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$682,000

NAL Estimated Property Value

5103 Mimosa Ln, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,227 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.81 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size1.50 acres

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces5

Land Information

APN8965-01-000-0600-901
Lot Number60
SubdivisionWoods Edge Sec 1
Land UseResidential
Legal DescriptionWOODS EDGE SEC 1, LOT 60, ACRES 1.5
Census Tract673404
Assessed Land Value$251,834
Assessed Improvement Value$341,385
Assessment Year2025

About this property

Space to plant/Breathe. Enter to soaring ceilings, w/HUGE double-sided fireplace. All new lighting/fans/fixtures. Wood-look Tile plank floors in formal dining and living area. Ceramic tile in wet areas. The kitchen has THREE pantries, double island w/granite, 5 burner down draft cook top, amazing amount of cabinets and open family room. There is even a built in desk with shelving for all those cookbooks. Master suite has 2 walk-in closets, double sinks on Marble, HUGE shower & dbl water closets. The secondary bedrooms have en-suite baths, walk-in closets, built in desks and bookcases. The game room is behind the carport and could be another bedroom or a separate apartment. There is a sink area that could serve as a kitchenette with a full bath. The front porch is a good size & the back porch is massive with a raised bead-board ceiling. All new windows and patio doors. Roof, exterior paint 2017, HVAC all less than 4 years old, foundation w/warranty, Come take a look! NEVER FLOODED!

Investor Tools

Property Icon
$682,000
Estimated Property Value
$638,106Estimated Mortgage Balance
$43,894Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,092 /month
Positive
Cash Flow Estimate:
$1,364 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$684/month
$263/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,801
$593,219
2025
$251,834
$341,385
$593,219
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,801
$593,219

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
1st Nwm Corporation
Conventional
$451,250
No
First
Aug 11, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$638,106
$88,894
12%
94%
$4,145/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$4,408/mo
$-1,668/mo
4.8%

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: Richmond

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5103 Mimosa Ln | Property Details | No Agent List