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$142,000

NAL Estimated Property Value

6000 Cates Ranch Dr, Godley, TX, 76044

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.13 acres

Land Information

APN126.3991.20108
Lot Number8
SubdivisionCates Ranch Ph 2
Land UseVacant Platted Lot More Than 5 Acres
Legal DescriptionLOT 8 BLK 1 CATES RANCH PH 2
Census Tract130100
Assessed Land Value$111,878
Assessment Year2025

About this property

Don't miss out on best lot in that back of the community overlooking the whole area. This prime piece of real estate located between Godley and Cleburne with easy access to Chisholm Trail. Architectural approval is required with a minimum of 2,400 sq. ft. for a one-story story and 1,800 sq. ft. minimum on the 1st level of a two-story build. Stone or Masonry only and side entry garages are required. No city taxes and served by United Services for electricity and internet. Each lot will require the installation of a water well. Applies to the subdivision as a whole. Development is subject to deed restrictions. Schools are to be verified by the buyer prior to closing.

Investor Tools

Property Icon
$142,000
Estimated Property Value
$103,547Estimated Mortgage Balance
$38,453Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,954
$111,878
2025
$111,878
N/A
$111,878
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,954
$111,878

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veterans Land Board Of The State Of Tx
Va
$107,932
Yes
First
Feb 1, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,547
$54,453
34%
73%
$648/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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6000 Cates Ranch Dr | Property Details | No Agent List