Is Alice, TX a good place to invest in rental property?

Alice, TX has a median modeled monthly cash flow of $-382 and a median cap rate of 3.7%, on a median sold price of $192,000. Prices changed -3.6% year over year.

What is the average cap rate in Alice, TX?

The median cap rate across recently sold homes in Alice, TX is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Alice, TX?

The median sold price in Alice, TX is $192,000 (about $122 per square foot).

Investing in Alice, TX Real Estate

A data-driven snapshot of the Alice, TX rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$192,000Median sold price

$122Median $/sqft

3.7%Median cap rate

$-382Modeled cash flow / mo

-3.6%Appreciation YoY

16.2Months of supply

132Active listings

98Sold (last 12 mo)

What the Alice numbers say

In Alice, TX, the median home sold for $192,000 (about $122 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-382 of monthly cash flow. Sold prices moved -3.6% over the past year. Inventory sits at about 16.2 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Texas markets to compare

See Alice cash-flowing listings

CashFlowRE ranks every for-sale home in Alice, TX by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Alice deals, or browse the national market data.