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$780,000

9964 State Highway 171, Covington, TX, 76636

On MarketInfo
Beds3 Beds
Baths1,314 Sq Ft
FarmFarm
price_per_sqft$593.61 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 3Bedrooms 3
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet

Exterior

Exterior FeaturesStorage
Lot Size1 acre

Building Information

Year Built1998

Land Information

APN118475
SubdivisionE Melton A-
Land UseResidential
Legal DescriptionE MELTON A-554 TR 40A 1.00 AC
Census Tract960100
Assessed Land Value$12,500
Assessed Improvement Value$156,510
Assessment Year2025

About this property

Welcome home to 9964 State Highway 171 in Covington, TX—an exceptional opportunity to own 53.920 acres of productive agricultural land with endless potential. Currently used for corn production, this property offers approximately 400 feet of road frontage along Hwy 171, combining accessibility with peaceful rural living. The 3-bedroom, 2-bath brick home (1,314 sq ft) features a functional and inviting layout. Enjoy your mornings on the east-facing back porch, perfectly positioned for stunning sunrises. Inside, a bonus sunroom with a cozy wood-burning stove creates the ideal space to relax and unwind. Recent updates include a new HVAC system (2023) and water heater (2024), providing added comfort and peace of mind. Outdoors, the property is fully equipped for both work and recreation. You’ll find three large- detached storage buildings (one with electricity), a two-vehicle carport, a storm shelter, and a seasonal creek behind the home with the potential to be expanded into a pond. There is ample space for equipment, livestock, and a variety of agricultural or recreational uses. Whether you’re searching for a working farm, investment opportunity, or a private country retreat, this property truly checks all the boxes. Come experience the possibilities and make this producing farm your own.

Investor Tools

$74,299Estimated Mortgage Balance
$732,701Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,842 /month
Positive
Cash Flow Estimate:
$1,614 /month

Interested in this property?

Amber Hill

EG Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,006
$169,010
2025
$12,500
$156,510
$169,010
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,006
$169,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usda
Usda
$110,250
Yes
First
Jan 8, 2015
Jan 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,299
$732,701
90%
9%
$381/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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9964 State Highway 171 | Property Details | No Agent List