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$196,000

NAL Estimated Property Value

1473 Mimosa Drive, Abilene, TX, 79603

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,660 Sq Ft
price_per_sqft$82.53 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,039 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN32000008100
Lot Number13
SubdivisionGreen Acres Sec 1
Land UseResidential
Legal DescriptionGREEN ACRES SEC 1, BLOCK 5, LOT 13
Census Tract010600
Assessed Land Value$11,968
Assessed Improvement Value$156,672
Assessment Year2025

About this property

SO MUCH NEW for you to view! Here's a list: New island in the kitchen, sinks, light fixtures & hardware, new ceramic tile, new carpet, fresh paint, new microwave with ventilation feature, new silver stove & oven combo, new dishwasher, granite, mirrors, new vanities WOW! Pretty brick fireplace with custom cabinets in the living room. The 10X22 workshop with electric service in the backyard could also be made into a wonderful guest house.

Investor Tools

Property Icon
$196,000
Estimated Property Value
$112,668Estimated Mortgage Balance
$83,332Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$400/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,822
$168,640
2025
$11,968
$156,672
$168,640
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,822
$168,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$130,344
Yes
First
Jul 3, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,668
$83,332
42%
57%
$782/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1473 Mimosa Drive | Property Details | No Agent List