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$288,680

NAL Estimated Property Value

1505 Simpson, Brady, TX, 76825

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,800 Sq Ft
price_per_sqft$71.25 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Range, Refrigerator
FlooringLaminate, Wood

Exterior

Exterior FeaturesStorage
Lot Size1.53 acres

Building Information

Year Built1940
Garage Spaces3

Land Information

APN25854
Land UseResidential
Legal Description357 2293FISHER & MILLER
Census Tract950300
Assessed Land Value$47,120
Assessed Improvement Value$241,560
Assessment Year2025

About this property

This lovely craftsman home sits on 1.5 ac. of land with some large oak trees. The house is a 3 or 4 bedroom with 2 baths. The bathrooms have been remodeled. Lots of extra storage. This house has a new roof, a sprinkler system, and a 3 car garage with shop in back. The land also has a RV hook-up. A must see, move in ready lovely find.

Investor Tools

Property Icon
$288,680
Estimated Property Value
$181,347Estimated Mortgage Balance
$107,333Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,732 /month
Positive
Cash Flow Estimate:
$577 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,928
$288,680
2025
$47,120
$241,560
$288,680
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,928
$288,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$202,482
No
First
Dec 14, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,347
$107,333
37%
63%
$1,214/mo

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.

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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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1505 Simpson | Property Details | No Agent List