$4,000,000
$500K PRICE DROP

1592 Fm 67 Covington, TX 76636

Estimated payment $23,200/month

Total Views 9,945
240 Acres
$16,667 Price per Acre
10,454,400 Sq Ft Lot

Highlights

  • Docks
  • 240 Acre Lot
  • Fireplace
  • Stables
  • Covered patio or porch
  • Multiple cooling system units

About This Lot

Welcome to Covington Oaks Farm. This premiere 240-acre property is located just south of Ft Worth and has been meticulously developed over the past 20+years with sandy loam soil and lush coastal Bermuda it's ideally situated for livestock and equestrian pursuits. The main entrance is located on a state-maintained road and is a straight shot from I35W. The farm features a 3302 sq ft home that was built in 2020 and is ideally situated to have views from the wrap around porch of the horse barn and paddocks as well as one of the many large water features not to mention the amazing sunrises and sunsets. Inside, the home boasts 10 ft ceilings throughout creating a light and open atmosphere. The kitchen is equipped with top tier appliances including a Jenn Aire dual oven 6-burner gas range, Custom Chameleon sink, quartzite counters and butcher block island. Around the corner is a great area for a coffee bar, additional refrigerator and access to the butlers pantry. The Primary retreat is just that, a true retreat offering abundant space for relaxation and customization. The primary bath is oversized as well, and has a beautiful chandelier, shower with double shower heads, a jacuzzi tub, separate vanities, and a combination open closet for all your valuables.
Inspired by the elegance of Kentucky horse farms with its white vinyl clad wood fencing all around the home and horse facilities. The insulated barn has 5 stalls, a tack room, horse stock, a half bath as well as a covered porch overlooking the four paddocks all with rounded corners for your horse’s safety. There are many water features scattered throughout the property including a 9-acre Corps of
Engineers Lake at the edge of the property and a 2plus acre stocked pond with a covered dock. A 2800 sq ft tool barn for all your implements. The pastures produce top quality hay and last year they baled over 1500 bales.
Covington Oaks Farm is a rare opportunity to own a turnkey luxury estate with functionality and beauty.

Listing Agent

Kelly Jones

Fathom Realty, LLC Brokerage Phone: 888-455-6040 License #0536744 Listed on: 05/02/2025

Fathom Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,787

Year Built

  • Built in 2020

Lot Details

  • 240 Acre Lot
  • Cross Fenced
  • Property is Fully Fenced
  • Vinyl Fence
  • Wood Fence
  • Barbed Wire
  • Many Trees
  • Zoning described as agriculture

Home Design

  • Ranch Property

Interior Spaces

  • Ceiling Fan
  • Fireplace

Schools

  • Covington Elementary School
  • Covington High School

Farming

  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Wash Rack
  • Horses Allowed On Property
  • Tack Room
  • Stables

Utilities

  • Central Heating and Cooling System
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 101656

Community Details

Overview

  • R Reed F C Burt Subdivision

Recreation

  • Docks
  • Covered patio or porch
  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$12,787

Year Built

Built in 2020

Lot Details

0

Listing Details

  • OWNERNAME: Volkman
  • Property Type: Land
  • Property Sub Type: Ranch
  • Attribution Contact: 888-455-6040
  • Horses: Yes
  • Co List Office Mls Id: FATH00FW
  • Special Features: VirtualTour

Exterior Features

  • Fencing: Barbed Wire, Cross Fenced, Fenced, Full, Vinyl, Wood
  • Exterior Features: Dock, Lighting, Rain Gutters
  • Patio And Porch Features: Covered
  • RoadFrontageType: Farm to Market Road
  • RoadSurfaceType: Asphalt

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric, Multi Units

Utilities

  • Sewer: Septic Tank
  • Heating: Central, Electric, Fireplace(s), Propane
  • Utilities: Cable Available, Propane, Septic Available
  • Heating Yn: Yes

Association/Amenities

  • DevelopmentStatus: Other

Schools

  • Elementary School: Covington
  • High School: Covington
  • Junior High Dist: Covington ISD

Lot Info

  • PossibleUse: Agricultural, Cattle, Commercial, Grazing, Horses, Investment, Livestock, Pasture, Ranch, Residential, Recreational
  • Lot Features: Acreage, Agricultural, Pasture, Pond on Lot, Many Trees, Subdivided
  • Lot Size Units: Acres
  • Lot Size Area: 240.0
  • Parcel Number: 101656
  • Lot Size Acres: 240.0
  • Lot Size Sq Ft: 10454400
  • Zoning Description: agriculture
  • Present Use: Agricultural, Cattle, Grazing, Horses, Ranch, Residential, Single Family

Building Info

  • Year Built: 2020

Multi Family

  • WaterfrontFeatures: Boat Dock/Slip

MLS Schools

  • MiddleOrJuniorSchool: Covington

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,787 $2,261,592 $0 $0
2023 $8,824 $664,972 $0 $0
2022 $9,971 $613,072 $0 $0
2021 $10,231 $0 $0 $0
2020 $1,640 $0 $0 $0
2019 $1,718 $0 $0 $0
2018 $1,525 $0 $0 $0
2017 $1,551 $0 $0 $0
2016 $1,470 $0 $0 $0
2015 -- $441,460 $393,730 $47,730
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2025 07/27/25 For Sale $2,800,000 +133.3% $848 / Sq Ft
07/27/2025 07/27/25 For Sale $1,200,000 -70.0% --
07/23/2025 07/23/25 Price Changed $4,000,000 -11.1% --
05/02/2025 05/02/25 For Sale $4,500,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20924418

North Texas Real Estate Information Systems (NTREIS)

APN: 101656