tomo logo

$610,000

Beds
4
Baths
2.5
sq ft
2,112

5123 Cotton Lake Rd, Cove, TX 77523

5123 Cotton Lake Rd

Cove, TX 77523

  • 1 day on market
Nestled on 1.8 acres in Cove, TX, this stunning 4-bed, 2.5-bath home in Barbers Hill ISD offers space, comfort, and country charm. With 2,467 sq. ft., this home boasts an inviting layout, spacious bedrooms, and modern finishes. The detached garage with electricity is perfect for a workshop or storage, while the covered pens are ready for chickens or small livestock. Located within 5 miles of multiple boat ramps and parks, this property is ideal for outdoor enthusiasts. Enjoy the freedom of acreage living with the convenience of nearby schools, shopping, and I-10 access. Don’t miss this rare find—schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$517,879

Lot size

1.80 acres

Price per sq ft

$289

Year built

1983

Annual property taxes

$6,344

Price History

02/22/2025
Houston

Houston #17919550

Listed
$610,000
09/27/2022
Houston

Houston #36849486

Removed

Schools & Community

Elementary school: 

BARBERS HILL SOUTH ELEMENTARY SCHOOL

Middle school: 

BARBERS HILL SOUTH MIDDLE SCHOOL

High school: 

BARBERS HILL HIGH SCHOOL

School district: 

Barbers Hill

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$78,430
Asking price
$610,000
Closing costs (~8% of asking)
-$48,800
Est. remaining loan balance
-$482,770
Cash to seller
$78,430

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Gateway First Bank

Loan start date

September 2022

Original loan amount

$499,900

Est. remaining balance

$482,770

Interest rate

5.22%

Loan type

VA, 30 year

Seller

Ashley Elizabeth Palmer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/24/2025 at 12:55 AM

Listing updated: 02/23/2025 at 4:03 AM

Listed by: Kiehl Green, RE/MAX ONE - Premier Phone #: (281) 576-6000

MLS: Houston #17919550

Houston logo

Recently listed in Cove

$610,000|4 bd|2.5 ba|House
$420,000|4 bd|2.5 ba|House
$649,900|4 bd|3.0 ba|House
$340,000|4 bd|3.0 ba|House
$379,900|4 bd|2.0 ba|House
$245,000|3 bd|2.5 ba|House