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Days197Days on Market
Views1view

$1,385,000

1 Mimosa Place, Richardson, TX, 75080

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,672 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$377.18 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,424 sqft

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces2

Land Information

APN421071100A0010000
Lot Number1
SubdivisionMimosa Place
Land UseResidential
Legal DescriptionMIMOSA PLACE BLK A LT 1 INT202400154120 DD07312024 CO-DC 1071100A00100 2CR1071100A
Census Tract019205
Assessed Land Value$275,000
Assessed Improvement Value$1,069,140
Assessment Year2025

About this property

This stunning 2024 custom-built home by Shaddock Caldwell offers luxurious living in a prime location. Nestled on a peaceful cul-de-sac, it is conveniently located within walking distance to the highly-rated Mohawk Elementary and Pearce High School, as well as retail shops. The spacious and open floor plan features 5 bedrooms, 4 full bathrooms, a dedicated office, media room, and two separate living areas. The expansive slider door seamlessly opens the house to a beautifully landscaped flat backyard with ample room for a pool. The first-floor primary bedroom is complete with an ensuite bathroom featuring dual vanities, a separate walk-in shower, an amazing soaking tub, and his and her walk-in closets. Also on the ground floor is an additional bedroom with a full bath which can be used as a guest suite. Upstairs, you will find a cozy second living area that is ideal for a game room, featuring two secondary bedrooms, each with its own full bathroom and walk-in closet. Additionally, there is a versatile room that can be utilized as either a fifth bedroom or a gym. The most ideal location, top-notch schools, vibrant shopping, and a friendly neighborhood will surely draw interest in this exceptional property. Don’t miss your chance to make this stunning home your own!

Investor Tools

$1,126,441Estimated Mortgage Balance
$244,559Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,310 /month
Positive
Cash Flow Estimate:
$2,770 /month

Interested in this property?

Wendi Splawn

Keller Williams Realty Allen

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,777/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,466
$1,344,140
2025
$275,000
$1,069,140
$1,344,140
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,466
$1,344,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amplify Cu
Stand Alone Second / Subordinate Position
$400,000
No
First
Jul 31, 2024
Aug 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,126,441
$244,559
17%
82%
$6,995/mo

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: Richardson

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