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$375,000

116 Cimmaron Court, Alvarado, TX, 76009

$487,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.8 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size6,551 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN126.2465.05230
Lot Number23
SubdivisionStonegate Manor Ph 3
Land UseResidential
Legal DescriptionLOT 23 BLK E STONEGATE MANOR PH 3
Census Tract130417
Assessed Land Value$67,500
Assessed Improvement Value$289,778
Assessment Year2025

About this property

Welcome to 116 Cimmaron Ct, a spacious and inviting 3-bedroom, 2-bath home with a dedicated office, perfectly situated on a desirable corner lot. Thoughtful interior details include 6-inch baseboards and rounded corners, adding a polished, custom feel throughout the home. The open-concept kitchen and living area create a warm, welcoming space that’s perfect for everyday living and entertaining. The kitchen features granite countertops, ample cabinetry, and a large center island with room for additional seating. The private primary suite offers a comfortable retreat with an en-suite bath featuring an oversized walk-in shower. Two generously sized secondary bedrooms provide plenty of space for family, guests, or hobbies. The dedicated office overlooks the front patio, creating a bright and pleasant workspace. Step outside to enjoy the large covered back patio, perfect for relaxing, grilling, and entertaining year-round. A two-story 12x20 wood barn, 7 foot lofts with 48 inch door and windows offers an impressive amount of additional storage for tools, lawn equipment, seasonal items, and more. With its corner-lot setting, open-concept layout, upgraded interior details, abundant storage, and fantastic covered outdoor living space, 116 Cimmaron Ct is ready to welcome you home!

Investor Tools

$217,049Estimated Mortgage Balance
$140,229Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$487,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

Interested in this property?

Misti Nicholson

Nicholson Premier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,333
$357,278
2025
$67,500
$289,778
$357,278
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,333
$357,278

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$252,208
Yes
First
Aug 26, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,049
$140,229
39%
61%
$1,513/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,513/mo
+$414/mo
6.5%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Alvarado

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116 Cimmaron Court | Property Details | No Agent List