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$120,823

NAL Estimated Property Value

50 N Johnson St, Alice, TX, 78332

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths1,104 Sq Ft
price_per_sqft$113.22 / sqft
Year BuiltBuilt in 1900

About this property

PERFECT CORNER COMMERCIAL LOT! The beginning or the ending of Main Street right on business 281 known as N. Johnson Street. So many Possibilities for this perfect Commercial Spot.

Investor Tools

Property Icon
$120,823
Estimated Property Value
$0Estimated Mortgage Balance
$120,823Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$750 /month
Positive
Cash Flow Estimate:
$250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,231
$120,823
2025
$87,954
$32,869
$120,823
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,231
$120,823

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$120,823
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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: Alice

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50 N Johnson St | Property Details | No Agent List