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Alice Acres

Learn about the people, housing, costs and businesses in Alice Acres, Texas

Median Home$164,200
Median Rent$859/month
Population522
Leading IndustriesManufacturing · Agriculture & Mining · Wholesale Trade7% manufacturing
Home Value Growth⬆⬆+14.1% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners82% of occupied units
Alice Acres
TX

Frequently Asked Questions

What are today's mortgage rates in Alice Acres?

As of today, the 30-year fixed mortgage rate for Alice Acres is approximately 6.946% (6.984% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Alice Acres?

The median home value in Alice Acres is $164k. The median monthly rent is $859. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alice Acres?

Home values in Alice Acres have increased 14.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Alice Acres?

Based on a typical all-in ownership cost of $811/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alice Acres is $66k/year.

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What industries drive the economy in Alice Acres?

The largest employment sectors in Alice Acres are public administration (30%) and agriculture and mining (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.