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Days141Days on Market
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$15,001

1216 Mulberry, Brady, TX, 76825

On MarketInfo
Baths0 Bath
Baths1,998 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2025

Property Lead Type:

High Equity

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone

Exterior

Lot Size5,998 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APNM3920-00-003-0040-00
Lot Number40
SubdivisionMid Point Manor Estates
Land UseResidential
Legal DescriptionMID POINT MANOR ESTATES LOT 40 BLK 3
Census Tract022301
Assessed Land Value$43,800
Assessed Improvement Value$195,998
Assessment Year2025

About this property

Cleared, grassy lot with beautiful live oak in front! Potential building site. New survey. Neighboring lots (side and to the back also for sale). Call for more details on zoning possibilities.

Investor Tools

$226,331Estimated Mortgage Balance
$28,669Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

Jesica Enger

Heartland Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$631/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,300
$239,798
2025
$43,800
$195,998
$239,798
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,300
$239,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Fha
$235,406
Yes
First
Feb 19, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,331
$28,669
11%
89%
$1,501/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,141/mo
$1,501/mo
$-360/mo
5.4%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Brady

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1216 Mulberry | Property Details | No Agent List