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$350,000

NAL Estimated Property Value

5334 Teal Way, Cove, TX, 77523

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,481 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.76 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Electric Range
FlooringTile, Wood

Exterior

Lot Size17,163 sqft

Building Information

Garage Spaces2

Land Information

APN60310-00306-00000-003800
Lot Number38
SubdivisionVeranda S/D
Land UseResidential
Legal DescriptionLT 38 VERANDA S/D SEC 2
Census Tract710202
Assessed Land Value$19,110
Assessed Improvement Value$324,750
Assessment Year2025

About this property

This custom built home is a must see located in Barbers Hill ISD! Seated in the back of the quiet neighborhood of Veranda, you're sure to enjoy the privacy of this 3 bedroom, 2 bath, home in a cul-de-sac, with no back neighbors on Cotton Bayou. Front and back porches are both perfect for entertaining, as well as, the open concept living area overlooking the beautiful wooden lot. Bonus room above the attached garage is perfect for a media room and the 7 leather recliners will be staying. This home also offers a water softener system, reverse osmosis system, new stainless steel appliances, and a hot tub, that will all convey with the property. Home has never flooded!! Call to schedule you showing today! Pictures coming soon!

Investor Tools

Property Icon
$350,000
Estimated Property Value
$161,415Estimated Mortgage Balance
$188,585Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,051
$343,860
2025
$19,110
$324,750
$343,860
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,051
$343,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$180,950
No
First
Oct 5, 2020
Nov 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$161,415
$182,445
53%
46%
$1,085/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.

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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: Cove

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5334 Teal Way | Property Details | No Agent List