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$361,208

NAL Estimated Property Value

207 REES Avenue, Godley, TX, 76044

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,940 Sq Ft
price_per_sqft$187.63 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,876 sqft

Building Information

Year Built2018
Garage Spaces3

Land Information

APN126.3186.02040
Lot Number4
SubdivisionGodley Heights
Land UseResidential, 5 Acres Or Less
Legal DescriptionLOT 4 BLK 2 GODLEY HEIGHTS
Census Tract130100
Assessed Land Value$35,000
Assessed Improvement Value$326,208
Assessment Year2025

About this property

**Seller willing to pay up to a total of $5,000 towards buyer closing costs.** THE ONLY 3 CAR GARAGE HOME IN GODLEY UNDER $370k!! IT'S ALL ABOUT THE GARAGE! Welcome to this stunning home, where elegance and functionality meet! Offering the perfect blend of spaciousness and style, this 4-bedroom home (or 3 with a study) is designed for modern living. Step inside to find a bright, open-concept living area that effortlessly flows, creating a welcoming space for family gatherings and entertaining guests. The heart of the home is the magnificent kitchen, featuring solid wood cabinets, gleaming granite countertops, and a designer backsplash that adds a touch of sophistication. Whether you're cooking a gourmet meal or enjoying a casual snack, this kitchen is sure to impress. Retreat to the beautiful master suite, where you'll find an inviting sanctuary complete with a luxurious master bath. Indulge in the oversized walk-in shower or unwind in the deep garden tub after a long day. Every detail has been carefully considered to provide comfort and relaxation. The home is finished in neutral grays that allow you to easily incorporate your personal style, whether your taste leans toward bold and vibrant or calm and serene. The versatile color palette ensures that any décor or color scheme will complement the space effortlessly. The updated 3-car garage is a true standout, featuring custom New Age Brand cabinets and shelving, epoxy-coated floors to accommodate all your storage and vehicle needs. With a premium upgrade costing over $8,000, this garage offers both functionality and style, creating the perfect space for any enthusiast or homeowner looking to keep things organized. The seller also upgraded the garage by extending the 2 car garage pad as well as increasing the height to accommodate a Texas truck. It's not just a garage—it's a fully finished extension of your home!

Investor Tools

Property Icon
$361,208
Estimated Property Value
$330,298Estimated Mortgage Balance
$30,910Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,184 /month
Positive
Cash Flow Estimate:
$728 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$663/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,149
$361,208
2025
$35,000
$326,208
$361,208
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,149
$361,208

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vip Independent Mortgage Inc
Conventional
$337,250
No
First
Mar 24, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,298
$30,910
8%
91%
$2,022/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,197/mo
+$188/mo
7.9%

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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207 REES Avenue | Property Details | No Agent List