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$385,660

NAL Estimated Property Value

1600 Simpson Street, Brady, TX, 76825

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,299 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.46 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Range

Exterior

Lot Size13,678 sqft

Building Information

Year Built1920
Garage Spaces2

Land Information

APN25859
Land UseResidential
Legal Description357 2293FISHER & MILLER LESS 100X100
Census Tract950300
Assessed Land Value$26,630
Assessed Improvement Value$359,030
Assessment Year2025

About this property

Exquisite Craftsman home, built in 1920, with great attention to craftsmanship and evidence of pride in ownership grace this home every single year. With a quiet street in front, guest quarters in the rear, and backing up to pasture, this property is prime. The classic Craftsman porch beckons one to stay a while, then entering to discover original hardwoods, sliding doors, crown moulding, and hardware throughout. There are two living areas, each offering comfortable seating layouts, a beautiful primary bedroom suite with walk in closet, soaking tub, tiled shower, and granite counters. The office is stellar, with built in cabinets, and natural light. The full bathroom downstairs has tile, granite, and looks luxe. Upstairs is perfect for a spacious kids room, a closet, half bathroom and window seats with a view below. Outside is wonderful for entertaining with outdoor kitchen, fenced yard, detached double garage, and complete with 224 sq ft guest room, bath, and kitchenette. Stunning.

Investor Tools

Property Icon
$385,660
Estimated Property Value
$266,639Estimated Mortgage Balance
$119,021Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,314 /month
Positive
Cash Flow Estimate:
$771 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,129
$385,660
2025
$26,630
$359,030
$385,660
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,129
$385,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$280,250
No
First
Sep 11, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,639
$119,021
30%
69%
$1,681/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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1600 Simpson Street | Property Details | No Agent List