








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 345 N Barron Rd, Covington, TX, 76636 uses $58,013 cash to close to unlock $3,049/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $1,499/mo, and a $857/mo payment keeps the spread at $254/mo. Purchase price stands at $175,000, and rental yield measures 10.28% with $1,499/mo rent. Return on cash invested shows 25.16% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 132.31% and total cumulative return in cash records $76,759. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,499/mo property income covering a $857/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
1 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 |
|---|---|---|
| 2025-06-06 | Listed for sale | $175,000 |
| 2025-02-26 | Sold | N/A |
| 2025-01-03 | Listed for sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-06 | $458.92 | 4.29% | $85,370 | 10.00% |
| 2023-06-06 | $440.03 | 3.65% | $77,609 | 10.00% |
| 2022-06-06 | $424.52 | 1.62% | $70,554 | 10.00% |



Listed by: Jason Cech • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20955194
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.