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$490,000

NAL Estimated Property Value

1507 Mimosa Cir, Graham, TX, 76450

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,599 Sq Ft
price_per_sqft$190.42 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Warming Drawer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size16,553 sqft

Building Information

Year Built1978
Garage Spaces2

Land Information

APN12774
Lot Number134,135
Land UseResidential
Legal DescriptionOAK HILLS - LOT 134 & EAST 9.5 FT OF LOT 135
Census Tract950600
Assessed Land Value$34,660
Assessed Improvement Value$293,800
Assessment Year2025

About this property

Timeless Design, Custom Craftsmanship, and Modern Comfort Nestled in a prime location on an exclusive, quiet street, this stunning 2,599 sq ft home combines traditional elegance with thoughtful custom design. Featuring 3 spacious bedrooms, 2 full baths, and high-end finishes throughout, every inch of this home has been intentionally crafted for beauty, comfort, and function. Step inside to find warm hardwood flooring in the entry, formal dining, and main living area—setting the tone for the home’s inviting and refined style. The living room features a cozy wood-burning fireplace and custom built-in cabinetry perfect for storage and displaying décor. You’ll also find additional built-ins in the kitchen dining area, blending everyday functionality with timeless craftsmanship. The chef’s kitchen is a true showpiece—complete with all stainless steel appliances, a warming drawer, and a sleek ceiling-mounted exhaust vent that maintains an open, unobstructed view to the living room. Expansive counter space provides ample room for baking, serving, and gathering, while the custom cabinetry offers thoughtful storage and organization throughout. The primary suite is your private retreat, featuring a spa-inspired bathroom with heated tile floors, luxury fixtures, and refined finishes. Throughout the home, you’ll find custom window treatments, most windows have been updated, and an abundance of natural light. A large utility room adds convenience with plenty of space for a freezer, extra refrigerator, and additional storage. Step outside to your park-like backyard oasis, complete with a covered patio, lush flowerbeds, and well-defined areas for dining, grilling, and play—the perfect setting for both quiet mornings and lively gatherings. Meticulously maintained and completely move-in ready, this home embodies classic design, custom detailing, and modern comfort—all set in one of the most desirable and peaceful neighborhoods in town.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$150,502Estimated Mortgage Balance
$339,498Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,969 /month
Positive
Cash Flow Estimate:
$990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,175
$328,460
2025
$34,660
$293,800
$328,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,175
$328,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houstonian Mortgage Group Inc
Conventional
$190,000
No
First
Jul 1, 2016
Jul 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,502
$314,498
67%
31%
$1,140/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.

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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: Graham

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1507 Mimosa Cir | Property Details | No Agent List