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B+
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$126,000

1512 E Mimosa Ave, Victoria, TX, 77901

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,158 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$107.86 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesGas Range, Gas Water Heater, Range
FlooringVinyl

Exterior

Lot Size5,301 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN45800-008-01800
Lot Number18
SubdivisionParkwood
Land UseResidential
Legal DescriptionPARKWOOD LOT 18 BLOCK 8
Census Tract000502
Assessed Land Value$28,090
Assessed Improvement Value$84,340
Assessment Year2025

About this property

Start your new year with a new home! This beautifully updated 3-bedroom, 1-bathroom gem features brand new flooring throughout and fresh paint, creating a bright and inviting atmosphere. Enjoy the comfort of a newer HVAC system and a new water heater, ensuring year-round convenience. Recently leveled in 2024 with a new subfloor in most areas, this home is ready for you to move in worry-free. Don’t miss the chance to make this stunning property your own!

Investor Tools

Property Icon
$126,000
Estimated Property Value
$124,900Estimated Mortgage Balance
$3,674Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$756 /month
Positive
Cash Flow Estimate:
$252 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,312
$112,430
2025
$28,090
$84,340
$112,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,312
$112,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Va
$124,900
Yes
First
Mar 24, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,326
$3,674
2%
97%
$749/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,180/mo
$749/mo
+$431/mo
11.2%

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: Victoria

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1512 E Mimosa Ave | Property Details | No Agent List