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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Covington at 254 Hcr 1450 N, Covington, TX, 76636 listed at $980,000 pairs $2,514/mo rent with a $4,797/mo payment. Total monthly income runs $2,514/mo. Return on cash invested measures 3.48% in year one, and rental yield registers 3.08% at a $980,000 basis. Equity gained on principal adds $6,324/yr, and annual property appreciation at 5% supports $270,756 by year five. Five-year ROI tracks 15.91% and total cumulative return in cash totals $51,312. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,514/mo property income relative to a $4,797/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76636, Covington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 526 (74.2%) |
| Renter Occupied HU | 89 (12.6%) |
| Vacant Housing Units | 94 (13.3%) |
| Median Home Value | $264,130 |
| Average Home Value | $354,254 |
Residential
538
Single Family
538
Multi-Family
0
Businesses
40
Date | Event | Price |
|---|---|---|
| 2024-10-17 | Listed for sale | $980,000 |
| 2024-09-30 | Listing removed | $350,000 |
| 2024-08-08 | Listed for sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $239,740 | 4.75% |
| 2023-12-27 | $1301.71 | N/A | $228,870 | N/A |
Listed by: Robin Vesmirovsky • Top Guns Realty on Lake Conroe
Mls Name: HAR
Mls Provider:
Mls ID: #42559397
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