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$1,100,000

5106 Mimosa Ln, Richmond, TX, 77406

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths5 Bath
Baths4,314 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$254.98 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Lot Size2.27 acres

Building Information

Year Built1981
Stories2
Roof Type114
Garage Spaces6

Land Information

APN8965-01-000-0790-901
Lot Number79
SubdivisionWoods Edge Sec 1
Land UseResidential
Legal DescriptionWOODS EDGE SEC 1, LOT 79, ACRES 2.268
Census Tract673404
Assessed Land Value$374,864
Assessed Improvement Value$440,422
Assessment Year2025

About this property

A RARE WOODS EDGE ESTATE OPPORTUNITY on 2.268 ACRES with MATURE PECAN TREES, RESORT-STYLE POOL, HORSE BARN, and a RENOVATED 1,944 SQ FT GUEST HOUSE. Offering 6,258 TOTAL SQ FT across two residences, this original homestead is ready for a buyer with vision. The guest house features a downstairs bedroom and full bath, upstairs media room, second full bath, and potential primary suite—ideal for multigenerational living or comfortable use during renovation. Reimagine the 4,314 SQ FT MAIN HOME into a truly exceptional Fort Bend County estate. A rare combination of acreage, privacy, equestrian potential, and flexible living just minutes from Richmond, Hwy 90, shopping, dining, and everyday conveniences.

Investor Tools

$284,725Estimated Mortgage Balance
$904,766Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,128 /month
Positive
Cash Flow Estimate:
$2,376 /month

Interested in this property?

Audra O'Neal

ONTX Realty Partners

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,173/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,138
$815,286
2025
$374,864
$440,422
$815,286
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,138
$815,286

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$354,719
No
First
Jan 31, 2017
Feb 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,725
$672,275
70%
24%
$2,127/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,277/mo
+$463/mo
2.8%

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.

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: Richmond

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