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$125,000

519 N Barron Road, Covington, TX, 76636

On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths840 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size2.00 acres

Land Information

APN124389
Land UseResidential Single Family
Legal DescriptionJ MCCARTER A-555 TR 110 2.001 AC
Census Tract960100
Assessed Land Value$48,020
Assessed Improvement Value$40,680
Assessment Year2025

About this property

Bring your vision and build your dream home on this heavily treed property offering approximately 242 feet of road frontage. With electric and water already on site, this property provides a great head start for future development while still offering the natural beauty and privacy of a wooded setting. Looking for additional possibilities? The city has verbally indicated that the property may have the potential to be subdivided into as many as four individual residential lots, creating an interesting opportunity for a builder, investor, or buyer looking for additional flexibility. Any development is subject to applicable city requirements and formal approval. Buyer and buyer’s agent should independently verify subdivision potential, zoning, utilities, development requirements, and all other information with the appropriate authorities. Whether you envision one private homesite surrounded by trees or want to explore the property’s potential for multiple residential lots, this property offers plenty of possibilities.

Investor Tools

$0Estimated Mortgage Balance
$473,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,838 /month
Positive
Cash Flow Estimate:
$946 /month

Interested in this property?

Jimmy Henderson

Real Texas Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$529
$88,700
2025
$48,020
$40,680
$88,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$529
$88,700

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$473,000
100%
0%
$0/mo

City: Covington

519 N Barron Road | Property Details | No Agent List