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$225,000

400 Hobbs Ave, Alice, TX, 78332

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,506 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.4 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
FlooringTile

Exterior

Exterior FeaturesNone
Lot Size5,521 sqft

Building Information

Garage Spaces2

Land Information

APN1108589500000
Lot Number1
Land UseResidential
Legal DescriptionALICE FARM LOTS LT 1 F/B 141-A 0000.000
Census Tract950600
Assessed Land Value$3,213
Assessed Improvement Value$86,411
Assessment Year2025

About this property

Welcome to 400 Hobbs, a well-maintained 3-bedroom, 2-bath home offering 1,506 sq. ft. of living space on a corner lot. Built in 2017, this home features a functional floor plan with tile flooring throughout the main living areas. The spacious kitchen offers granite countertops, abundant cabinetry, a large breakfast bar, and pendant lighting overlooking the living and dining area. Decorative ceilings add character throughout the home, while the attached garage provides convenient parking and additional storage. The home is also equipped with solar panels, offering an added energy-efficient feature. With modern finishes and comfortable living spaces, this home is ready for its next owner!

Investor Tools

$134,598Estimated Mortgage Balance
$37,402Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Kayley Pena

Jan Erwin Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$862
$89,624
2025
$3,213
$86,411
$89,624
No

Tax History

Year
Tax Paid
Assessed Value
2025
$862
$89,624

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Va
$151,500
Yes
First
Nov 5, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,598
$37,402
21%
78%
$909/mo

City: Alice