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$302,173

NAL Estimated Property Value

208 Mimosa Street, Ferris, TX, 75125

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,814 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.52 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Double Oven, Gas Cooktop, Refrigerator, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size17,903 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces3

Land Information

APN29.8390.002.009.00.105
Lot Number10
SubdivisionSouthern Hills
Land UseResidential
Legal DescriptionLOT 10 & W30 9 BLK 2 SOUTHERN HILLS .411 AC
Census Tract060104
Assessed Land Value$75,000
Assessed Improvement Value$227,173
Assessment Year2025

About this property

Beautiful home that features 3 bed 3 full bath, renovated kitchen with tons of cabinet space, glass backsplash, granite countertops, new double oven and gas cooktop, original wood floors, crown molding, recessed lighting, breakfast bar, eat in kitchen with built in china cabinet, mudroom, fenced yard, carport, 2 car garage, tons of parking, treed lot, fridge stays and all windows along the front are being replaced.

Investor Tools

Property Icon
$302,173
Estimated Property Value
$190,464Estimated Mortgage Balance
$111,709Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,813 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,319
$302,173
2025
$75,000
$227,173
$302,173
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,319
$302,173

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldwater Bank Na
Conventional
$207,400
No
First
Jan 25, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,464
$111,709
36%
63%
$1,244/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,244/mo
+$728/mo
7.8%

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: Ferris

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208 Mimosa Street | Property Details | No Agent List