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$65,000

308 El Pescado Court, Godley, TX, 76044

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land
Year BuiltBuilt in 2020

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1 acre

Land Information

APN126.3111.00140
Lot Number14
SubdivisionLas Palomas Estates
Land UseResidential
Legal DescriptionLOT 14 LAS PALOMAS ESTATES
Census Tract130100
Assessed Land Value$80,000
Assessed Improvement Value$700,000
Assessment Year2025

About this property

Build your dream home on this corner lot in the gated community of Las Palomas Estates, tucked away 2 miles south of Godley. This 1 acre lot is only 20 minutes away from Fort Worth, in the highly rated Godley ISD. No city taxes, concrete streets, ornamental street lights, Coop water and electricity, 2400 sq. ft. minimum, nestled in between Cleburne and Granbury. Country living at its best!

Investor Tools

Property Icon
$787,000
Estimated Property Value
$0Estimated Mortgage Balance
$222,166Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,722 /month
Positive
Cash Flow Estimate:
$1,574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,343/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,183
$780,000
2025
$80,000
$700,000
$780,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,183
$780,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Building Or Construction Loan
$603,996
No
First
Nov 29, 2022
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$564,834
$222,166
28%
72%
$3,622/mo

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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308 El Pescado Court | Property Details | No Agent List