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$1,028,790

NAL Estimated Property Value

752 Hcr 1414, Covington, TX, 76636

Off MarketInfo
Baths0 Bath
Baths4,221 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 2023

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10.20 acres

Building Information

Year Built2023

Land Information

APN393215
Land UseAgriculture / Farming
Legal DescriptionR REED A-757 TR 27C 10.20 AC
Census Tract960200
Assessed Land Value$202,980
Assessed Improvement Value$825,810
Assessment Year2025

About this property

Beautiful 10.2 acres located just south of Hwy 67 west of Covington. Aside from the breathtaking beauty, this property offers so much to the new owner. Rolling terrain, scattered oak trees, two ponds, a terrific chicken coop and fenced-in garden area, just to name a few. Electricity and water are on-site, and an existing pad site exists ready to be built on. A gravel pad site with an RV hook-up, is also in place. With the many improvements already in place, the new owner can put their focus into the home and enjoy their new homestead. Deer and wildlife frequently pass through the property as well, adding to the beauty and tranquility of the property. Come check it out. You will not be disappointed!

Investor Tools

Property Icon
$1,028,790
Estimated Property Value
$721,705Estimated Mortgage Balance
$307,085Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,173 /month
Positive
Cash Flow Estimate:
$2,058 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$856/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,127
$1,028,790
2025
$202,980
$825,810
$1,028,790
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,127
$1,028,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Agtexas Farm Credit Services
Open End Mortgage / Open End With Future Advance Clause
$114,400
No
First
Oct 22, 2021
Nov 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$721,705
$307,085
29%
70%
$4,460/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.

Explore Texas Explore This Area
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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752 Hcr 1414 | Property Details | No Agent List