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$616,224

NAL Estimated Property Value

6509 Leo Ln, Godley, TX, 76044

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,509 Sq Ft
price_per_sqft$247.31 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDouble Oven, Dishwasher, Electric Oven, Disposal, Microwave, Refrigerator, Washer
FlooringWood

Exterior

Exterior FeaturesBalcony, Other
Lot Size1 acre

Building Information

Year Built2022
Garage Spaces2

Land Information

APN126.3151.08120
Lot Number12
SubdivisionStarlight Ranch Ph 3
Land UseResidential
Legal DescriptionLOT 12 BLK 8 STARLIGHT RANCH PH 3
Census Tract130100
Assessed Land Value$100,000
Assessed Improvement Value$516,224
Assessment Year2025

About this property

OPEN HOUSE 11:00 - 3:00 Saturday 10-22 and Sunday 10-23. Stop by and talk to the Canyon Creek Sales Manager about making this house your home! You will be able to view 6404 Rigel Rd as well. YOUR DREAM HOME AWAITS! Horses allowed! This BRAND NEW 3 bed 2 bath home is ready to be yours. The attention to detail and care show through in this design. The separate vanities, walk-through shower, and free-standing tub in the master bathroom create a spa-like experience that you now have at your fingertips! The covered patio and large yard deliver an outdoor space ready to entertain. The kitchen island and open floor plan create an opportunity to make everyday life and holiday convenient and fun! You can take advantage of a 2-1 buy down mortgage rate program, making this an opportunity you wont want to miss! Canyon Creek has 3 additional homes available December 2022.

Investor Tools

Property Icon
$616,224
Estimated Property Value
$555,641Estimated Mortgage Balance
$60,583Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,723 /month
Positive
Cash Flow Estimate:
$1,241 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,154/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,765
$616,224
2025
$100,000
$516,224
$616,224
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,765
$616,224

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dallas Mortgage Associates
Conventional
$589,000
No
First
Apr 3, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$555,641
$60,583
9%
90%
$3,532/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$3,952/mo
$-2,025/mo
3.8%

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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6509 Leo Ln | Property Details | No Agent List