Real Estate Investment Properties for Sale in Covington, TX

Looking for investment property in Covington, TX with high ROI ?

Explore a variety of short-term homes & houses in Covington, TX. Invest wisely with VRBO & Covington, TX Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Covington, TX

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
171 Twilight Dr Covington, TX 171 Twilight Dr, Prosper, TX 75078 \| Single Family Residential	4 beds \| 3 baths \| 2,991 sq.ft.	$1,050,900	Airbnb cash on cash: 1.17% Traditional cash on cash: -0.37% Airbnb Rental Income: $5203 Traditional Rental Income: $2645 Airbnb ROI: 1.17% Traditional ROI: -0.37%
508 Gathings Ave Covington, TX Come and See!! This adorable remodeled home with 2 bedrooms, 1 bath. Cute kitchen with gr...	2 beds \| 1 baths \| 924 sq.ft.	$175,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 2.79% Airbnb Rental Income: $935 Traditional Rental Income: $1020 Airbnb ROI: 0.21% Traditional ROI: 2.79%
1106 Hcr 1414 Covington, TX Bring your animals and take a drive south to a cozy country home that is ready for new own...	4 beds \| 2 baths \| 1,432 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $1614 Airbnb ROI: N/A Traditional ROI: 3.72%
1293 Hcr 1425 Covington, TX Looking for that peaceful living with room to roam.. well here it is. Beautiful cabin nest...	2 beds \| 1 baths \| 960 sq.ft.	$720,000	Airbnb cash on cash: -2.05% Traditional cash on cash: -0.55% Airbnb Rental Income: $935 Traditional Rental Income: $1597 Airbnb ROI: -2.05% Traditional ROI: -0.55%
11039 State Highway 171 Covington, TX Nice 4 bedroom home with vaulted ceilings and a wood burning fireplace. sits on a beautifu...	4 beds \| 2 baths \| 2,178 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.63% Airbnb Rental Income: $null Traditional Rental Income: $2246 Airbnb ROI: N/A Traditional ROI: 6.63%
103 S Barron Street Covington, TX Brand new low maintenance townhomes now available. This 3 bed 2 bath home is just the perf...	3 beds \| 2 baths \| 1,253 sq.ft.	$220,000	Airbnb cash on cash: 9.18% Traditional cash on cash: 0.89% Airbnb Rental Income: $4471 Traditional Rental Income: $1810 Airbnb ROI: 9.18% Traditional ROI: 0.89%
665 Hcr 1432 Covington, TX 665 Hcr 1432, Covington, TX 76636 \| Single Family Residential	4 beds \| 2 baths \| 3,233 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.92% Airbnb Rental Income: $null Traditional Rental Income: $1660 Airbnb ROI: N/A Traditional ROI: 4.92%
167 Hcr 4105 Covington, TX 167 Hcr 4105, Covington, TX 76636 \| Manufactured Home	N/A beds \| N/A baths \| 960 sq.ft.	$430,000	Airbnb cash on cash: 1.45% Traditional cash on cash: -0.68% Airbnb Rental Income: $2385 Traditional Rental Income: $942 Airbnb ROI: 1.45% Traditional ROI: -0.68%
586 Hcr 1414 Covington, TX 586 Hcr 1414, Covington, TX 76636 \| Single Family Residential	1 beds \| 1 baths \| 780 sq.ft.	$265,000	Airbnb cash on cash: 4.5% Traditional cash on cash: -0.59% Airbnb Rental Income: $2521 Traditional Rental Income: $640 Airbnb ROI: 4.5% Traditional ROI: -0.59%
131 Hcr 1417 Covington, TX 131 Hcr 1417, Covington, TX 76636 \| Single Family Residential	2 beds \| 1 baths \| 900 sq.ft.	$795,000	Airbnb cash on cash: -2.12% Traditional cash on cash: -1.18% Airbnb Rental Income: $935 Traditional Rental Income: $1284 Airbnb ROI: -2.12% Traditional ROI: -1.18%
157 Private Road 142 Covington, TX 157 Private Road 142, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$160,000	Airbnb cash on cash: 8.4% Traditional cash on cash: -0.02% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 8.4% Traditional ROI: -0.02%
223 W Gaithings Covington, TX 223 W Gaithings, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$230,000	Airbnb cash on cash: 5.07% Traditional cash on cash: -0.85% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 5.07% Traditional ROI: -0.85%
20 Acres Gathings Ave Covington, TX 21 Acres Gathings Ave, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$358,000	Airbnb cash on cash: 2.29% Traditional cash on cash: -1.53% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 2.29% Traditional ROI: -1.53%
0000 Private Road 415 Rd Lot 9 Covington, TX 0000 Private Road 415 Rd Lot 9, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$245,023	Airbnb cash on cash: 4.39% Traditional cash on cash: -1.17% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 4.39% Traditional ROI: -1.17%
Lot 4 Gathings Ave Covington, TX Lot 4 Gathings Ave, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$189,000	Airbnb cash on cash: 6.72% Traditional cash on cash: -0.44% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 6.72% Traditional ROI: -0.44%
0000 Private Road 415 Rd Lot 7 Covington, TX 0000 Private Road 415 Rd Lot 7, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$377,843	Airbnb cash on cash: 1.9% Traditional cash on cash: -1.73% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 1.9% Traditional ROI: -1.73%
470 Hcr 1439 Covington, TX 470 Hcr 1439, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$1,300,000	Airbnb cash on cash: -1.38% Traditional cash on cash: -2.22% Airbnb Rental Income: $2385 Traditional Rental Income: $783 Airbnb ROI: -1.38% Traditional ROI: -2.22%
247 Private Road 14503 Covington, TX 247 Private Road 14503, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: 4.97% Traditional cash on cash: -1.07% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 4.97% Traditional ROI: -1.07%
Lot 2 Gathings Ave Covington, TX Lot 2 Gathings Ave, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$207,900	Airbnb cash on cash: 5.88% Traditional cash on cash: -0.65% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 5.88% Traditional ROI: -0.65%
0 TBD Hcr 1414 Covington, TX 0 TBD Hcr 1414, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$239,000	Airbnb cash on cash: 4.77% Traditional cash on cash: -0.92% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 4.77% Traditional ROI: -0.92%
Lot 1 Gathings Ave Covington, TX Lot 1 Gathings Ave, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$207,900	Airbnb cash on cash: 5.88% Traditional cash on cash: -0.65% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 5.88% Traditional ROI: -0.65%
11056 State Highway 171 Covington, TX 11056 State Highway 171, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$330,000	Airbnb cash on cash: 2.72% Traditional cash on cash: -1.43% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 2.72% Traditional ROI: -1.43%
Lot 3 Gathings Ave Covington, TX Lot 3 Gathings Ave, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$207,900	Airbnb cash on cash: 5.88% Traditional cash on cash: -0.65% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 5.88% Traditional ROI: -0.65%
Lot1 Blk1 TBD SH 171 Covington, TX Lot1 Blk1 TBD SH 171, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$143,940	Airbnb cash on cash: 9.61% Traditional cash on cash: 0.28% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 9.61% Traditional ROI: 0.28%
170 Hcr-4105 Covington, TX	N/A beds \| N/A baths \| N/A	$397,999	Airbnb cash on cash: 1.79% Traditional cash on cash: -0.93% Airbnb Rental Income: $2385 Traditional Rental Income: $783 Airbnb ROI: 1.79% Traditional ROI: -0.93%
423 Hcr 1439 Covington, TX 423 Hcr 1439, Covington, TX 76636 \| Single Family Residential	3 beds \| 4 baths \| 3,240 sq.ft.	$949,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 0.07% Airbnb Rental Income: $4471 Traditional Rental Income: $2616 Airbnb ROI: 1.11% Traditional ROI: 0.07%
TBD Gathings Ave Covington, TX TBD Gathings Ave, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$693,000	Airbnb cash on cash: -0.15% Traditional cash on cash: -2.14% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: -0.15% Traditional ROI: -2.14%
000 N Barron Rd Covington, TX 000 N Barron Rd, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$189,000	Airbnb cash on cash: 6.72% Traditional cash on cash: -0.44% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 6.72% Traditional ROI: -0.44%
TBD 14.697 Acres Hcr 1431 Covington, TX TBD 14.697 Acres Hcr 1431, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$495,000	Airbnb cash on cash: 0.9% Traditional cash on cash: -1.88% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 0.9% Traditional ROI: -1.88%
130 Abbott Ave Covington, TX 130 Abbott Ave, Covington, TX 76636 \| Single Family Residential	4 beds \| 2 baths \| 1,841 sq.ft.	$354,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.84% Airbnb Rental Income: $null Traditional Rental Income: $1966 Airbnb ROI: N/A Traditional ROI: 2.84%
2651 Fm 67 Covington, TX 2651 Fm 67, Covington, TX 76636 \| Manufactured Home	4 beds \| 2 baths \| 2,432 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.29% Airbnb Rental Income: $null Traditional Rental Income: $1759 Airbnb ROI: N/A Traditional ROI: 2.29%
1338 Fm 67 Covington, TX 1338 Fm 67, Covington, TX 76636 \| Single Family Residential	2 beds \| 2 baths \| 2,268 sq.ft.	$655,000	Airbnb cash on cash: -1.97% Traditional cash on cash: 0.37% Airbnb Rental Income: $935 Traditional Rental Income: $2024 Airbnb ROI: -1.97% Traditional ROI: 0.37%
171 Hcr 1450 N Covington, TX 171 Hcr 1450 N, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$674,975	Airbnb cash on cash: -0.08% Traditional cash on cash: -2.12% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: -0.08% Traditional ROI: -2.12%
11458 St Hwy 171 Covington, TX 11458 St Hwy 171, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$1,249,000	Airbnb cash on cash: -1.32% Traditional cash on cash: -2.44% Airbnb Rental Income: $2385 Traditional Rental Income: $497 Airbnb ROI: -1.32% Traditional ROI: -2.44%
PR 114 PR 114 Covington, TX PR 114 PR 114, Covington, TX 76636 \| Other	N/A beds \| N/A baths \| N/A	$189,500	Airbnb cash on cash: 6.7% Traditional cash on cash: -0.44% Airbnb Rental Income: $2385 Traditional Rental Income: $512 Airbnb ROI: 6.7% Traditional ROI: -0.44%
11015 State Highway 171 Covington, TX 11015 State Highway 171, Covington, TX 76636 \| Single Family Residential	2 beds \| 1 baths \| 960 sq.ft.	$285,000	Airbnb cash on cash: -0.93% Traditional cash on cash: -0.11% Airbnb Rental Income: $935 Traditional Rental Income: $809 Airbnb ROI: -0.93% Traditional ROI: -0.11%
423 A Hcr 1439 Covington, TX 423 A Hcr 1439, Covington, TX 76636 \| Single Family Residential	3 beds \| 4 baths \| 3,240 sq.ft.	$689,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 1.14% Airbnb Rental Income: $4471 Traditional Rental Income: $2616 Airbnb ROI: 2.57% Traditional ROI: 1.14%

Real Estate investment in Covington, TX

There are 37 properties for sale in the city of Covington . The median list price in Covington is $165,000 and the average price per square foot is $74. In June 2026, the average monthly cash on cash return in Covington is 1.00%. The average monthly rental income in Covington is $512.

Covington, TX Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 37 investment properties available for sale in Covington.

In 2026, the best neighborhood to buy investment property is Covington.

The ROI for Short-Term is higher than the Long-Term in Covington with average rental income of $2,385.

Your search for investment property begins and ends here

Investment Property for Sale in Covington, TX

171 Twilight Dr

Covington, TX

4 beds | 3 baths | 2,991 sq.ft.

$1,050,900

Airbnb cash on cash: 1.17%

Traditional cash on cash: -0.37%

Airbnb Rental Income: $5203

Traditional Rental Income: $2645

Airbnb ROI: 1.17%

Traditional ROI: -0.37%

508 Gathings Ave

Covington, TX

2 beds | 1 baths | 924 sq.ft.

$175,000

Airbnb cash on cash: 0.21%

Traditional cash on cash: 2.79%

Airbnb Rental Income: $935

Traditional Rental Income: $1020

Airbnb ROI: 0.21%

Traditional ROI: 2.79%

1106 Hcr 1414

Covington, TX

4 beds | 2 baths | 1,432 sq.ft.

$319,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.72%

Airbnb Rental Income: $null

Traditional Rental Income: $1614

Airbnb ROI: N/A

Traditional ROI: 3.72%

1293 Hcr 1425

Covington, TX

2 beds | 1 baths | 960 sq.ft.

$720,000

Airbnb cash on cash: -2.05%

Traditional cash on cash: -0.55%

Airbnb Rental Income: $935

Traditional Rental Income: $1597

Airbnb ROI: -2.05%

Traditional ROI: -0.55%

11039 State Highway 171

Covington, TX

4 beds | 2 baths | 2,178 sq.ft.

$289,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.63%

Airbnb Rental Income: $null

Traditional Rental Income: $2246

Airbnb ROI: N/A

Traditional ROI: 6.63%

103 S Barron Street

Covington, TX

3 beds | 2 baths | 1,253 sq.ft.

$220,000

Airbnb cash on cash: 9.18%

Traditional cash on cash: 0.89%

Airbnb Rental Income: $4471

Traditional Rental Income: $1810

Airbnb ROI: 9.18%

Traditional ROI: 0.89%

665 Hcr 1432

Covington, TX

4 beds | 2 baths | 3,233 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.92%

Airbnb Rental Income: $null

Traditional Rental Income: $1660

Airbnb ROI: N/A

Traditional ROI: 4.92%

167 Hcr 4105

Covington, TX

N/A beds | N/A baths | 960 sq.ft.

$430,000

Airbnb cash on cash: 1.45%

Traditional cash on cash: -0.68%

Airbnb Rental Income: $2385

Traditional Rental Income: $942

Airbnb ROI: 1.45%