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$504,900

620 Cimarron Trl, Southlake, TX, 76092

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,914 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.79 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater

Exterior

Lot Size21,471 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN44736-2-6
Lot Number6
SubdivisionVista Trails Addition
Land UseResidential
Legal DescriptionVISTA TRAILS ADDITION BLOCK 2 LOT 6
Census Tract113912
Assessed Land Value$197,160
Assessed Improvement Value$172,634
Assessment Year2025

About this property

Welcome to this 3-bedroom, 2-bath home in highly sought-after Southlake, offering a rare opportunity to customize and make it your own. Nestled on a spacious, tree-filled lot, the property features a private well for irrigation—adding both value and efficiency. Inside, you’ll find a functional floor plan with generous living areas and a convenient Jack-and-Jill bathroom layout. While the home is ready for updates, it provides an excellent foundation to create your ideal living space. Located in a quiet, established neighborhood just minutes from shopping, dining, and everyday conveniences. Zoned for Keller ISD with potential eligibility for Southlake Carroll ISD. A unique opportunity to own in one of Southlake’s most desirable areas.

Investor Tools

Property Icon
$500,000
Estimated Property Value
$0Estimated Mortgage Balance
$500,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,029 /month
Positive
Cash Flow Estimate:
$1,010 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$776/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,818
$369,794
2025
$197,160
$172,634
$369,794
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,818
$369,794

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$500,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,530/mo
N/A
+$2,530/mo
6.1%

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: Southlake

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