500 Mimosa Street

Irving, TX 75061

$400,000
Price
4
Beds
4
Baths
2,308 Sq. Ft.
$173 / Sq. Ft.
2,308
Sq. Ft.
$173
per Sq. Ft.

Description

This STABLE, RELIABLE & WELL-MAINTAINED INVESTMENT PROPERTY features 2 units - both 2 bed 2 bath. Property manager since 2017 notes there is no foreseeable major maintenance and tenants have been easy to manage. Both units are leased thru 12.24 (since 2021) and 5.25 (since 2017). Conveniently located close to highways, shopping, dining and easy commute to downtown Dallas and to Dallas airports. Adjacent property (809 E Pioneer) is also available to be bundled with this property.This STABLE, RELIABLE & WELL-MAINTAINED INVESTMENT PROPERTY features 2 units - both 2 bed 2 bath. Property manager since 2017 notes there is no foreseeable major maintenance and tenants have been easy to manage. Both units are leased thru 12.24 (since 2021) and 5.25 (since 2017). Conveniently located close to highways, shopping, dining and easy commute to downtown Dallas and to Dallas airports. Adjacent property (809 E Pioneer) is also available to be bundled with this property.
  1. Listed by James Webb Jr. • TREC #0738346 • EXP REALTY • 214-728-6833

Property Details for 500 Mimosa Street

Subdivision Name
Pioneer Mimosa
Pool
No
Number Of Parking Spaces
2
LISTING UPDATED: 10/24/2024 08:55 AM

Property Details for 500 Mimosa Street

StatusActive
MLS #20604260
Days on Market216
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1983
Lot Size0.15 AC / 6,490 SF
CountyDallas County

Building Information for 500 Mimosa Street

Stories2Residences2Year Built1983Building Size-Lot Size0.15 AC / 6,490 SF

Property Information for 500 Mimosa Street

Summary
Location and General Information
  • Block: A
  • Complex Name: Pioneer Mimosa
  • Directions: See GPS
  • Elementary School: Keyes
  • Elementary School Name: Keyes
  • High School: Irving
  • High School Name: Irving
  • Middle School: Austin
  • Year Built Details: Preowned
  • School District: Irving ISD
  • Geocode Confidence: High
  • Latitude: 32.82
  • Longitude: -96.94
  • State: Texas
Parking
  • Parking Features: Unassigned
Taxes and HOA Information
  • Tax Legal Description: PIONEER MIMOSA BLK A LT 3 DUPLEX 500&02
  • Association Type: None
  • Tax Lot: 3
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Other
  • Heating: Electric
  • Interior Features: Other
  • Appliances: Dishwasher
  • Cooling: Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Metal Siding
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Metal
  • Number Of Units Total: 2
  • Levels: Two
Property
Utilities
  • Utilities: Electricity Available
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.149
  • Lot Size Area: 0.149
  • Lot Size Units: Acres
  • Lot Size Square Feet: 6490.44
  • Multi Parcel ID: No
  • Parcel Number: 324025600A0030000
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: 8.18%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $32,700
  • Insurance Expense: $0
  • Net Operation Income: $32,700.00
Unit 1
  • Living Area Length: 1.0
  • Number Of Baths Full: 2
  • Unit Type Type: 2 Bedroom
Unit 2
  • Living Area Length: 1.0
  • Number Of Baths Full: 2
  • Unit Type Type: 2 Bedroom

Property History for 500 Mimosa Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Mimosa Street

Taxable ValueLand$80,000Additions$344,000Total$424,000
Tax Record2024$9,169 ($764 / month)
Home Facts
Baths3Total Finished SqFt2,308 SqFtAbove Grade Finished SqFt2,308 SqFtStories2Lot Size6,500 SqFtStyleDuplexYear Built1983ZoningZ414CountyDALLASAPN324025600A0030000Fireplace TypeHas Fireplace

Schools near 500 Mimosa Street

This home is within Irving Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Gilbert F M Elementary School
PublicPK to 5

Austin Middle School
Public6 to 8

Irving High School
Public9 to 12

Barbara Cardwell Career Preparator
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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500 Mimosa Street is a multi-family home for sale in Irving, TX 75061. This property was listed for sale on May 2, 2024 by EXP REALTY, it's currently listed at $400,000. It has been on the market for a total of 216 days and was last sold on September 14, 2017. This listing's school district is Irving Independent School District. Nearby schools include Gilbert F M Elementary School, Austin Middle School and Irving High School. 500 Mimosa Street is a 4-bed, 4-bath, 2,308 sqft multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY, James Webb Jr.

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 10/24/2024 08:55 AM