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$172,000

1801 Mimosa Dr, Abilene, TX, 79603

SoldInfo
7/24/26
Beds3 Beds
Baths2 Bath
Baths1,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.97 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringLaminate, Tile

Exterior

Lot Size8,721 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN32000048400
Lot Number1
SubdivisionGreen Acres Sec 2
Land UseResidential
Legal DescriptionGREEN ACRES SEC 2, BLOCK 24, LOT 1
Census Tract010500
Assessed Land Value$14,824
Assessed Improvement Value$143,456
Assessment Year2025

About this property

The sellers would like to extend an invitation for your best offers to be submitted by 7 PM, Monday, July 6th. All offers will be reviewed and a decision will be made at that time. Discover the possibilities with this well-built brick home offering space and functionality. Featuring 3 bedrooms, 2 bathrooms, and 2 living areas, this home provides a flexible floor plan perfect for everyday living, entertaining, or creating a home office, playroom, or hobby space. Situated on a corner lot, the property features LVP flooring, a large 1-car garage, and a new wood privacy fence that creates a great backyard setting. Enjoy relaxing or entertaining under the expansive 10' x 30' covered back patio, offering plenty of room for outdoor dining and gatherings. While the home is ready for your personal updates and finishing touches, it offers solid bones and an excellent opportunity to build equity in an established neighborhood. Conveniently located just minutes from Hendrick Hospital and with quick access to Winters Freeway US-277, commuting and accessing shopping, dining, AI Data center, and medical facilities is a breeze. Whether you're a first-time buyer, investor, or someone looking for a home you can truly make your own, this property offers the space, location, and potential to create something special.

Investor Tools

Property Icon
$172,000
Estimated Property Value
$58,900Estimated Mortgage Balance
$143,107Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,032 /month
Positive
Cash Flow Estimate:
$344 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,587
$158,280
2025
$14,824
$143,456
$158,280
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,587
$158,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Abn Amro Mortgage Group Inc
Conventional
$58,900
No
First
Feb 9, 2007
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$29,077
$154,923
84%
17%
$0/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: Abilene

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