7615 County Road 916 Godley, TX 76044
This exceptional 106-acre property in Godley, Texas, presents a unique investment opportunity. The Magnolia Farms Addition is a fully platted residential development, ready for immediate construction. With 164 lots averaging half an acre each, this development offers significant potential for substantial returns. All engineering and groundwork have been completed, streamlining the development process. Located in Johnson County, near County Road 916, zip code 76044, this property boasts an enviable location. It's a short drive to the tollway, providing easy access to the amenities of Fort Worth, including major medical centers, shopping, and more. The property's proximity to a local elementary school and a large church adds to its appeal. The land itself is flat and wide open, ideal for residential construction. A 10-inch water line is available at the roadside. The final plat has been filed and recorded. Owner financing terms are negotiable. This turnkey development includes a marketing agency already lined up to create branding, a website, and signage upon purchase. Don't miss this rare chance to acquire a fully prepared residential development in a thriving Texas community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.