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$307,000

NAL Estimated Property Value

296 County Road 1601, Alice, TX, 78332

$399,100 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,578 Sq Ft
price_per_sqft$120.21 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size2.10 acres

Land Information

APN1200307300000
Lot Number17
Land UseResidential
Legal DescriptionLOMA LINDA EAST S/D LT 17 BLK 5 0002.100
Census Tract950201
Assessed Land Value$21,000
Assessed Improvement Value$146,705
Assessment Year2025

About this property

Situated on approx. 2.1 acres just outside the city limits, this spacious one-story brick home offers exceptional versatility, privacy, and charm. With 3 bedrooms, 2 full baths, and a thoughtfully designed split-bedroom layout, this home includes multiple living and dining areas—featuring a large living room and an additional bonus room currently outfitted with a pool table, perfect for game nights or casual entertaining. The expansive kitchen is a standout, offering granite countertops, custom cabinetry, a breakfast bar, tile backsplash, and vaulted ceilings with a skylight that fills the space with natural light. The primary suite boasts a tiled walk-in shower and an oversized jetted tub. Step outside to enjoy a covered patio ideal for gatherings, an enclosed patio for year-round comfort, and two storage buildings—one metal and one wood—providing ample space for tools, equipment, or hobby use. The landscaped yard is dotted with mature oak and mesquite trees, and the property layout offers plenty of space for large outdoor get-togethers with room for many guests. Horses and goats are allowed, adding to the appeal of relaxed country living. Practical upgrades include hurricane shutters, an all-electric setup with a two-stage A/C system (2017/2018), a composition shingle roof (2018/2019), and a double-gated entrance. The home also features a 2-car carport with additional parking, concrete asphalt driveway, two separate septic systems, and city water. Located in Alice ISD, with the option for San Diego ISD. No HOA.

Investor Tools

Property Icon
$307,000
Estimated Property Value
$69,404Estimated Mortgage Balance
$237,596Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$399,100
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,859 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,172
$167,705
2025
$21,000
$146,705
$167,705
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,172
$167,705

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Green Tree Servicing Llc
Stand Alone First / Home Equity First Lien
$92,000
No
First
Apr 9, 2015
May 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,404
$237,596
77%
23%
$0/mo

City: Alice

296 County Road 1601 | Property Details | No Agent List