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$319,900

218 Rees Ave, Godley, TX, 76044

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.76 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringConcrete

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,623 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN126.3186.01130
Lot Number13
SubdivisionGodley Heights
Land UseResidential
Legal DescriptionLOT 13 BLK 1 GODLEY HEIGHTS
Census Tract130100
Assessed Land Value$35,000
Assessed Improvement Value$301,325
Assessment Year2025

About this property

Welcome to 218 Rees Avenue in the desirable Godley Heights community! This charming single-story home offers a comfortable and inviting layout with approximately 1,760 square feet of thoughtfully designed living space. Featuring 3 bedrooms and 2 bathrooms, this home provides the perfect blend of functionality and comfort. Step inside to discover a welcoming open-concept feel, ideal for everyday living and entertaining. The spacious living area provides room to relax and gather, while the well-appointed kitchen offers a great space for preparing meals and creating memories. The primary suite offers dual sinks, oversized shower, walk-in closet with plenty of space, complemented by additional bedrooms that offer flexibility for family, guests, or a home office. Outside, enjoy a generously sized lot offering room to unwind and enjoy the Texas outdoors under a covered patio. Full foam insulation, TRANE HVAC, gutters and sprinkler system!

Investor Tools

$0Estimated Mortgage Balance
$336,325Estimated Equity
100% 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

Interested in this property?

Angie Rodgers

Compass RE Texas, LLC

ContactContact

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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

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$336,325
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$175/mo
+$1,752/mo
6.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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218 Rees Ave | Property Details | No Agent List