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$412,000

NAL Estimated Property Value

982 Hcr 1414, Covington, TX, 76636

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,280 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$281.25 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Exterior

Lot Size1.29 acres

Building Information

Year Built2021
Garage Spaces3

Land Information

APN449669
Land UseResidential
Legal DescriptionR REED A-757 TR 25E 1.291 AC
Census Tract960200
Assessed Land Value$37,440
Assessed Improvement Value$242,430
Assessment Year2025

About this property

Embrace Your Dream Lifestyle! This meticulously crafted residence, set on 1.226 acres, epitomizes the pinnacle of modern comfort intertwined with timeless sophistication and smart home efficiencies. Entertain effortlessly in the open living space, while the gourmet kitchen serves as the heart of social gatherings. Transform the upstairs loft into a guest suite or an inspiring workspace. Immerse yourself in the tranquility of the surrounding acreage from the sweeping wrap around patio, creating an idyllic sanctuary. Full RV Hookup tied into the home water and electric allows for extended stay visitors without disruption. Just a quick jaunt away lies Cleburne H-E-B, medical facilities and recreational activities including Lake Pat Cleburne, ensuring convenience without compromise. Your dream home awaits—book your showing today!

Investor Tools

Property Icon
$412,000
Estimated Property Value
$269,938Estimated Mortgage Balance
$142,062Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,472 /month
Positive
Cash Flow Estimate:
$824 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$311/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,667
$279,870
2025
$37,440
$242,430
$279,870
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,667
$279,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Unknown
$280,000
No
First
May 3, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,938
$142,062
34%
66%
$1,679/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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982 Hcr 1414 | Property Details | No Agent List