Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$588,000

NAL Estimated Property Value

68 Cove Drive, Mount Vernon, TX, 75457

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,288 Sq Ft
price_per_sqft$384.32 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave
FlooringVinyl, Wood

Building Information

Year Built1996
Garage Spaces2

Land Information

APN02370-00000-00333-000000
Lot Number333
SubdivisionSnug Harbor
Land UseResidential
Legal DescriptionAB 84 D COOTS LT 333 PH 3 SNUG HARBOR STRUCTURAL ELEVATION ; 385.126
Census Tract950101
Assessed Land Value$202,500
Assessed Improvement Value$247,500
Assessment Year2025

About this property

Water, water everywhere...stunning panoramic water views from almost every room. VERY RARE 3 BR, 2.5 BA, 2 car garage, waterfront home on beautiful Lake Cypress Springs for $550,000. The property includes 160' feet of waterfront and a docking pier. Custom built chalet style home with breath-taking views straight up the lake from multiple rooms of the house,both upstairs and down. The living-dining room has a vaulted ceiling with fans, wood burning fireplace and real wood parquet flooring. Open living-dining area with galley style kitchen. Master bedroom and bath and a half down and two bedrooms, one bath and sitting area upstairs. Whether looking for your retirement dream home or weekend retreat, you must see to appreciate. Schedule your private showing today.

Investor Tools

Property Icon
$588,000
Estimated Property Value
$570,898Estimated Mortgage Balance
$17,102Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,528 /month
Positive
Cash Flow Estimate:
$1,176 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$726/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,777
$450,000
2025
$202,500
$247,500
$450,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,777
$450,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$578,500
No
First
Aug 8, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$570,898
$17,102
2%
97%
$3,469/mo

City: Mount Vernon

68 Cove Drive | Property Details | No Agent List