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Johnson 76044
7966 County Road 1005
$130,000
● House - Off Market

7966 County Road 1005

Godley, TX 76044
bedrooms
Studio
bathrooms
0 Bath
$129,272
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Scenic vacant lot in Godley, TX! Spanning just under 8 acres, this untouched property is perfect for your dream home or development project. Enjoy the peaceful countryside and stunning views. Conveniently located near Godley and Fort Worth, with easy access to amenities. Zoning allows for various possibilities, making it an excellent investment opportunity. The property has no easements so can be fully developed. Please see the proposed plat for the property in the TransactionDesk (pending county approval). Don't miss out on this blank canvas to bring your vision to life!
Unit Size
-
Days on Market
-
Land Size
8.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$1
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20374037)

Price History

Date / Event Date Event Price
Aug 25, 2023 Sold
Premium
Sold
Jul 6, 2023 Listed by MARK SPAIN REAL ESTATE $130,000
Listed by MARK SPAIN REAL ESTATE

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 283,140
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: JOHNSON CO SCH LAND
  • Land Acres: 0000006500
  • Standard Land Use Code: 7002
  • County Land Use Code: D1
  • State Land Use Code: D1
  • Legal Description 1: ABST 437 TR 84A1 JOHNSON CO SCH LAND

Neighborhood

  • School District Name: Godley Independent School District
  • School Tax School District: GODLEY ISD
  • Census Tract: 130213

Geography

  • Assessors Map Reference: 126.0437.01780
  • Account Number: R000010735
  • Subdivision Tract Number: 84
  • Parcel: 126-0437-01780
  • Municipality: GODLEY
  • Latitude: 32.4925
  • Longitude: -97.4978

    Address

  • Full Address: 7966 County Road 1005
  • Address - House Number: 7966
  • Address - Street Name: County Road 1005
  • State: TX
  • City Name: Godley
  • Carrier Code: R002
  • 4-Digit Zip Code: 3323
  • Zip Code: 76044

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,559
  • Tax Rate Code Area: 8

    Market Valuation

  • Market Total Value: $162,500
  • Market Land Value: $162,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $162,500
  • Assessed Land Value: $162,500

    Sales

  • Current Sale Contract Date: Mar 18, 2005
  • Current Sale Recording Date: Mar 24, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 010272
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Johnson

Stats & Trends

Median Asking:

$334,620

Sale Price/ft²

$177

Above Asking

0.02%

Average Days on Market

75

Average Home Size

2274 ft²

Average Home Age

-

Currently For Sale

1067 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: Rocky Presley, MARK SPAIN REAL ESTATE
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20374037
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 7966 County Rd 1005 built and last sold?
The property at 7966 County Rd 1005 was built in and last sold on Mar 18, 2005 for $245,000.
How much is this home worth?
The estimated value of the home located at 7966 County Rd 1005 is $0.
What are some comparable homes to 7966 County Rd 1005?
There are currently no comparable homes to 7966 County Rd 1005.
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