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$284,000

NAL Estimated Property Value

11716 Fm 2331, Godley, TX, 76044

$369,200 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.56 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Electric Range
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size25,178 sqft

Building Information

Garage Spaces1

Land Information

APN126.0443.02750
Land UseResidential
Legal DescriptionABST 443 TR 38 JOHNSON CO SCH LAND
Census Tract130100
Assessed Land Value$50,000
Assessed Improvement Value$121,566
Assessment Year2025

About this property

Corner lot property perfect for a family or possibly a business. It has a little more than half of acre of land. Lots of yard for parking or for a playground for your children. Lots of beautiful trees. The property enjoys a covered patio. It has a great open floor plan with two large living room areas, one dining, two bathrooms with handicapped availabilities. It just needs a little tender loving care, but the property has so much potential. The house has two septic systems that are underground. The tollway is just minutes away so are shopping centers and major entertainment centers. The school is just minutes away as well. Property sold as is. Some of the pictures have virtual staging to show the full potential of this property.

Investor Tools

Property Icon
$284,000
Estimated Property Value
$538,364Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$369,200
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,704 /month
Positive
Cash Flow Estimate:
$568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,672
$171,566
2025
$50,000
$121,566
$171,566
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,672
$171,566

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$255,290
No
First
Jun 1, 2023
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$538,364
N/A
0%
190%
$3,397/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$3,397/mo
$-1,470/mo
8.1%

Learn About the Market: Opportunity in Texas

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Explore

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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Godley

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11716 Fm 2331 | Property Details | No Agent List