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$488,000

NAL Estimated Property Value

1848 Cimarron Trail, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,504 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$264.63 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size8,851 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN23045-8-7
Lot Number7
SubdivisionLa Paloma Estates Addition
Land UseResidential
Legal DescriptionLA PALOMA ESTATES ADDITION BLOCK 8 LOT 7
Census Tract113710
Assessed Land Value$75,000
Assessed Improvement Value$360,234
Assessment Year2025

About this property

Experience all of the perks of living in Grapevine! Situated near Grapevine Lake and it's Horseshoe Trail, historic Main Street and festivities, Grapevine Rec Center, and Dove Pool, park and splash pad, this home is perfectly located to maximize the city's idyllic charm and character. This one-story charmer boasts a beach cottage feel, complete with white beadboard paneling in the primary bedroom and the light and durable laminate flooring in all of the bedrooms. The kitchen has been recently refreshed with white cabinetry, updated countertops and sink, and the stainless refrigerator will convey with the sale. Extra cabinetry in the dining area allows for additional storage and a perfect serving area for entertaining. Speaking of entertaining, the backyard has a great patio that opens to the huge, private yard. Don't miss the 19'x9' storage shed! You'll also enjoy the updated hall bath, complete with subway tile and new countertops. There's so much to love about 1848 Cimarron!

Investor Tools

Property Icon
$488,000
Estimated Property Value
$350,251Estimated Mortgage Balance
$137,749Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,928 /month
Positive
Cash Flow Estimate:
$976 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,935
$435,234
2025
$75,000
$360,234
$435,234
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,935
$435,234

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Airlines Fcu
Conventional
$375,200
No
First
Oct 24, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,251
$137,749
28%
72%
$2,250/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,250/mo
+$330/mo
6.3%

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: Grapevine

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