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Days844Days on Market
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$339,000

114-116 N 5th, Alpine, TX, 79830

$440,700 ARVInfo
On MarketInfo
CommercialInfo
Baths0 Bath
Baths4,185 Sq Ft
price_per_sqft$81 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5,658 sqft

Land Information

APN11818
Lot Number7
Land UseCommercial
Legal DescriptionOT, BLOCK 4, LOT 7
Census Tract950300
Assessed Land Value$47,002
Assessed Improvement Value$530,116
Assessment Year2025

About this property

This residential plus commercial property is nestled in historic downtown Alpine and offers 2 separate spaces that were tastefully renovated circa 2017. - 116 N. 5th (2,961 sqft) features 2 large flexible areas, 2 baths, and 2 private workspaces. Currently generating income! - 114 N. 5th (1,224 sqft) includes 2 living areas, 3 bedrooms, and 1.5 baths. Previously run as a retail boutique with a private living area in the back, it provides endless possibilities.

Investor Tools

Property Icon
$577,118
Estimated Property Value
$0Estimated Mortgage Balance
$577,118Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$440,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,463 /month
Positive
Cash Flow Estimate:
$1,154 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,175
$577,118
2025
$47,002
$530,116
$577,118
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,175
$577,118

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$577,118
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Alpine

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