33
Map
2003 Mimosa DR
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 1, 2025 | In contract | - | |
| In contract | |||
| Oct 26, 2025 | Listed by Keller Williams Realty | $375,000 | |
| Listed by Keller Williams Realty | |||
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88 MULTIPLE OFFERS RECEIVED. FINAL DEADLINE 1200 NOON THURSDAY 10/30.Seller kindly requests showings between 10AM-4PM if at all possible2003 Mimosa Drive is situated in the desirable Mimosa Manor neighborhood and is just a short drive away from downtown Austin. Captivating Mid-Century Gem with Endless Potential. Nestled in the heart of South Austin, this 3 bedroom, 2 bath vintage mid-century home has timeless charm and offers you and your architect an amazing opportunity. This property is a blank canvas awaiting your vision. Original design features include both pink AND blue bathroom tile and period light fixtures. Spacious bedrooms, an eat in kitchen plus a formal dining room, family room,a HUGE great room and large fireplace round out this gem. Large lot with huge front and back yards and room for a pool or entertaining areas. Separate workshop with 220 voltage. and storage shed on foundations. Close to shopping, dining and medical facilities. Walk one half block to best vege grocery store in Austin, Sprouts.
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| Aug 1, 2025 | No longer available | - | |
| No longer available | |||
| Jul 17, 2025 | Price Decreased |
$450,000
↓ $50K
(10%) | |
| Price Decreased | |||
| Apr 25, 2025 | Relisted | $499,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017