Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8601 County Road 1127 Godley, TX 76044
    Back to Search
    Property profile & analytics

    8601 County Road 1127 Godley, TX 76044

    View on Map
    • Land
    • 42.61 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 8601 County Road 1127

    Lot size
    42.61 lot acres
    Property type
    Land

    Description

    This exceptional commercial land offering presents a unique investment opportunity in rapidly growing Godley, Texas. Located just 30 miles southwest of downtown Fort Worth and conveniently situated near Texas State Highway 171 and minutes from the Chisholm Trail Toll Road, this property boasts excellent accessibility. The land encompasses a sizable area ranging from 42.61 to 100.63 acres, zoned for Agricultural use (AG). A significant portion of this acreage, designated as Tract B, features a 1,623 square foot single-family residence, adding potential value and immediate usability. This tract also benefits from a highly desirable corner location with extensive frontage along County Road 1127. The property's location near a proposed Municipal Utility District (MUD) south of the 100-acre tract further enhances its development potential. This versatile land is ideal for a variety of commercial ventures, offering significant upside in a thriving Texas market. The price per acre is competitively priced at $35,000, making this an attractive investment opportunity for discerning buyers. Serious inquiries are encouraged.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Godley
    County
    Johnson
    State
    Texas
    Longitude
    -97.5511
    Latitude
    32.4161

    Comparable in this City

    • Value Estimation by Request
      20.06 Acres

      9809 State Hwy

      Farms • 20.06 Acres
      9809 State Hwy, Joshua, TX 76044
      View Details
    • Value Estimation by Request
      106.00 Acres

      7615 County Road 916

      Land • 106.00 Acres
      7615 County Road 916, Godley, TX 76044
      View Details
    • Value Estimation by Request
      214.85 Acres

      9401 County Road 1232

      Land • 214.85 Acres
      9401 County Road 1232, Godley, TX 76044
      View Details
    • Value Estimation by Request
      1.00 Acre

      Tbd Main 1

      Commercial real estate • 1.00 Acre
      Tbd Main 1, Godley, TX 76044
      View Details
    • Value Estimation by Request
      1.57 Acres

      6403 County Rd 912

      COMMERCIAL (GENERAL) • 1.57 Acres
      6403 County Rd 912, Godley, TX 76044
      View Details
    • Value Estimation by Request
      144 SF

      308 Hwy 171

      COMMERCIAL (GENERAL) • 144 SF
      308 Hwy 171, Godley, TX 76044-4034
      View Details

    Similar Nearby for Sale

    • $195,500

      Land For Sale in Godley

      Land available in Johnson County, Texas.
      7241 County Road 913, Godley, TX 76044
      View Details
    • $500,000
      13.15 Acres

      Improved Land Ready for Development

      13.1 acres of improved land in Godley, Texas.
      8157 County Road 1009, Godley, TX 76044
      View Details
    • $325,000
      10.00 Acres

      Godley, TX Land Opportunity

      10+ acre tract with amazing views in Godley, Texas.
      Tbd County Rd 1131, Godley, TX 76044
      View Details
    • $337,500

      Land For Sale

      Land available for purchase in Johnson County, Texas.
      12520 County Road 1002, Godley, TX 76044
      View Details
    • $750,000

      Land For Sale in Godley

      Land available in Johnson County, Texas.
      5905 Fm 917, Godley, TX 76044
      View Details
    • Contact for pricing

      16 Acres Approved RV Park

      16 acres approved for RV park near Chisholm Trail Parkway.
      1032 E Godley Ave, Godley, TX 76044
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land with High School Proximity

      Land with high visibility, suitable for retail or restaurant.
      9101 State Hwy 171, Godley, TX 76044
      View Details
    • $1,800 /Mo
      4,356 SF

      Office Space in Growing Godley

      Flexible office space available for rent in Godley, Texas.
      105 W Graham Ave, Godley, TX 76044
      View Details
    • Contact for pricing
      2,927 SF

      Retail/Restaurant Space Available

      Retail and restaurant spaces available for lease.
      7551 Highway 171 N, Godley, TX 76044
      View Details
    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.
    8601 County Road 1127
    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
    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

    Thank You for Inquiry
    8601 County Road 1127, Godley, TX, 76044
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!