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Days159Days on Market
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$475,000

991 Kovar Rd Unit D, Flatonia, TX, 78941

On MarketInfo
Baths0 Bath
Baths1,752 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms Half 2Bathrooms Half 2
CoolingCooling

Exterior

Lot Size9.97 acres

Building Information

Roof Type112

Land Information

APNR8704443
SubdivisionGraham, Andrew
Land UseResidential
Legal DescriptionABS A34 GRAHAM, ANDREW,9.972 ACRES
Census Tract950601
Assessed Land Value$265,964
Assessed Improvement Value$154,036
Assessment Year2025

About this property

10 ACRES | DUPLEX | ENDLESS POTENTIAL This charming duplex sits on 10 fully usable acres, offering a rare blend of privacy, flexibility, and opportunity. Whether you’re searching for a peaceful country retreat, a multi-generational living setup, or an income-producing investment, this property checks every box. ?? Live in one unit and rent the other ?? Ideal for extended family, guests, or short-/long-term rental potential ?? Expansive acreage perfect for livestock, gardening, future expansion, or simply enjoying wide-open Texas skies Tucked away in a quiet, serene setting while still offering convenient access to town, schools, and major roadways — this is country living without sacrificing convenience. Opportunities like this don’t come around often. Schedule your showing today and explore the possibilities.

Investor Tools

$227,623Estimated Mortgage Balance
$243,138Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

April Villarreal

Coldwell Banker Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$420,000
2025
$265,964
$154,036
$420,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$420,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Floribella Parez
Commercial
$238,443
No
First
Oct 4, 2023
Oct 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,623
$242,377
51%
48%
$1,430/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: Flatonia

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991 Kovar Rd Unit D | Property Details | No Agent List