Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12833 Torello Court Godley, TX 76044

    View on Map
    Claim this Listing
    For Sale
    $155,000

    Unimproved Land - Godley, TX

    Type:Unimproved Land
    Lot size:
    2.06 Acres
    Added:
    Aug 13, 2025
    Days on Market:
    257
    Last Refresh:
    Apr 26 at 11:06 am

    Property Features for 12833 Torello Court

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    126467003030
    Lot size
    2.06 Acres

    Taxes and HOA fees

    Expense value
    300
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Semi-Annually

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Kacey Huggins
    Kacey Huggins

    Listing agent Kacey Huggins

    Listing office Keller Williams Brazos West 1099 Waters Edge Dr. Suite 100, Weatherford, TX

    Listing date Aug 13, 2025

    MLS# 20871767 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Gated Community

    This 2.055-acre lot is located in the private, gated community of Lanzara Estates in Godley, Texas. It is situated away from busier areas, offering a balance of quiet and accessibility. The property is located within the Godley Independent School District and is approximately 13 minutes from Chisholm Trail Parkway and 40 minutes from downtown Fort Worth. Modern infrastructure is in place, including underground utilities. Water is supplied by private water wells, and septic systems are used, eliminating water bills. United Co-Op Electric and United Co-Op High-Speed Fiber Optic Internet services are available. This property is suitable for building a home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Building Supply Skin Care Clinic Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Godley
    County
    Johnson
    State
    Texas
    Longitude
    -97.5505
    Latitude
    32.4185

    Nearby Similar for Sale

    • $449,000

      16 Acres in Godley, TX

      16 acres in Godley ISD, near Chisholm Trail Parkway.
      1032 E Godley Avenue, Godley, TX 76044
      View Details
    • $2,850,000

      Godley Self-Storage Expansion Opportunity

      Self-storage facility with expansion potential in growing Godley, Texas.
      8813 N Highway 171, Godley, TX 76044
      View Details
    • $625,000
      1,080 SF

      Texas Farm and Ranch Opportunity

      26-acre farm/ranch with mineral rights near Godley, Texas.
      7165 County Road 1232, Godley, TX 76044
      View Details
    • $750,000

      Unzoned Land in Godley, Texas

      15-acre property with development potential in a growing area.
      5905 FM 917, Godley, TX 76044
      View Details
    • $3,200,000

      Godley Retail with Highway Frontage

      Retail property with commercial kitchen, office, patio, bar, and stage.
      125 N Highway 171, Godley, TX 76044
      View Details
    • $345,000

      Godley Car Wash and Storage

      Well-maintained car wash with storage units in downtown Godley, Texas.
      109 N 3rd Street, Godley, TX 76050
      View Details
    • $200,000

      Unrestricted Land in Godley ISD

      4.536 acres of unrestricted land in Godley, Texas.
      5505 Comanche Drive, Godley, TX 76044
      View Details
    • $989,000

      Godley Investment Opportunity on 7 Acres

      7-acre property in Godley, TX, suitable for business or family.
      12001 Fm 2331, Godley, TX 76044
      View Details
    • $449,000

      16 Acres Approved for RV

      16 acres in Godley, TX, approved for RV park.
      1032 #2 E Godley Avenue, Godley, TX 76044
      View Details
    • $1,150,000
      2,258 SF

      Texas Equestrian Estate on Acres

      Versatile 13+ acre property in Godley, Texas with equestrian facilities.
      8928 County Road 1232, Godley, TX 76044
      View Details
    • $999,500

      55+ Acres Unimproved Land

      Versatile 55+ acre property with creek and pond near Fort Worth.
      4000 Fm 2331, Godley, TX 76044
      View Details
    • $195,500

      Land Parcel in Eagle Creek

      Unimproved land with building potential in Godley, Texas.
      7241 County Road 913, Godley, TX 76044
      View Details

    FAQs

    What type of property is this?
    Land - Two-acre lot in gated community, convenient to Fort Worth.
    Where is this land located?
    The property is located at 12833 Torello Court Godley, TX.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: Large 2‑acre lot in the private, gated Lanzara Estates community.; Located in highly‑rated Godley ISD.; Convenient access to Chisholm Trail Parkway (13 minutes) and Fort Worth (40 minutes).
    (817) 279-6996
    We can help!
    Listing Contact
    Kacey Huggins
    Kacey Huggins
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!