$349,000
5835 Plantation Drive, Cove, TX, 77523
On Market
Just Added
Property Lead Type:
BankruptcyPre-ForeclosureMust-SellAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringWood
Exterior
Exterior FeaturesSprinkler System
Lot Size30,013 sqft
Building Information
Garage Spaces2
Land Information
APN47310-00306-00000-004500
Lot Number45
SubdivisionPlantation On Cotton Bayou The
Land UseResidential
Legal DescriptionLT 45 SEC 2 PLANTATION ON COTTON BAYOU THE
Census Tract710202
Assessed Land Value$17,910
Assessed Improvement Value$389,010
Assessment Year2026
About this property
Welcome to the most affordable house in the desirable Plantation Bayou neighborhood sitting on a 0.68-acre lot. This newly-renovated home includes all appliances, fresh paint throughout the entire house, genuine hardwood floors with a new stain, refinished cabinets and so much more! Price is well below market for a quick sale from a motivated seller.
Investor Tools
$257,321Estimated Mortgage Balance
$149,599Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$322/month
$225/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,831
$406,920
2026
$17,910
$389,010
$406,920
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,831
$406,920
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Boomerang Acceptance Llc
Commercial
$259,200
No
First
May 15, 2026
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,321
$149,599
36%
63%
$1,555/mo
