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$173,500

111 Mimosa St, Lake Jackson, TX, 77566

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,222 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.98 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesWater Heater, Water Softener, Electric Oven, Microwave, Electric Range
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size9,230 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces1

Land Information

APN5850-1405-000
Lot Number3
SubdivisionArea B-C-D-E-G-H-J-K-L Etc
Land UseResidential
Legal DescriptionAREA B-C-D-E-G-H-J-K-L ETC (LAKE JACKSON) BLK 2 LOT 3 AREA N
Census Tract663400
Assessed Land Value$33,230
Assessed Improvement Value$125,120
Assessment Year2025

About this property

Welcome to this beautifully updated 3-bedroom, 1-bath home in Lake Jackson! Offering 1,222 sq. ft. of comfortable living space, this home features custom cabinetry and granite countertops installed in 2024, along with a refreshed bathroom featuring solid-surface finishes and tile flooring. Enjoy low-maintenance vinyl plank flooring throughout the home, crown molding, and 2-inch blinds. Major improvements include a 2020 HVAC system, 2021 PVC plumbing beneath the home, and foundation repairs completed with a transferable warranty. The gas tankless water heater was installed in 2024. Additional amenities include a water softener, primary bedroom air return, electric washer/dryer hookups with natural gas option, and a refrigerator that conveys. Outside, enjoy the added concrete slab beneath the back porch and a 10x8 metal storage shed. A current Killum Pest Control contract adds even more peace of mind. Move-in ready and thoughtfully updated!

Investor Tools

$112,301Estimated Mortgage Balance
$61,168Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,041 /month
Positive
Cash Flow Estimate:
$347 /month

Interested in this property?

Cherry Leal

Cornerstone, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,760
$158,350
2025
$33,230
$125,120
$158,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,760
$158,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway Mortgage Corp
Fha
$127,449
Yes
First
May 15, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,301
$62,699
35%
65%
$765/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: Lake Jackson

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111 Mimosa St | Property Details | No Agent List