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Owner Contacts

$275,000

NAL Estimated Property Value

661 Cimarron Trl, Irving, TX, 75063

Off Market

2 Beds

3 Bath

1,284 Sq Ft

Condos / Townhouses

$225.78 / sqft

Built in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer

FlooringCarpet, Laminate, Wood

Exterior

Lot Size4.48 acres

Building Information

Year Built1985

Stories2

Roof Type105

Garage Spaces1

Land Information

APN32539200000000661

SubdivisionTree Top Condominiums

Land UseResidential

Legal DescriptionTREE TOP 3 CONDOMINIUMS PH 1 & 2 UNIT 661 CE 2.0579% INT202400178484 DD08292024 CO-DC 5392000000006 13253920000

Census Tract014128

Assessed Land Value$60,230

Assessed Improvement Value$209,410

Assessment Year2025

About this property

Welcome to your new home, a beautiful condo overlooking a canal in Valley Ranch, a charming suburb of Irving. You'll love this prime location with easy access to the canal, trails, and nearby parks. Enjoy walking or biking along the canal and connecting to Campion Trails through Las Colinas. This vibrant community is perfect for those who enjoy an active lifestyle and participate in various family-friendly activities that Valley Ranch has to offer. Conveniently close to Cypress Waters and Las Colinas, where you'll find a variety of fun activities and excellent dining options. The condo is also near DFW and Love Field airports, shops, and restaurants. This condo features 2 bedrooms, each with its own ensuite bath. One of the rooms has a balcony facing the canal. Recent updates include new windows, updated countertops, and fixtures in both bathrooms. A washer, dryer, and refrigerator are included. Come see this gem today before it's gone! Annual Valley Ranch HOA $362.34

Investor Tools

$275,000

Estimated Property Value

$203,430Estimated Mortgage Balance

$71,570Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,739 /month

Positive

Cash Flow Estimate:

$580 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$335/month

$553/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,646

$269,640

2025

$60,230

$209,410

$269,640

Tax History

Year

Tax Paid

Assessed Value

2024

$2,646

$269,640

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Conventional

$210,000

First

Aug 28, 2024

Sep 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$203,430

$71,570

26%

74%

$1,260/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,990/mo

$1,813/mo

+$177/mo

8.7%

Learn About the Market: Opportunity in Texas

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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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