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

    9526 County Road 1004 Godley, TX 76044

    View on Map
    Sponsored
    For Sale
    $1,735,000

    Unimproved Land - Godley, TX

    Type:Unimproved Land
    Lot size:
    49.73 Acres
    Days on Market:
    18
    Last Refresh:
    Mar 20 at 11:06 pm

    Property Features for 9526 County Road 1004

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    126043701850
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    49.73 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Bobby Norris

    BOBBY NORRIS FARM AND RANCH REALTY, LLC

    Listing agent Bobby Norris License #0510409

    Listing date Mar 2, 2026

    MLS# 21081442 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.

    Learn more

    Property Insight Report

    Overview

    Versatile Land with Development Potential

    This 49-acre tract presents an investment opportunity with development potential. The property features a well-maintained all-weather road system, providing accessibility and infrastructure. Open grazing areas and hunting appeal offer multiple revenue possibilities, from agricultural use to recreational leasing. This acreage is suitable for subdivision, development, or creating a rural retreat destination. The land offers flexibility, function, and future upside.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Building Supply Big Box & Wholesale Store Auto Repair Shop HVAC Service Car Rental Facility Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Godley
    County
    Johnson
    State
    Texas
    Longitude
    -97.503442
    Latitude
    32.519152

    Nearby Similar for Sale

    • $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
    • $2,850,000
      2.41 Acres

      Godley Self-Storage Expansion Opportunity

      Self-storage facility with expansion potential in growing Godley, Texas.
      8813 Highway 171 N, Godley, TX 76044
      View Details
    • New
      $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
    • $2,250,000
      1,100 SF

      70+ Acre Country Retreat

      70+ acre property with barn, paddocks, and living quarters.
      7445 County Road 1232, Godley, TX 76044
      View Details
    • $3,200,000
      2.94 Acres

      Godley Retail with Highway Frontage

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

      Godley Car Wash and Storage

      Well-maintained car wash with storage units in downtown Godley, Texas.
      109 N 3Rd St, Godley, TX 76050
      View Details
    • $989,000
      7.21 Acres

      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
    • $1,200,000
      2,104 SF

      Godley Ranch and Farmland Opportunity

      15 acres of land perfect for ranching or building a home.
      9224 County Road 915, Godley, TX 76044
      View Details
    • $989,000
      7.21 Acres

      Godley Land with Updated Home

      7 acres in Godley, TX with updated home and workshop.
      12001 B Fm 2331, Godley, TX 76044
      View Details
    • $1,300,000
      54.03 Acres

      54 Acre Country Retreat in Godley

      Rustic 1,932 sq ft home on 54 acres in Godley, TX.
      3800 A County Rd 1011, Godley, TX 76044
      View Details
    • $2,100,000
      3,500 SF

      Godley Retail Property For Sale

      Commercial real estate in Godley, currently operating as a feed mill.
      201 W Godley Ave, Godley, TX 76044
      View Details
    • Contact for pricing

      Godley Retail/Restaurant Investment Opportunity

      Prime 1,000 SF building in bustling Godley area.
      125 State Hwy 171, Godley, TX 76044
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 49-acre tract ideal for development, recreation, or agricultural use.
    Where is this agricultural land / farmland located?
    The property is located at 9526 County Road 1004 Godley, TX.
    What is the asking price?
    The asking price for this property is $1,735,000.
    What are key features of this property?
    This property features: - 49-acre tract with outstanding development potential.; - Well-maintained all-weather road system throughout the property.; - Multiple revenue possibilities (agricultural, recreational leasing).
    (817) 626-2000
    Request Owner's contact information
    9526 County Road 1004 Godley, TX 76044
    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.
    9526 County Road 1004
    Godley, TX 76044
    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
    9526 County Road 1004 Godley, TX 76044
    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

    We can help!
    Listing Contact
    Bobby Norris
    Real Estate License ID: 0510409
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!