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$149,900

1248 Mimosa Drive, Abilene, TX, 79603

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,458 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.81 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range

Exterior

Lot Size6,821 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN32000014100
Lot Number21
SubdivisionGreen Acres Sec 1
Land UseResidential
Legal DescriptionGREEN ACRES SEC 1, BLOCK 7, LOT 21
Census Tract010600
Assessed Land Value$11,594
Assessed Improvement Value$164,946
Assessment Year2025

About this property

Adorable property with tons of square footage in a great location! Open floor plan with a huge dining area with enough room for an office or flex space. The eat-in kitchen boasts a gas range and includes the refrigerator! Separate laundry room with tons of storage. New furnace. The large backyard has a plenty of room with a 1-car garage and an additional storage building. Come see this great property before it gets snapped up!

Investor Tools

Property Icon
$179,000
Estimated Property Value
$0Estimated Mortgage Balance
$46,777Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,001
$176,540
2025
$11,594
$164,946
$176,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,001
$176,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gmfs Llc
Conventional
$142,405
No
First
Jul 22, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,223
$46,777
26%
74%
$854/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: Abilene

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1248 Mimosa Drive | Property Details | No Agent List