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$199,000

900 N Johnson Street, Alice, TX, 78332

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size5.83 acres

Land Information

APN1108507600000
Land UseAgriculture / Farming
Legal DescriptionALICE FARM LOTS F/B 69,70 0005.826
Census Tract950500
Assessed Land Value$145,650
Assessment Year2025

About this property

Prime opportunity in the heart of Alice! This unique 5.819 acre property offers a rare blend of commercial and residential zoning, making it ideal for investors, business owners, or those looking to build a live/work setup. The property includes 1.158 acres zoned B-3 (Commercial), perfect for a wide range of business uses such as office space, retail, service-based businesses, or even a small trucking or logistics operation. The remaining 4.661 acres zoned R-1 (Single-Family Residential) provides ample space for residential development, employee housing, or building your own home right next to your business. Located in a small-town market, this property opens the door to grant funded development opportunities, including community focused projects, workforce housing, small business expansion, or mixed-use concepts. With increasing demand for local services and housing, the potential here is wide open. Whether you're an entrepreneur looking to establish roots, an investor seeking versatile land, or someone wanting the convenience of living where you work, this property checks all the boxes! Survey on file!

Investor Tools

$0Estimated Mortgage Balance
$145,650Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

Interested in this property?

Amber Bozeman

KM Premier Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,589
$145,650
2025
$145,650
N/A
$145,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,589
$145,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$145,650
100%
0%
$0/mo

City: Alice

900 N Johnson Street | Property Details | No Agent List