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$254,000

706 E Hill Ave, Alice, TX, 78332

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,836 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.34 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Must-SellHigh Equity

About this property

Beautiful home on a spacious lot near local stores, downtown, and local restaurants. Home features two living areas, a formal dining area and a spacious yard. Home is being sold with furniture and appliances. A/C unit inside and outside less than a year old. The water heater is less than 3 years old. Call today for more information.

Investor Tools

Property Icon
$251,000
Estimated Property Value
$240,000Estimated Mortgage Balance
$53,320Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,524 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$989
$120,361
2025
$3,751
$116,610
$120,361
No

Tax History

Year
Tax Paid
Assessed Value
2025
$989
$120,361

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community First National Bank
Fha
$240,000
Yes
First
Dec 1, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,062
$51,938
20%
79%
$1,292/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.

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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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706 E Hill Ave | Property Details | No Agent List