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$231,000

NAL Estimated Property Value

5518 Barron Road, Cove, TX, 77523

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,392 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.05 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size7,231 sqft

Building Information

Garage Spaces2

Land Information

APN35220-00306-00700-001500
Lot Number15
SubdivisionJosephs Cove
Land UseResidential
Legal DescriptionLOT 15 BK 7 JOSEPHS COVE SEC 3
Census Tract710202
Assessed Land Value$27,900
Assessed Improvement Value$198,250
Assessment Year2025

About this property

This property is zoned to the nationally recognized Barbers Hill Independent School District. In this home you'll find a large family room open to the kitchen and dining room, and a split floorplan with the master bedroom opposite the secondary bedrooms. This home is a short walk away from the neighborhood park with playground.

Investor Tools

Property Icon
$231,000
Estimated Property Value
$158,097Estimated Mortgage Balance
$72,903Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
$382/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,088
$226,150
2025
$27,900
$198,250
$226,150
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,088
$226,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$172,800
No
First
Dec 17, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,097
$72,903
31%
68%
$1,037/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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5518 Barron Road | Property Details | No Agent List