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$182,000

NAL Estimated Property Value

1449 Mimosa Dr, Abilene, TX, 79603

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,584 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.38 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCeramic Tile, Hardwood, Laminate, Linoleum, Simulated Wood, Tile

Exterior

Exterior FeaturesDog Run, Rain Gutters, Private Yard, Storage, Other
Lot Size7,039 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces4

Land Information

APN32000007700
Lot Number9
SubdivisionGreen Acres Sec 1
Land UseResidential
Legal DescriptionGREEN ACRES SEC 1, BLOCK 5, LOT 9
Census Tract010600
Assessed Land Value$11,968
Assessed Improvement Value$146,992
Assessment Year2025

About this property

Well-loved home with so much potential & endless possibilities for usage. Ideal for an investor looking for a turn-key investment property or even more ideal for the individual, couple or family needing a charming & very solid home that won't break the bank. It's a great deal, no matter how you slice it! Located in a great neighborhood. This 3bed, 2bath charmer has quite the versatile floorplan. Every inch is maximized to the fullest. The front living room would make a great 4th bedroom. In fact, it use to be a 4th bedroom at one time & can easily be that again. All bedrooms are spacious. The kitchen is spacious with plentiful cabinet & counter space. The oversized 2 car garage has a large workshop space in it. There's also another large workshop in back that would make a great man-cave, she-shed or whatever the heart desires. Out back, you'll also find a separately fenced area that's double-gated & great for boat & RV parking, a huge dog run or for cultivating your dream garden.

Investor Tools

Property Icon
$182,000
Estimated Property Value
$150,184Estimated Mortgage Balance
$31,816Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,603
$158,960
2025
$11,968
$146,992
$158,960
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,603
$158,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$156,289
Yes
First
Mar 18, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,184
$31,816
17%
83%
$938/mo

City: Abilene

1449 Mimosa Dr | Property Details | No Agent List