Last 24 Hours
$730,000
NAL Estimated Property Value5204 Mimosa Dr, Bellaire, TX, 77401
Recently Sold
8/24/26
3 Beds
2 Bath
1,643 Sq Ft
$273.89 / sqft
Built in 1952Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Garage Available
Heating Central
CoolingExterior
Lot Size7,344 sqft
Building Information
Year Built1952
Stories1
Garage Spaces1
Land Information
APN0790190010022
Lot Number22
SubdivisionBraeburn Gardens
Land UseResidential
Legal DescriptionLT 22 BLK 1 BRAEBURN GARDENS SEC 1
Census Tract420900
Assessed Land Value$418,665
Assessed Improvement Value$14,215
Assessment Year2025
About this property
Prime Bellaire teardown/land opportunity! Deep lot zoned to award-winning Bellaire schools, minutes to Galleria, Med Center & Downtown. Existing structure has no value — bring your builder or buy-and-build in a submarket where new construction consistently commands $1M+. Surrounded by recent new builds on a walkable, tree-lined street in one of the Inner Loop's tightest inventory markets. Builders/investors — this address sells itself. Won't last
Investor Tools
$730,000
Estimated Property Value
$288,553Estimated Mortgage Balance
$441,447Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,026/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,662
$432,880
2025
$418,665
$14,215
$432,880
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,662
$432,880
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
N/A
$380,000
N/A
First
Jul 24, 2015
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,553
$441,447
60%
40%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
4.2%
12.4%