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$192,000

NAL Estimated Property Value

13029 Cimarron Drive, Balch Springs, TX, 75180

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths884 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.99 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Other
FlooringCeramic Tile, Laminate, Other

Exterior

Exterior FeaturesOther
Lot Size6,480 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces1

Land Information

APN12071500050280000
Lot Number28
SubdivisionSpring Oaks
Land UseResidential
Legal DescriptionSPRING OAKS 1 BLK 5 LT 28 132X90X120X49.10 INT202100155689 DD05212021 CO-DC 0715000502800 1CB07150005
Census Tract017315
Assessed Land Value$60,000
Assessed Improvement Value$118,880
Assessment Year2025

About this property

Cute 3 bedroom starter home in Balch springs. Vaulted ceiling open floor concept, mini sitting window bay, recent HVAC installed. Large back yard with a covered patio for all the family entertainments. Close access to Hwy 635 and 20.. come and see!! Buyer financing fell through.

Investor Tools

Property Icon
$192,000
Estimated Property Value
$729,988Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,337
$178,880
2025
$60,000
$118,880
$178,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,337
$178,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Veritex Community Bank
Commercial
$750,000
No
First
Nov 22, 2024
Nov 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$729,988
N/A
0%
380%
$4,497/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$4,497/mo
$-2,525/mo
12.3%

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: Balch Springs

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13029 Cimarron Drive | Property Details | No Agent List