








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Alice at 1801 Clare Dr, Alice, TX, 78332 offers a 10.28% rental yield on a $350,000 purchase with $2,998/mo rent. Total monthly income registers $2,998/mo, and a $1,713/mo payment leaves $472/mo available for distribution. Annual cash flow reaches $5,662/yr on $116,025 to close, and return on cash invested stands at 24.79% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 130.36% and total cumulative return in cash at $151,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,998/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78332, Alice, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,155 (100%) |
| Owner Occupied HU | 6,621 (59.4%) |
| Renter Occupied HU | 3,056 (27.4%) |
| Vacant Housing Units | 1,478 (13.2%) |
| Median Home Value | $113,817 |
| Average Home Value | $161,012 |
Residential
10,120
Single Family
9,414
Multi-Family
706
Businesses
901
Date | Event | Price |
|---|---|---|
| 2025-05-17 | Listed for sale | $350,000 |
| 2025-01-21 | Listing removed | $350,000 |
| 2024-11-06 | Price change | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-17 | $6257.80 | 2.93% | $281,479 | N/A |
| 2023-05-17 | $6079.67 | N/A | $281,479 | 38.62% |
| 2022-05-17 | N/A | N/A | $203,063 | N/A |



Listed by: David Johnson • Alice Texas Real Estate
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #459269
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-05-17 15:00:49 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.