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$270,000

15104 Mimebark Way, Austin, TX, 78724

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,206 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.88 / sqft
Year BuiltBuilt in 2005

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
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Free-Standing Range, Refrigerator, Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size5,750 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces1

Land Information

APN02035515320000
Lot Number32
SubdivisionForest Bluff Sec 4
Land UseResidential
Legal DescriptionLOT 32 BLK C FOREST BLUFF SEC 4
Census Tract002215
Assessed Land Value$76,406
Assessed Improvement Value$169,874
Assessment Year2025

About this property

Thoughtfully updated and full of practical upgrades, this single-story Forest Bluff home delivers style, comfort, and standout backyard function in a fast-growing East Austin location. Located at 15104 Mimebark Way in Travis County with an Austin 78724 postal address, this 3-bedroom, 2-bath home features an open layout with improved flow to the living room, creating an inviting space for everyday living and entertaining. The living room is ready to impress with a fireplace, ceiling-mounted surround sound system, and a large custom projector screen for an elevated movie-night or game-day setup. The refreshed kitchen adds warmth and functionality with repainted cabinets, custom butcher-block countertops, a gourmet sink, new garbage disposal, and a water filtration system. Major updates throughout the home provide peace of mind, including a full HVAC and heating system replacement in 2021, upgraded water heater approximately 2 years ago, roof approximately 10 years old, added gutters, French drains, new ceiling fans, replaced trim, painted bedrooms, updated bathroom tile, replaced toilets, and removal of all carpet. A low 1.65 tax rate adds even more value and affordability. Step outside to enjoy a large prefabricated covered patio, garden area, and a tall 10x12 backyard storage building/workshop complete with electricity, A/C, generous storage, and workspace. Whether you need room for hobbies, projects, tools, or additional flex space, this workshop offers rare versatility for the area. Located only about 1 mile north of the Tesla Gigafactory and approximately 2 miles from a newly planned high school, this location places homeowners near one of East Austin’s fastest-growing employment corridors while still offering neighborhood comfort and accessibility. With visible pride of ownership, refreshed finishes, improved drainage, excellent storage, and inviting indoor-outdoor living spaces, this Forest Bluff home stands out in today’s Austin real estate market.

Investor Tools

$162,830Estimated Mortgage Balance
$114,509Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,662 /month
Positive
Cash Flow Estimate:
$554 /month

Interested in this property?

Roman Lopez

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
$78/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,391
$239,250
2025
$76,406
$169,874
$246,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,391
$239,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Mortgage & Equity Consultants
Fha
$184,794
Yes
First
Apr 7, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,830
$79,170
32%
59%
$1,108/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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15104 Mimebark Way | Property Details | No Agent List