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$296,850

NAL Estimated Property Value

873 Covent Dr, Kyle, TX, 78640

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,610 Sq Ft
price_per_sqft$173.85 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Free Standing Range, Free Standing Refrigerator, Disposal, Microwave, Stainless Steel Appliances
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNo Exterior Steps, Playground, Private Yard, See Remarks
Lot Size8,276 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR153745
Lot Number36
SubdivisionKensington Trails Sec 5d
Land UseResidential
Legal DescriptionKENSINGTON TRAILS SEC 5D, BLOCK W, LOT 36, ACRES 0.19 TAX CODES:PCC,RSP,SHA,WPC,ACCD,EHA
Census Tract010916
Assessed Land Value$70,800
Assessed Improvement Value$226,050
Assessment Year2025

About this property

WHY RENT WHEN YOU CAN OWN? This is a great opportunity for buyers to jump into the housing market. A classic brick 3 bedroom/2 bathroom home with a lovely open floor plan, this home offers lots of options in the dining/living/kitchen space. Add a dedicated office area, a separate play area, a formal dining space, and the living area can definitely accommodate a large lounging couch and huge screen TV for sports or movie nights. The kitchen has good counter space and plenty of room for a large dining table, and it overlooks a patio and charming gazebo area. The back door provides easy access to the back patio for grilling or outdoor dining and entertaining. A nice pool, covered picnic area and playscape park is a short walk away, and the neighbors are terrific. Additionally the owners of the house installed solar panels to keep the electricity costs low. Seton Hospital is nearby, and this neighborhood is accessible to both Austin and San Marcos, TX State and ACC. Coming soon is the Kensington Lake Nature Park, currently in the planning stages, with natural habitat preservation areas and walking trails. Comfortable, convenient and affordable living is hard to find. There are numerous low cost financing options available in the area, and mortgage rates have improved. Start building your own equity today!

Investor Tools

Property Icon
$296,850
Estimated Property Value
$259,250Estimated Mortgage Balance
$37,600Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,781 /month
Positive
Cash Flow Estimate:
$594 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,441
$296,850
2025
$70,800
$226,050
$296,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,441
$296,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Va
$260,000
Yes
First
Feb 27, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,250
$37,600
12%
87%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,270/mo
$1,859/mo
+$411/mo
9.2%

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: Kyle

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873 Covent Dr | Property Details | No Agent List