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$452,504

NAL Estimated Property Value

847 Mimosa, Franklin, TX, 77856

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,143 Sq Ft
price_per_sqft$198.04 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesMicrowave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size1.03 acres

Building Information

Year Built2023
Garage Spaces2

Land Information

APN003352-000060
Lot Number6
Land UseResidential Single Family
Legal DescriptionLT 6 BL A HICKORY RIDGE SUBD 1583/181 1.03 ACRES
Census Tract960300
Assessed Land Value$63,500
Assessed Improvement Value$389,004
Assessment Year2025

About this property

Brand New Two-Story Home in Franklin, TX! Imagine yourself in this stunning new home, ready for move-in June 2024! This spacious 4-bedroom, 3-bath home has an open floor plan, ideal for entertaining. Cozy up by the electric fireplace in the inviting living room, which flows seamlessly into the kitchen. Granite countertops, stainless steel appliances, and luxury vinyl plank flooring throughout create a space that's both stylish and functional. Need extra storage? The oversized side-entry garage offers ample space for cars, sports equipment, or even an extra freezer. And with over an acre of land, the possibilities are endless! Plenty of room for a pool, a garden, or a fenced-in area for your pets. This prime location in Hickory Ridge puts you just minutes from top-rated schools. Plus, enjoy convenient access to Bryan-College Station just 35 minutes away. Don't miss your chance to own this beautiful new home in a sought-after neighborhood! Call us today to schedule a showing.

Investor Tools

Property Icon
$452,504
Estimated Property Value
$397,232Estimated Mortgage Balance
$55,272Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,715 /month
Positive
Cash Flow Estimate:
$905 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$774/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,027
$452,504
2025
$63,500
$389,004
$452,504
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,027
$452,504

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Fha
$407,483
Yes
First
Dec 12, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,232
$55,272
12%
88%
$2,444/mo

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: Franklin

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