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$184,000

345 N Barron Road, Covington, TX, 76636

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,456 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$137.36 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Electric Oven, Electric Range

Exterior

Lot Size1 acre

Building Information

Year Built1997

Land Information

APN148985
SubdivisionJ Mccarter A-
Land UseResidential
Legal DescriptionJ MCCARTER A-555 TR 106B 1.00 AC
Census Tract960100
Assessed Land Value$29,000
Assessed Improvement Value$80,710
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath home, perfect for a handyman looking for a special project. While it needs some TLC, the house boasts great structure and solid bones. The property sits on a spacious one-acre lot and includes a tool shed in the back, offering extra storage or workspace. Located right across from Covington Elementary School, it’s a fantastic spot for families. With some updates, this home could become a real gem, full of potential and ready for its next chapter.

Investor Tools

Property Icon
$184,000
Estimated Property Value
$0Estimated Mortgage Balance
$8,614Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$558
$109,710
2025
$29,000
$80,710
$109,710
No

Tax History

Year
Tax Paid
Assessed Value
2025
$558
$109,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$177,721
Yes
First
Jul 29, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,386
$8,614
4%
95%
$1,066/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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345 N Barron Road | Property Details | No Agent List