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$220,000

Beds
3
Baths
2.0
sq ft
1,760

721 N King St, Alice, TX 78332

721 N King St

Alice, TX 78332

  • 388 days on market
    • Price drop $5,000↓
Charming 3/2 home in Alice, TX, boasting ample space and modern amenities. Situated on a corner lot over a quarter of an acre, this property offers privacy and potential. With industry booming in the area, it's the perfect investment opportunity. Enjoy the convenience of a 2-car garage and a barn to the rear of the home, ideal for a workshop. Plus, benefit from being in a great school district. Don't miss this chance to own a piece of Texas charm!

Details

Property type

Single Family Residence

Est. home value

$169,322

Lot size

0.27 acres

Price per sq ft

$125

Year built

1980

HOA

No

Price History

01/30/2025
SouthTexasMLS

SouthTexasMLS #435320

Price change
$220,000
-2.22%
01/14/2025
SouthTexasMLS

SouthTexasMLS #435320

Price change
$225,000
-6.25%
02/16/2024
SouthTexasMLS

SouthTexasMLS #435320

Listed
$240,000

Schools & Community

Elementary school: 

Alice

Middle school: 

Alice

High school: 

Alice

High school district: 

Alice ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$92,265
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$110,135
Cash to seller
$92,265

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

March 2023

Original loan amount

$112,917

Est. remaining balance

$110,135

Interest rate

6.15%

Loan type

FHA, 30 year

Seller

Jason Hector Alvarado and Christy Cortez Alvarado

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/10/2025 at 6:10 AM

Listing updated: 02/06/2025 at 3:21 PM

Listed by: Frank Holdiness, eXp Realty LLC Phone #: (888) 519-7431

MLS: SouthTexasMLS #435320

SouthTexasMLS logo

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