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$88,000

NAL Estimated Property Value

503 Oliver Street, Alice, TX, 78332

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths569 Sq Ft
price_per_sqft$161.69 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Oven, Electric Range, Microwave
FlooringVinyl

Land Information

APN1184000200000
Lot Number3
Land UseResidential
Legal DescriptionKINGSVILLE ROAD ADDN LT 3 BLK 1 0000.000
Census Tract950600
Assessed Land Value$1,213
Assessment Year2025

About this property

With the seller offering to pay $5000 towards the buyers closing costs, WHY RENT WHEN YOU CAN OWN?? This affordable, STILL UNDER CONSTRUCTION 1-bedroom, 1-bath home is a great opportunity! Perfect as a primary residence, rental property, or weekend getaway. Located on a spacious lot with a huge backyard, this home sits in a quiet neighborhood where city street improvements are currently underway to enhance walkability. Inside, you’ll find luxury vinyl flooring throughout (no carpet!), stainless steel appliances, and indoor laundry—no more trips to the laundromat! Two energy-efficient mini-split AC units keep the home cool while keeping utility costs low. To top it off, the home comes with a new construction warranty for added peace of mind. Don’t miss your chance to own this little gem—schedule your showing today!

Investor Tools

Property Icon
$88,000
Estimated Property Value
$85,070Estimated Mortgage Balance
$2,930Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$552 /month
Positive
Cash Flow Estimate:
$184 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$39/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$32
$1,213
2025
$1,213
N/A
$1,213
No

Tax History

Year
Tax Paid
Assessed Value
2025
$32
$1,213

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$85,440
No
First
Jan 30, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,070
$2,930
3%
97%
$513/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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