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B+
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$421,000

NAL Estimated Property Value

506 Mimosa Dr, Denton, TX, 76201

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,665 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.44 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven
FlooringTile, Wood

Exterior

Lot Size16,318 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR25420
Lot Number16
SubdivisionHeadlee
Land UseResidential
Legal DescriptionHEADLEE BLK 8 LOT 16 16/444-8 // BEAUMONT AB 31
Census Tract020402
Assessed Land Value$94,180
Assessed Improvement Value$282,675
Assessment Year2025

About this property

A true mid-century modern treasure—where timeless architectural character meets today’s thoughtful updates; tucked into one of Denton’s most established, quiet neighborhoods. Extensive renovations include flooring, lighting, interior paint and finishes throughout. The modern kitchen and renovated bathrooms will leave you enchanted! This home is move-in-ready – set your furniture down and start living! Family and guests need their own privacy without sacrificing coziness? Each bedroom suite occupies a corner of the home with living and family space in the middle; this layout cannot be beaten. Enormous yard, big enough for your large breed dogs, but not so big you spend all day mowing. Parents – no more pick-up lines! Save hours each week, because your kid’s elementary and middle school are a 5 min bike ride away. Whether you’re buying your first home, a safe home for your student, or right-sizing to be closer to grandkids, lifestyle, amenities, shopping and UNT are a 5 min drive away. Are ready for your next, favorite chapter? Schedule a showing immediately!

Investor Tools

Property Icon
$421,000
Estimated Property Value
$300,670Estimated Mortgage Balance
$120,330Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,549 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$807/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,583
$376,855
2025
$94,180
$282,675
$376,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,583
$376,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Inwood National Bank
Conventional
$325,000
No
First
May 13, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,670
$114,330
27%
71%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,949/mo
+$23/mo
5.6%

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: Denton

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506 Mimosa Dr | Property Details | No Agent List