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$215,000

122 Cimarron Ln, Arlington, TX, 76014

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,308 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.37 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size7,357 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN39950-8-16
Lot Number16
SubdivisionSpring Meadows Addition-Arl
Land UseResidential
Legal DescriptionSPRING MEADOWS ADDITION-ARL BLOCK 8 LOT 16
Census Tract111525
Assessed Land Value$66,240
Assessed Improvement Value$168,620
Assessment Year2025

About this property

Welcome to 122 Cimarron Ln, a home full of potential and comfort, in one of the most convenient locations in Arlington. Inside, the home offers a functional layout with open living areas filled and natural light. PREVIOUS BUYER CANCELLED DUE TO HEALTH ISSUES, NO FAULT OF THE HOME. The living room has cozy character, perfect for relaxing or entertaining. The kitchen offers a solid foundation for functionality and future updates. The primary suite provides a private retreat with an ensuite bath, while additional bedrooms offer flexibility for guests, a home office, or family needs. This is a home with good bones, ready for your own personalization. This property is eligible for FHA, VA, and conventional financing. Combined with its attractive price point, it creates an opportunity for lower monthly payments while still getting into a premium Arlington location. It’s a great option for buyers who want flexibility in financing while building long-term value. This is a true sweat-equity opportunity. The home does need some updates, but that is exactly where the upside lies. Whether you are a first-time buyer looking to build equity, an investor seeking a value-add property, or someone who wants to create a space tailored to your style, this home allows you to buy at an approachable price and improve at your own pace. The potential here is real, and the value grows with every improvement. You'll be positioned in the heart of the DFW Metroplex with fast access to Dallas, Fort Worth, and DFW International Airport. Minutes from The Parks Mall at Arlington, Arlington Highlands, shopping, dining, and retail. Entertainment is right around the corner with AT&T Stadium, Globe Life Field, Texas Live, Six Flags Over Texas, and Hurricane Harbor all nearby. It’s a location that keeps you connected to everything North Texas has to offer. This house is more than a home, it’s an opportunity to build equity, and live in one of Arlington’s most connected and convenient areas.

Investor Tools

Property Icon
$234,860
Estimated Property Value
$0Estimated Mortgage Balance
$234,860Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,409 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$118/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$244
$234,860
2025
$66,240
$168,620
$234,860
No

Tax History

Year
Tax Paid
Assessed Value
2025
$244
$234,860

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$234,860
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,060/mo
N/A
+$2,060/mo
10.5%

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.

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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: Arlington

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