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    Horse Property with Lighted Arena
    Updated: Aug 23
    Horse Property with Lighted Arena

    246 Hcr 1450 N, Covington, TX 76636

    $675,000
    1,500 sqft
    14 acres with 6‑stall barn and established equine improvements
    150' x 220' lighted arena for riding, training, and events
    Two approximately ½‑acre turnouts plus an 8‑acre back pasture
    Five RV pads with electricity, water, and separate septic system
    Approximately 1,500‑SF, 3‑bed, 2‑bath farmhouse built in 2021
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Covington, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Ranch Estate with Workshop
    Ranch Estate with Workshop

    7490 County Road 423, Grandview, TX 76050

    $2,500,000
    4,001 sqft

    Custom 2019 residence combines refined interiors, extensive ranch improvements, and resort-style outdoor amenities on more than 40 acres.

    View details
    Fenced Ranch Acreage
    Fenced Ranch Acreage

    10517 County Road 418, Grandview, TX 76050

    $1,768,800
    132.00 AC lot

    Mostly level rural acreage with pasture, multiple water features, and agricultural use potential.

    View details
    Corner Lot for Residential Development
    Corner Lot for Residential Development

    Hcr-4307 Hill County Road 4307, Itasca, TX 76055

    $625,000

    Corner lot with open pasture and rolling hill views in a peaceful rural setting, with distant I-35 visibility.

    View details
    Farms and Ranches for Sale
    Farms and Ranches for Sale

    Fm 934 Fm-934, Itasca, TX 76055

    $9,991,000

    Farms and ranches available for purchase.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    273 Acres of Farmland
    273 Acres of Farmland

    0000 County Road 4114 S, Covington, TX 76636

    $1,856,400
    273.00 AC lot

    273 acres of farmland for farming, ranching, or development.

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    Open-Field Agricultural Land
    Open-Field Agricultural Land

    Hcr 4114 N, Covington, TX 76636

    $1,856,400
    273.00 AC lot

    Expansive farmland with broad open areas in a countryside setting near Covington.

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    Secluded Land with Private Pond
    Secluded Land with Private Pond

    Private Road 415 lot: 9, Covington, TX 76636

    $245,023
    10.00 AC lot

    10+ acre lot with pond in Hideaway Retreat.

    View details
    Unrestricted Agricultural Land
    Unrestricted Agricultural Land

    HCR 4123, Itasca, TX 76055

    $200,000
    10.00 AC lot

    Open rural acreage suited to grazing, farming, recreation, or establishing a homesite.

    View details

    Covington, TX Ranches Market Trends and Statistics

    Explore 1 ranches for sale in Covington, TX on our real estate platform. These investment opportunities span a total of 1,500 square feet of properties for sale, with an estimated market value of $675,000.

    Sale prices for ranch lands in Covington, TX average $675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Horse & equestrian properties 1
    Ranches 1

    Demographics Overview

    Population 1,678
    Population Growth (5Y) +19.5%
    Median Household Income $68,750
    College Educated 14.3%

    High-Yield Neighborhoods for Investment

    Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    76636 $675K

    Taxes & Financing

    Tax Rate (average for all types) 0.41%
    Property Tax per SF $15.58 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hill County

    New Delisted

    Total CRE Inventory on Market (SF)

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