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$188,000

NAL Estimated Property Value

220 W 7th Street, Alice, TX, 78332

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths932 Sq Ft
price_per_sqft$214.06 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Oven, Electric Range
FlooringVinyl

Exterior

Exterior FeaturesNone

Land Information

APN1133501500000
Lot Number6,7
Land UseResidential
Legal DescriptionCRAIG PARK ADDN. W/2 LT 6;LT 7 BLK 2 0000.000
Census Tract950500
Assessed Land Value$4,410
Assessed Improvement Value$70,549
Assessment Year2025

About this property

This stunning home sits on two lots and features 3 spacious bedrooms, 2 updated baths, and modern upgrades throughout. Highlights include a brand-new roof, sheetrock, insulation, tile flooring, fresh paint, granite countertops, new kitchen cabinets, stylish light fixtures, recessed decorative ceilings, indoor laundry room, large closets, new central air and heat system, new water heater and plenty of outdoor space. This home will be move-in-ready in just a few weeks.

Investor Tools

Property Icon
$188,000
Estimated Property Value
$1,094,701Estimated Mortgage Balance
$188,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,197 /month
Positive
Cash Flow Estimate:
$399 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,748
$74,959
2025
$4,410
$70,549
$74,959
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,748
$74,959

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Stand Alone Second / Subordinate Position
$930,000
No
First
May 29, 2025
Jun 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,094,701
N/A
0%
582%
$6,671/mo

City: Alice