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$304,000

409 Nelson St, Godley, TX, 76044

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,761 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.75 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt-In Gas Range, Dishwasher, Gas Cooktop
FlooringCeramic Tile, Linoleum, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size27,530 sqft

Building Information

Year Built1971
Garage Spaces2

Land Information

APN126.3137.00040
Lot Number6-8
Land UseResidential
Legal DescriptionLOT 6,7,8 BLK 1 HILLTOP
Census Tract130100
Assessed Land Value$40,000
Assessed Improvement Value$151,736
Assessment Year2025

About this property

Looking for a quiet retreat with small-town charm? This beautifully remodeled 1,700 sqft home in downtown Godley is a must-see! Sitting on a spacious .63-acre lot with four mature pecan and oak trees, this 2-bedroom, 2-bathroom home offers plenty of room to live, work, and entertain. Don’t let the 2-bedroom layout fool you—there’s flex space available for a home office, craft room, or even a third bedroom if needed! From the moment you step onto the covered front porch, you'll feel at home. Inside, the open-concept living, kitchen, and dining area is warm and inviting, featuring a wood-burning fireplace and custom barn doors for a touch of rustic charm. The kitchen is thoughtfully designed with custom pull-out drawers in the cabinets and pantry, making organization a breeze. The primary suite boasts built-in shelving in the closets and a spacious en-suite bathroom with extra storage. The laundry room and additional storage throughout the home make daily living even more convenient. A standout feature of this home is the sunroom, offering a bright and airy space to enjoy year-round. Whether you want a cozy reading nook, an extra lounge space, or a peaceful morning coffee spot, this sunroom has you covered. Step outside to a large fenced-in yard, perfect for kids, pets, or simply relaxing under the shade of the mature trees. But that’s not all—this property includes an incredible 25' x 55' shop with a party deck and RV-covered area, providing endless possibilities for hobbies, projects, storage, or entertaining. Located in a highly rated school district, this home is an easy commute to Fort Worth, Cleburne, Granbury, and Burleson. Whether you're looking for a peaceful retreat, a functional workspace, or a place to entertain, this home has it all.

Investor Tools

Property Icon
$304,000
Estimated Property Value
$337,250Estimated Mortgage Balance
$0Estimated Equity
-11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,712
$191,736
2025
$40,000
$151,736
$191,736
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,712
$191,736

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Conventional
$337,250
No
First
Mar 17, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$330,298
N/A
0%
109%
$2,022/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,022/mo
$-95/mo
7.6%

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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409 Nelson St | Property Details | No Agent List