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$495,000

2705 Mimosa Ct, Bedford, TX, 76021

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.49 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Gas Cooktop, Disposal, Microwave, Plumbed For Gas
FlooringCarpet, Ceramic Tile, Linoleum, Wood

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size6,556 sqft

Building Information

Year Built1994
Stories1
Garage Spaces2

Land Information

APN34497-1-50
Lot Number50
SubdivisionRiver Forest Addition
Land UseResidential
Legal DescriptionRIVER FOREST ADDITION BLOCK 1 LOT 50
Census Tract113637
Assessed Land Value$100,000
Assessed Improvement Value$337,333
Assessment Year2025

About this property

Welcome home to 2705 Mimosa Court! Set on a quiet cul-de-sac with lush green grass and beautiful Texas-native landscaping, this home makes a welcoming first impression from the moment you arrive. Inside, real hardwood floors lead into an open-concept kitchen, living, and dining area. The spacious living room is anchored by a gorgeous floor-to-ceiling gas fireplace with a mantle. Hello, holiday decorations! The kitchen is a chef’s dream, featuring granite countertops, light cabinetry, and a gas cooktop. With the holidays quickly approaching, be prepared for friends and family to start hinting that they’d love to spend them here. The formal dining is more of a flex space. Make it a home office, playroom, gym, or create a secondary dining space. Head to the beautiful primary suite, where a peaceful retreat awaits with direct access to the backyard. The showstopping bathroom features new tile floors, a freestanding tub, a large marble shower, and an incredible walk-in closet! On the other side of the home, the secondary bedrooms offer peace, privacy, and large walk-in closets as well. Even the laundry room is in on the fun, with a sliding barn door and upgraded shiplap that make laundry feel a little less like a chore. Step outside to a quiet, peaceful patio which will be the perfect spot for morning coffee, watching kids or dogs run and play, or unwinding at the end of the day. A convenient gas grill hookup makes outdoor cooking and entertaining even easier. There's even a new 6x8 storage shed in the backyard because those holiday decorations need a home too. Think it can’t get better? Oh, it can. The big-ticket items are already done: roof (2021), condenser (2024), & a brand-new furnace & garage door opener complete with My Q app. Convenience is another huge perk of this home with easy access to Highways 121 and 183, plus great schools, shopping, and grocery stores nearby. Come see it before someone else claims the holiday hosting rights!

Investor Tools

$239,547Estimated Mortgage Balance
$248,453Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Amy Allen

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$762/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,709
$437,333
2025
$100,000
$337,333
$437,333
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,709
$437,333

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$268,000
No
First
Apr 20, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,547
$248,453
50%
49%
$1,607/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,207/mo
$-87/mo
5.2%

City: Bedford

2705 Mimosa Ct | Property Details | No Agent List