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$446,000

NAL Estimated Property Value

1896 Cimarron Ct, Grapevine, TX, 76051

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,336 Sq Ft
price_per_sqft$261.98 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters
Lot Size10,507 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN23045-8-1
Lot Number1
SubdivisionLa Paloma Estates Addition
Land UseResidential
Legal DescriptionLA PALOMA ESTATES ADDITION BLOCK 8 LOT 1
Census Tract113710
Assessed Land Value$75,000
Assessed Improvement Value$280,087
Assessment Year2025

About this property

BACK UP FOR GRABS!! LOCATION, LOCATION, LOCATION!!! The property is situated a short drive away from Southlake Towne Center and you can quickly hop on highways for commuting. Within strolling distance, you can be on trails around the lake feeding the ducks OR a large playground with a pool you can get a membership to. This is a three-bedroom two-bathroom home with a generously sized living room with a vaulted ceiling & woodburning fireplace. The floorplan is split with the primary bedroom set just off the front entry. The corner lot increases your lot size and the backyard is privacy fenced with a large covered patio for enjoying our pleasant spring days!! In the primary en-suite, the tile in the shower was completely redone less than one year ago! No carpet- all solid surface flooring! If you would like a video tour, type 1896 Cimarron Trail, Grapevine Tx in your YouTube search bar.

Investor Tools

Property Icon
$446,000
Estimated Property Value
$310,251Estimated Mortgage Balance
$135,749Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,676 /month
Positive
Cash Flow Estimate:
$892 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,713
$355,087
2025
$75,000
$280,087
$355,087
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,713
$355,087

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Local Bank
Unknown
$327,750
No
First
Jun 20, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,251
$135,749
30%
70%
$1,966/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$1,966/mo
+$614/mo
6.9%

City: Grapevine

1896 Cimarron Ct | Property Details | No Agent List