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$336,325

NAL Estimated Property Value

214 Rees Ave, Godley, TX, 76044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.36 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Concrete

Exterior

Exterior FeaturesRain Gutters
Lot Size7,610 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN126.3186.01150
Lot Number15
SubdivisionGodley Heights
Land UseResidential
Legal DescriptionLOT 15 BLK 1 GODLEY HEIGHTS
Census Tract130100
Assessed Land Value$35,000
Assessed Improvement Value$301,325
Assessment Year2025

About this property

Welcome to 214 Rees Ave in the charming community of Godley, Texas! This beautifully maintained 3-bedroom, 2-bath home offers comfortable living space with a functional layout designed for everyday living. Built in 2020, this home features a modern feel with an open-concept design, spacious living areas, and a layout that provides both comfort and convenience. The inviting kitchen and living spaces create the perfect setting for entertaining family and friends, while the private bedrooms offer a peaceful retreat at the end of the day. Enjoy the benefits of a DoubleRock built home, and a location that provides small-town charm with easy access to the surrounding Johnson County area. Located in the Godley Heights neighborhood, this home is a wonderful opportunity for first-time buyers, growing families, or anyone looking for a move-in-ready property in a welcoming Texas community. Gorgeous open floor plan with plenty of natural light! Nice box ceiling in living room! Primary bedroom has barn doors to primary bathroom with an oversized shower and dual sinks. Walk-in closet with plenty of space. Beautiful tile selections in bathrooms! Full foam insulation, TRANE HVAC, gutters and sprinkler system! Come see why 214 Rees Ave is the perfect place to call home!

Investor Tools

Property Icon
$336,325
Estimated Property Value
$82,478Estimated Mortgage Balance
$254,047Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,018 /month
Positive
Cash Flow Estimate:
$673 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$774/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,606
$336,325
2025
$35,000
$301,325
$336,325
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,606
$336,325

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community National Bank & Trust
Unknown
$99,450
No
First
Mar 20, 2018
Feb 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,478
$253,847
75%
25%
$597/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$772/mo
+$1,155/mo
6.9%

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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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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214 Rees Ave | Property Details | No Agent List