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$606,711

605 El Gato Drive, Godley, TX, 76044

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,678 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.05 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size1 acre

Building Information

Year Built2020
Garage Spaces3

Land Information

APN126.3111.00860
Lot Number86
SubdivisionLas Palomas Estates
Land UseResidential
Legal DescriptionLOT 86 LAS PALOMAS ESTATES
Census Tract130100
Assessed Land Value$80,000
Assessed Improvement Value$526,711
Assessment Year2025

About this property

Gorgeous custom home built by Abba River in Las Palomas gated subdivision in Godley isd. Large open kitchen, living and breakfast area with granite , stainless appliances, custom cabinets, island, decorative lighting, and pretty wbfp. Spa like master with garden tub, separate custom shower, dual sinks, granite , and walk in closet . Spacious extra bedrooms Large covered backporch to enjoy these wonderful cool evenings Projected completion date May 19, 2021. The actual finish out of the exterior , interior and fixtures will vary from the posted pictures on the mls. These are just for reference and not the actual pictures from this home

Investor Tools

Property Icon
$606,711
Estimated Property Value
$0Estimated Mortgage Balance
$286,888Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,640 /month
Positive
Cash Flow Estimate:
$1,213 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$788/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,426
$606,711
2025
$80,000
$526,711
$606,711
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,426
$606,711

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage300 Corp
Conventional
$353,600
No
First
May 5, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,823
$286,888
47%
53%
$2,121/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,721/mo
$-336/mo
4.7%

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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605 El Gato Drive | Property Details | No Agent List