Ed's Opinion of Value

$524,479 Ed's Estimate: $810,828 $1,495,000
Lowest Comp Recommended List: $1,389,000 to $1,404,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $810,828. To generate strong buyer interest while maximizing value, I'd price this between $1,389,000 and $1,404,000. In the current MIMOSA MANOR market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Being 1,385 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2021 construction puts this home 27 years newer than the comp average, a factor in the pricing. Buyers in MIMOSA MANOR have 7 comparable options right now, with asking prices between $962,000 and $1,695,000. The trend in 78745 shows prices have risen 2.2% in the past 6 months. 1909 Stanley Ave, Austin TX 78745 nearby adjusts to $1,320,096; with a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
6 Beds
6 Baths 5 Full, 1 Half
3,400 Sq Ft
0.185 Acres
2021 Built
1 Garage

About This Property

2203 Mimosa is tucked away under heritage live oaks in the heart of South Austin's popular 78745. This multi-generational compound has all the bases covered. Room for everyone in these TWO thoughtfully laid out homes. The front house hosts two primary suites, one up and one down, two secondary bedrooms and two living rooms! Highlights in the welcoming first floor include a fabulous island that anchors the sunny dine-in kitchen with custom cabinetry, built-ins and an appliance package to please the most discerning chef. The fully finished garage has natural light, plenty of power and is already wired for a Tesla charger! A main level primary retreat boasts a walk in shower, soaker tub, hidden space for a safe and ample storage. Beyond the landing on the second level you are greeted with more natural light and tree house view of the gorgeous live oaks. Two more bedrooms, a secondary bath, spacious second living and a second primary suite that won't be outdone. Wall to wall window with views that stretch beyond the spacious walk out deck, a fridge and coffee bar en suite for luxurious convenience.
Step out back and visit the large two bed plus office back house. Both homes have standing seam lifetime metal roofs. A charming front porch with cedar accents welcomes you into the cottage like space with more room to enjoy. The flow in the one story ~1100 sqft home is exceptional. A kitchen as accommodating as the larger home complete with designer finishes. Double doors from the living area lead out back towards the patio and deck allowing for seamless indoor/outdoor entertaining.
With high ceilings and an abundance of natural light throughout, both homes are inviting and warm while exhibiting modern touches and convenience with timeless trim and finish. Spacious layouts offer a multitude of options for the new live work experience, investment strategies and multi-gen living.

Features

  • 2 Primary Baths
  • 2 Primary Suites
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • Quartz Counters
  • Double Vanity
  • Interior Steps
  • Kitchen Island
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Recessed Lighting
  • Storage
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Cunningham
Middle School Covington
High School Crockett

Property Details

Property Type Residential
Flooring Tile, Vinyl
Cooling Central Air
Heating Central
Exterior Gutters Full, Private Yard
County Travis
MLS # 3808017
Garage 1 spaces

Tax Information

Annual Taxes (MLS) $5,497 (2021)

Listing History

MLS# 3808017 7 days (5 CDOM)
Apr 15, 2022 Off Market
Mar 3, 2022 Listed $1,400,000

Frequently Asked Questions About 2203 Mimosa DR, Austin TX 78745

When was 2203 Mimosa DR, Austin TX 78745 built?

2203 Mimosa DR, Austin TX 78745 was built in 2021.

How much does 2203 Mimosa DR, Austin TX 78745 cost?

2203 Mimosa DR, Austin TX 78745 sold on April 15, 2022. Contact us for sale price details.

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