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$248,560

4915 Old Hovey, Converse, TX, 78109

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,524 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesDryer, Refrigerator, Range, Cooktop, Washer
FlooringCarpet, Linoleum

Exterior

Lot Size5,403 sqft

Building Information

Year Built2023
Roof Type109
Garage Spaces2

Land Information

APN18551-009-0570
Lot Number57
SubdivisionKnox Ridge
Land UseResidential
Legal DescriptionCB 5089F (KNOX RIDGE PH 1 UT-3), BLOCK 9 LOT 57 2022 NEW PER PLAT 20002/1022-1023 FILED 8/20/21
Census Tract131606
Assessed Land Value$44,520
Assessed Improvement Value$204,040
Assessment Year2025

About this property

Welcome home to this charming one-story rental in the desirable Knox Ridge community! Offering approximately 1,500 square feet of comfortable living space, this 3-bedroom, 2-bath home features a bright, open floor plan designed for everyday living. The spacious living room flows seamlessly into the eat-in kitchen, creating the perfect space for relaxing or entertaining. The kitchen offers ample cabinet and countertop space, making meal prep a breeze. The private primary suite includes an en-suite bath, while two additional bedrooms provide flexibility for family, guests, or a home office. A two-car garage offers plenty of storage and convenience. Conveniently located near shopping, dining, schools, and major highways, this move-in-ready home combines comfort, functionality, and an excellent location.

Investor Tools

Property Icon
$248,560
Estimated Property Value
$279,360Estimated Mortgage Balance
$0Estimated Equity
-12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,491 /month
Positive
Cash Flow Estimate:
$497 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,973
$248,560
2025
$44,520
$204,040
$248,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,973
$248,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kbhs Home Loans Llc
Va
$279,360
Yes
First
Oct 31, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,344
N/A
0%
107%
$1,675/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$1,675/mo
+$305/mo
9.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Converse

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4915 Old Hovey | Property Details | No Agent List