TBD N Hwy 281, Alice, TX, 78332 | Equity Gain $3,543/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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TBD N Hwy 281, Alice, TX, 78332 | Equity Gain $3,543/yr | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Alice at TBD N Hwy 281, Alice, TX, 78332 listed at $549,000 pairs $816/mo rent with a $2,687/mo payment. Total monthly income runs $816/mo. Return on cash invested measures -0.46% in year one, and rental yield registers 1.78% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $816/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in N/A

60 Acres lot

$N/A/sqft

No HOA

More details about the property

DB Farms 60 acres - Jim Wells County Unrestricted Farmland with Commercial Potential Discover the unmatched versatility of DB Farms, a 60-acre tract of unrestricted, unimproved farmland located just 8 miles north of Alice, Texas. Situated in the heart of Jim Wells County, this highly desirable property offers both agricultural and commercial potential. With approximately 1,750 feet of frontage on Hwy 281 and 1,400 feet along CR 240A, DB Farms boasts exceptional accessibility and visibility. The east boundary fronts the major thoroughfare of Hwy 281, while the south boundary lies along the low-traffic, dead-end CR 240A - offering easy access with minimal disturbance. The land is cleared, cultivated, and currently being offered with a lease in place. Currently planted in sesame, the property features a variety of well-draining sandy loam soils ideal for farming. Its open layout and quality soil make it perfect for continued agricultural use or future development. In addition to its farming appeal, the unrestricted zoning and strategic location along a major highway make this property a prime candidate for commercial ventures, storage facilities, or a mixed-use development. The area also supports abundant wildlife, including whitetail deer, feral hogs, and dove. Whether you're looking to farm, invest, or develop, DB Farms offers a rare opportunity to own productive land with multiple possibilities just minutes from town. List Price: $549,000. Surface offering only. The property is currently under farm lease to an established area tenant. Seller to provide survey and standard title policy.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78332, Alice, TX area.

Housing Distribution

Housing Statistics

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