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Owner Contacts

$426,000

NAL Estimated Property Value

424 Mimosa Dr, Denton, TX, 76201

Off Market

3 Beds

2 Bath

2,588 Sq Ft

$162.25 / sqft

Built in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage

Lot Size18,143 sqft

Building Information

Year Built1965

Stories1

Roof Type105

Garage Spaces2

Land Information

APNR25373

Lot Number13

SubdivisionHeadlee

Land UseResidential

Legal DescriptionHEADLEE BLK 8 LOT 13 13/444-8 // BEAUMONT AB 31

Census Tract020402

Assessed Land Value$97,377

Assessed Improvement Value$309,144

Assessment Year2025

About this property

If you're looking for a place to stretch out and enjoy life, this is it. Two living & dining areas; formal living & dining are connected. Updated appliances & cabinet fronts in kitchen; sunny breakfast room; family room with fireplace & built-ins; skylights; spacious primary BR w 3 closets; updated primary bath with walk-in shower and a wall of storage! Secondary BRs share jack-n-jill bath. Welcoming sun room spans the rear of the house, and primary BR has its own doorway to sun room - ideal place to relax! Shady landscaped back yard with gazebo and greenhouse. Windows replaced 2008; roof 2014; AC 2015, HWH 2018. A big plus is the RV carport, auto carport, and large workshop with electric in back. RV carport is 33Dx12Wx12H; 3rd car carport, storage bay, and workshop w electric are each 25Dx12Wx8H. Industrial roofing installed on sunroom & detached garage in 2013. Storage bay could easily be re-configured for larger workshop space or other needs. Great neighborhood, too! Don't miss it.

Investor Tools

$426,000

Estimated Property Value

$350,638Estimated Mortgage Balance

$75,362Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,556 /month

Positive

Cash Flow Estimate:

$852 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$330/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,834

$406,521

2025

$97,377

$309,144

$406,521

Tax History

Year

Tax Paid

Assessed Value

2024

$1,834

$406,521

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Republic State Mortgage Co

Conventional

$361,962

First

Aug 9, 2024

Sep 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$350,638

$75,362

17%

82%

$2,171/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$2,171/mo

$-199/mo

5.6%

Learn About the Market: Opportunity in Texas

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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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