New rural subdivision just south of Covington, TX! Multiple tracts with water meters included now available in Owl Estates, a brand-new country subdivision offering peaceful living and wide-open space. Choose from 1- to 3-acre lots, each providing plenty of room for your home, shop, garden, or animals. Light restrictions are in place to protect property values while still giving owners the flexibility to enjoy country living. Located just south of Covington, these lots offer an easy commute to Hillsboro, Cleburne, and the surrounding Central Texas communities. Water and electric are available in the area, and the setting provides long views, open skies, and the quiet you expect from rural life. Whether you're looking to build now or secure land for the future, Owl Estates offers a great opportunity in a growing area. Owner financing offered at $155,000.
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Vacant Land
County
Hill County
APN
123586
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Last updated by owner on Jun 5, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 110° expected this year, 24 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Covington, TX • 76636
Average low and high temperatures (°F)
55
35
66
43
77
53
77
60
82
64
90
73
93
74
92
73
89
68
85
61
73
51
64
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
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Dec
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 1% for direct sun exposure in Covington. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for Lot 4 Hcr 1439
$97,413
$4,587 under list price of $102K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $183K to $216K.