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$599,999

1608 Mimosa St, Georgetown, TX, 78626

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,920 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$312.5 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Built-In Refrigerator
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size11,543 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APNR-20-3800-0000-0015
Lot Number9
SubdivisionEast Lynn Add
Land UseResidential
Legal DescriptionS3581 - EAST LYNN ADDITION, BLOCK 2, LOT 9, ACRES 0.265
Census Tract021405
Assessed Land Value$311,556
Assessed Improvement Value$219,219
Assessment Year2025

About this property

Welcome to this fully renovated 3-bedroom, 2.5-bathroom home in the heart of Georgetown! Completely transformed in 2022, this modern gem offers the perfect blend of style, comfort, and convenience. The open floor plan features abundant natural light throughout, creating a bright and airy atmosphere. The spacious living and dining areas flow seamlessly into a beautifully designed kitchen, complete with sleek, built-in GE Café appliances and ample storage space—perfect for entertaining or everyday living. The home boasts a thoughtfully updated master suite and two additional well-sized bedrooms, all offering comfort and privacy. The bathrooms are tastefully appointed with modern finishes, ensuring a luxurious experience. Enjoy peace of mind knowing the home comes with a foundation warranty, with work being completed in 2022, and the cast-iron plumbing has been fully replaced for added reliability in 2022. This home is equipped with roof and water heater that were both installed in 2024, ensuring long-term durability. Outside, the professionally landscaped front yard adds curb appeal, while the fully fenced-in backyard provides a private outdoor oasis. Whether you’re hosting friends, playing with pets, or relaxing in your own space, this yard offers endless possibilities. Currently being used as a successful Airbnb, this property is perfect for investors or anyone looking for a move-in ready home with the option to sell fully furnished at an acceptable price.

Investor Tools

Property Icon
$584,000
Estimated Property Value
$579,878Estimated Mortgage Balance
$8,327Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$780/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,441
$530,775
2025
$311,556
$219,219
$530,775
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,441
$530,775

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$579,878
Yes
First
Dec 5, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$577,364
$10,636
1%
99%
$3,477/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: Georgetown

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1608 Mimosa St | Property Details | No Agent List