Property summary
This exceptional 71.5-acre property in Alice, Texas, presents a remarkable opportunity for residential development. Comprising two contiguous tracts (33.4 acres and 38.1 acres), this land boasts 2,400 feet of frontage along Lattas Creek and is ideally situated for a substantial residential community. The site is zoned for residential use and offers existing infrastructure, including a 6-inch water line and an 18-inch sewer trunk line along Nopal Street, facilitating the construction of 250 or… more homes. The property's location is highly advantageous, situated 1.4 miles south of Texas Highway 44 (providing direct access to Corpus Christi) and 4.0 miles east of US-281 (connecting San Antonio and McAllen). The Alice Independent School District serves the area. The property's tax rate is 2.719313. Approximately 25% of the land is located within a flood area. The site is conveniently located within 0.0 miles north of existing residential density, representing a natural continuation of the Stonegate community. Potential buyers may explore various financing options, including PID/TIRZ bond financing, seller financing, and land participation arrangements. The seller may also consider selling the tracts individually or developing finished lots with pre-arranged lot contracts. The Alice Economic Development Corporation's 2023 Housing Report indicates a significant undersupply of housing in Alice, with a shortage of 929 units priced over $200,000 and 244 units over $300,000, underscoring the strong market demand for this type of development. Stormwater drainage flows down the center of the property to a 24-inch storm drain along Lattas Creek. Alice does not utilize lift stations.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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