Last 24 Hours
$175,000
72 N. Wright, Alice, TX, 78332
$227,500 ARV
On Market
Commercial
— Beds
— Bath
2,992 Sq Ft
$58.49 / sqft
Built in 1982Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Exterior FeaturesLandscaping
Land Information
APN1110013500000
Lot Number4-6
Land UseCommercial
Legal DescriptionALICE TOWNSITE W30' OF N50' LT 4; N50' LTS 5,6 BLK 16 0000.000
Census Tract950400
Assessed Land Value$13,400
Assessed Improvement Value$90,411
Assessment Year2025
About this property
Prime 2,922 SF commercial building on a high-visibility corner lot in the heart of Alice,TX. Solid brick, single-story construction with flat foundation with stunning historic aesthetic design. Features 4 exam rooms plus a private office, spacious reception area, filing room, abundant storage, 2 restrooms, dual lobby areas, front and rear parking, 2 AC units, and a new water heater. Roof and electrical have been recently updated and are up to code. Ideal for medical, legal, salon, boutique, or other professional use. Call today to schedule your showing!
Investor Tools
$41,928Estimated Mortgage Balance
$61,883Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$227,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,776
$103,811
2025
$13,400
$90,411
$103,811
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,776
$103,811
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Bank
Commercial
$59,000
No
First
Jun 14, 2013
Jun 2017
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,928
$61,883
59%
40%
$354/mo
12.4%