Get email alerts for new off-market deals — curated drops, no spam.Get deal alerts via email
Explore more off-market investment opportunities like this one.
Covington, TX 76636
0 views
Listed
Home details as listed · verify independently
Discover a truly rare property tucked away in the quiet countryside of Johnson County — an underground home offering unmatched privacy, natural insulation, and one-of-a-kind character. Located on a private road, this property is perfect for buyers who value seclusion, energy efficiency, and something far from ordinary.
Call/Text to tour:
🌟 Unique Features
Underground home built into the earth for natural temperature control and storm protection
Incredible energy efficiency thanks to earth-sheltered design
Ultimate privacy and noise reduction
Located on a private road with very low traffic
Spacious lot with room for animals, storage, gardening, or expansion
Ideal for investors, landlords, or owner-occupants seeking a unique property
Peaceful country setting with wide open surroundings
Affordable entry into land ownership in Johnson County
Strong potential as a rental, Airbnb, flip, or long-term hold due to uniqueness
Earth-sheltered homes are extremely rare and highly sought after for their durability, efficiency, and protection from Texas weather.
⚠️ Important: This is an assignment of contract. Buyer will be purchasing the equitable interest in the property. Please contact for details on how the assignment process works.
Opportunities like this don’t come around often. If you’ve been looking for something unique, private, and full of potential — this is it.
Message today for access details and showing instructions.
(Thank you but we do not need help from investors or realtors. Only Serious CASH BUYERS!)
Commission
No Commission
This opportunity in Covington, TX is offered at an asking price of $142,500 as shown on the card. After repair value (ARV) is shown as about $300,000, which implies a gross spread of roughly 52.5 percent off ARV if you use the list price and this ARV as-is. Treat that as a first-pass screen, not a comp confirmation. The property is described with 3 bedrooms, 1.5 bathrooms, 1,600 square feet. Tour or pull rent rolls if the asset is occupied so your rehab scope and lease assumptions match the real layout. Rehab is tagged as “moderate.” In practice, you should open walls and verify every major system, because tags rarely capture the full story on a wholesale lead. Occupancy is noted as “Vacant.” If anyone is in place, schedule access carefully, align showings with local rules, and underwrite for rental income or a formal vacancy path before you take assignment. The list is marked Wholesale—use that to frame exit math (flip spread, fee for wholesale, or long-term DSCR if the plan is a rental hold). The structure is represented around 1970; older vintages can hide lead, cast iron, and foundation work—budget a contingency. Verified seller contact is available on the listing, which speeds diligence once you are serious. Verify ARV, repair scope, access, and title with your own people before you rely on any line in this write-up. Nothing here is a guarantee of value or condition.
Timeline
Posted · Updated
Strategy: Wholesale
