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$269,000

400 W Godley Ave, TX, 76044

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,551 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.29 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Cooktop, Gas Cooktop
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesLighting, Private Yard, Storage
Lot Size14,000 sqft

Building Information

Garage Spaces2

Land Information

APN126.3133.00160
Lot Number1-2
Land UseResidential
Legal DescriptionLOT 1,2 BLK E W H GRIFFITHS ADDITION
Census Tract130100
Assessed Land Value$40,000
Assessed Improvement Value$186,365
Assessment Year2025

About this property

What an incredible opportunity to own a farmhouse style home in the heart of Godley! **HVAC INSTALLED 2018. ROOF 2019.** Recent updates include fresh paint in the living room and kitchen, new trim, stained wood accents, updated kitchen countertops and freshly painted kitchen cabinets. Additional interior features include 3 bedrooms downstairs, a large flex space upstairs that could be used as a 4th bedroom, gameroom, or storage room, upstairs walk in closet, ensuite master bathroom, and a spacious laundry room with room for a freezer! Exterior features include a new front porch, farmhouse red exterior paint, covered carport, fenced backyard, sliding back gate. Detached garage features a workshop with electric! Paved and lighted carport in the fenced backyard is large enough to park several cars and your boat! Front porch completely rebuilt 2019. Fence and gates installed 2021.

Investor Tools

Property Icon
$269,000
Estimated Property Value
$231,725Estimated Mortgage Balance
$45,964Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,828
$226,365
2025
$40,000
$186,365
$226,365
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,828
$226,365

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Fha
$231,725
Yes
First
Apr 25, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,036
$45,964
17%
83%
$1,390/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,390/mo
+$995/mo
10.6%

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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400 W Godley Ave | Property Details | No Agent List