Street View

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Owner Contacts

$322,000

NAL Estimated Property Value

1008 Fairfax Dr, Godley, TX, 76044

Off Market

3 Beds

2 Bath

1,884 Sq Ft

Single Family Residence

$166.93 / sqft

Built in 2019

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDishwasher, Disposal, Gas Range, Microwave

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesPrivate Yard

Lot Size6,878 sqft

Building Information

Year Built2019

Garage Spaces2

Land Information

APN126.4666.03340

Lot Number34

SubdivisionStar Ranch Ph1

Land UseResidential

Legal DescriptionLOT 34 BLK C STAR RANCH PH1

Census Tract130100

Assessed Land Value$50,000

Assessed Improvement Value$260,278

Assessment Year2025

About this property

SELLER OFFERING $5,000 CLOSING COST OR PRICE REDUCTION-Highly sought after Star Ranch, located only half a mile from Godley Elementary School. No neighbors behind you and just a few doors down from the wide open green space. Fantastic home situated in a quiet neighborhood. Built in mud bench in the laundry space off of the garage. Window seats throughout the home, and so much natural light with an abundance of windows. Large office with french doors, could be used as a 4th bedroom. Living space is wired for surround sound. Large open concept will fit your largest dining and living room furniture. Beautiful island made to bring your bar stools. Stainless steel appliances, gas range, vent hood, built in microwave, gorgeous countertops, pantry. Owner suite features a large ensuite with walk in shower, walk in closets. Walk in closet in one other bedroom. Covered front and back patio. Sprinkler system. Garage has a nice size area that would be great for a workspace or extra storage

Investor Tools

$322,000

Estimated Property Value

$292,488Estimated Mortgage Balance

$29,512Estimated Equity

9% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,932 /month

Positive

Cash Flow Estimate:

$644 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$593/month

$395/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,506

$310,278

2025

$50,000

$260,278

$310,278

Tax History

Year

Tax Paid

Assessed Value

2025

$5,506

$310,278

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cardinal Financial Company Lp

Fha

$299,475

Yes

First

Jul 27, 2023

Aug 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$292,488

$29,512

91%

$1,850/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,927/mo

$2,245/mo

$-318/mo

7.2%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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