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Alice, TX Multifamily Homes & Duplexes for Sale

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  • /6

    $260,000

    • 1,740 Sq Ft

    602 E 4th St, Alice, TX 78332

    2 STORY YELLOW BUILDING 1 UNIT UP , 1 UNIT DOWN AND BLUE BUILDING 1 UNIT SIDE BY 1 UNIT SIDE DUPLEX HOUSING APARTMENTS. RENTAL MULTIFAMILY APARTMENTS.

    Jorge Rivas REALM Real Estate Professionals - Sugar Land

    602 E 4th St, Alice, TX 78332
  • /26

    $540,000

    • 8,375 Sq Ft

    7504 U S 281, Alice, TX 78332

    Amazing investment property with a great location! This is a newly remodeled 10 unit apartment complex right off highway 69C/281 with new roof, AC'S and water heaters. There is 4 bedroom/4.5 bath, 3 bedroom/2 bath, 2 bedroom/1 bath and several one bedrooms and studio's. 100% occupied.

    Sabita Mahtani Key Realty

    7504 U S 281, Alice, TX 78332

Why Live in Alice

Alice, Texas, known as the "coyote capital of Texas," is a small city located about an hour from Corpus Christi. Historically significant for its oil industry, railroads, and cattle ranching, Alice has faced economic challenges and a declining population, now around 17,500. Recent reinvestments in parks and homes aim to revitalize the area. The city boasts 12 parks, including the recently reopened natatorium and waterpark in partnership with YMCA, an 18-hole municipal golf course, and Heldt Park with its new stage for outdoor concerts. Lake Findley, 2 miles north, is popular for fishing and hiking. Alice's housing market features established ranch-style homes, some requiring repairs, and land plots ranging from $25,000 to $100,000 per acre. Education options include Alice Independent School District, which offers career and technical education courses, and Coastal Bend College for trade certifications. Major employers include Halliburton and Spohn Hospital. Downtown Alice has a mix of boutiques, antique stores, and music shops, with dining options like King Street Grill and various Mexican restaurants. Community engagement is strong through civic clubs and church activities. Alice faces flood risks, particularly around Lake Findley and Lattas Creek.

Home Trends in Alice, TX

Housing Trends

Median Sale Price
$211,000
Median Single Family Sale Price
$215,000
Average Price Per Sq Ft
$200
Number of Homes for Sale
5
Last 12 months Home Sales
24
Months of Supply
2.50
Median List Price
$215,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-27%
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