FOR_SALEGood Deal112 days on market

15104 Mimebark Way

15104 Mimebark Way, Austin, TX 78724, Austin, TX 78724
$246,000

Listing Price

Property image 1
15104 Mimebark Way, Austin, TX 78724
Loc: Austin, TX
Days Listed
112
Tax Assessed
$246k
Lot Size
5,750 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Joseph Gilbert Elementary School

PK-5
0.8 mi away
2

Dailey Middle School

6-8
1.1 mi away
2

Del Valle High School

9-12
5.6 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Austin, TX Investment Analysis (2026)

Cap Rate Range: 5.1% - 6.2% · Median Rent: $2,950/mo · Effective Tax: 1.8%

Open Austin Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
6.95%
Total ROI
24.4%
Cash Flow
$181/mo
DSCR
1.15
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-19Price change$246,000$204
2026-06-27Price change$259,000$215
2026-06-12Price change$270,000$224
2026-05-14Listed for sale$280,000$232
2019-03-09Listing removed$189,900$157
2019-02-07Pending sale$189,900$157
2019-02-01Listed for sale$189,900$157
2013-11-15Sold$0
2013-09-06Pending sale$118,500$98
2013-08-14Price change$118,500$98
2013-07-31Price change$119,700$99
2013-07-02Listed for sale$115,000$95

Tax History

YearProperty TaxTax Assessment
2025$2,368.51$239,250
2024$2,391.32$217,500
2023$2,005.4$197,727
2022$2,607.27$179,752
2021$0$163,411
2020$2,429.52$148,555
2019$2,482.07$148,555
2018$2,205.93$138,771
2017$2,205.93$126,155
2016$1,793.98$114,686
2015$1,793.98$104,260
2014$1,793.98$94,782
2013$0$71,059
2012$0$64,599
2011$0$92,383
2010$0$93,130
2009$0$121,786
2008$0$110,007
2007$0$107,586
2006$0$54,022
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,206
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $246,000Rent Basis: Modeled Estimate ($1,968/mo)State Tax Benchmark: 1.8% (TX)Hazard Reserve: $150/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.86%

NOI: $11,951/yr

Cash-on-Cash Yield
-5.9%

On $56,580 invested

DSCR Ratio
0.78x

Negative debt coverage

5-Yr Leveraged ROI
+64.5%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.8% of basis)-$369/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$98/mo
Repairs & Maintenance (10% of rent)-$197/mo
Property Management (8% of rent)-$157/mo
Total Pure Operating Expenses-$972/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,968/mo
Less: Operating Expenses-$972/mo
Net Operating Income (NOI)+$996/mo
Less: Debt Service (30yr @ 6.75%)-$1,276/mo
Net Cash Flow
$-281/mo
$-3,366/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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