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$99,900

408 W Godley Ave, TX, 76044

$120,359 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths988 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.11 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Electric Oven
FlooringLaminate

Exterior

Lot Size12,001 sqft

Land Information

APN126.3133.00200
Lot Number8
Land UseResidential
Legal DescriptionLOT 8 BLK E W H GRIFFITHS ADDITION
Census Tract130100
Assessed Land Value$40,000
Assessed Improvement Value$57,070
Assessment Year2025

About this property

Whether you’re looking to start or expand your real estate portfolio, or simply seeking a property with great potential, this fixer-upper sits on close to one-third an acre. Plenty of room to expand, or start from the ground up of this corner lot. Within a rapidly growing community this property is a strategic investment. Roof is approximately 5 years old, plumbing and gas-lines re-done in 2022 and 2024. It's located within a highly regarded school district and is a significant draw for families seeking quality education for their children. Excellent investment for savvy buyers; don’t miss out on this opportunity to invest in a community on the rise. Buyer will need to purchase a new survey.

Investor Tools

Property Icon
$181,000
Estimated Property Value
$110,000Estimated Mortgage Balance
$73,267Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$120,358
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,086 /month
Positive
Cash Flow Estimate:
$362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$106/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$367
$97,070
2025
$40,000
$57,070
$97,070
No

Tax History

Year
Tax Paid
Assessed Value
2025
$367
$97,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
V I P Mortgage Inc
Conventional
$110,000
No
First
Mar 14, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,733
$73,267
40%
60%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$660/mo
+$796/mo
9.7%

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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408 W Godley Ave | Property Details | No Agent List