap around porch. Fenced yard perfect for your kids or pets to play, as well as a storm shelter and storage building. House has many updated and is located near the city park.

Investor Tools

Property Icon
$388,000
Estimated Property Value
$191,416Estimated Mortgage Balance
$196,584Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,364
$228,740
2025
$8,850
$219,890
$228,740
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,364
$228,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$208,050
No
First
Feb 22, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,416
$196,584
50%
49%
$1,248/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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303 Lovell Avenue | Property Details | No Agent List