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$234,370

NAL Estimated Property Value

1928 Bridge, Brady, TX, 76825

Off MarketInfo
CommercialInfo
Baths2,700 Sq Ft
price_per_sqft$74.07 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

FlooringTile

Exterior

Lot Size18,774 sqft

Building Information

Year Built1970

Land Information

APN23753
Land UseCommercial
Legal Description16-18 6STANBURN
Census Tract950300
Assessed Land Value$48,250
Assessed Improvement Value$186,120
Assessment Year2025

About this property

Outstanding location on south Highway 87 in the busy retail and economic area of Brady. Formerly a popular restaurant, this is a 2700 square foot shell building is divided into essentially three equal rooms. On a .473 acre lot, it has 12,000 square feet of parking and 900 square feet under canopy. A solid building, commercially zoned, and ready to be redeveloped. Asking price is $200,000.

Investor Tools

Property Icon
$234,370
Estimated Property Value
$125,545Estimated Mortgage Balance
$108,825Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,406 /month
Positive
Cash Flow Estimate:
$469 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,303
$234,370
2025
$48,250
$186,120
$234,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,303
$234,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Commercial National Bank Of Brady
Commercial
$141,600
No
First
Jul 13, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,545
$108,825
46%
54%
$849/mo

Learn About the Market: Opportunity in Texas

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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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1928 Bridge | Property Details | No Agent List