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    Property profile & analytics

    Covington, TX 76636

    • Commercial real estate
    • 80.46 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US82-9527404
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details

    Lot size
    80.46 lot acres
    Property type
    Commercial real estate
    APN
    123953
    APU
    123953

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington
    County
    Hill
    State
    Texas
    Longitude
    -97.2582
    Latitude
    32.1601

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $169
    $764,320
    $0.00
    $764,320
    -
    $764,320
    $0.00
    $764,320

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      412 Gathings Ave

      COMMERCIAL (GENERAL) • 5,000 SF
      412 Gathings Ave, Covington, TX 76636-0018
      View Details
    • Value Estimation by Request
      4,300 SF

      404 Gathings Ave

      COMMERCIAL (GENERAL) • 4,300 SF
      404 Gathings Ave, Covington, TX 76636
      View Details
    • Value Estimation
      $495,000
      11,761 SF

      306 Gathings Ave

      COMMERCIAL (GENERAL) • 11,761 SF
      306 Gathings Ave, Covington, TX 76636-4646
      View Details
    • Value Estimation
      $575,000
      14,795 SF

      724 Main

      COMMERCIAL (GENERAL) • 14,795 SF
      724 Main, Covington, TX 76636-4720
      View Details
    • Value Estimation
      $470,000
      18,644 SF

      500 Main

      COMMERCIAL (GENERAL) • 18,644 SF
      500 Main, Covington, TX 76636-4683
      View Details
    • Value Estimation
      $395,000
      1,944 SF

      10621 State Hwy 171

      COMMERCIAL (GENERAL) • 1,944 SF
      10621 State Hwy 171, Covington, TX 76636-4448
      View Details

    Similar Nearby for Sale

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      Secluded Land with Owner Financing

      10+ acre lot with owner financing near Fort Worth.
      0000 Private Road 415, Covington, TX 76636
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      Covington, TX - 6 Acre Land

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      16.325 acre land parcel available in Covington, Texas.
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    • $1,300,000
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      Covington, TX Farm/Ranch with Home

      100+ acre property with brick home and beautiful oak trees.
      470 Hcr 1439, Covington, TX 76636
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    • $79,900
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      Covington Land with Mobile Home Option

      2-acre lot in Covington, TX, mobile homes allowed.
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    • $143,940
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      Land Ready for Development

      2.399 acre lot in Pistol Pete Estates community.
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      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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