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A+
NoAgentList RatingHow are grades calculated?Info
Days179Days on Market
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$309,900

296 County Road 1601, Alice, TX, 78332

$402,870 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,578 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.21 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

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

$69,404Estimated Mortgage Balance
$237,596Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$402,870
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

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.

Explore Texas Explore This Area
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: Alice

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296 County Road 1601 | Property Details | No Agent List