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$494,500

501 Los Altos Court, Godley, TX, 76044

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,144 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.28 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesTrash Compactor, Dishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size1 acre

Building Information

Year Built2020
Garage Spaces2

Land Information

APN126.3111.00400
Lot Number40
SubdivisionLas Palomas Estates
Land UseResidential
Legal DescriptionLOT 40 LAS PALOMAS ESTATES
Census Tract130100
Assessed Land Value$80,000
Assessed Improvement Value$657,650
Assessment Year2025

About this property

This impressive home on a corner lot in Las Palomas Estates has a modern farm interior. The natural light shows off the wood grain in the vaulted ceiling and stained columns. Custom kitchen has granite, stainless steel appliances, executive light fixtures and a huge walk in pantry. Mud benches and laundry room placement make this floor plan a hit. The luxurious master ensuite includes its own outdoor fireplace, separate sinks and shower with a stand alone tub. It has a Jack and Jill bathroom, upstairs space could be 5th bedroom. Driveway is extra wide, in the highly rated Godley ISD, this energy efficient home with total foam encapsulation has double paned windows, includes 5' pipe fence.

Investor Tools

Property Icon
$737,650
Estimated Property Value
$0Estimated Mortgage Balance
$360,726Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,426 /month
Positive
Cash Flow Estimate:
$1,475 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,141/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,004
$737,650
2025
$80,000
$657,650
$737,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,004
$737,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$426,000
No
First
Jun 18, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,924
$360,726
48%
51%
$2,555/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$3,155/mo
$-770/mo
3.9%

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.

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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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501 Los Altos Court | Property Details | No Agent List