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$151,000

NAL Estimated Property Value

205 Lackey Street, Brady, TX, 76825

$196,300 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,083 Sq Ft
price_per_sqft$76.33 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size17,947 sqft

Land Information

APN36349
Land UseResidential
Legal DescriptionPT OF 1RG SLAUGHTER 1413-399 WELLEGEHAUSEN RETURNED MAIL NOVEMBER 2019
Census Tract950400
Assessment Year2025

About this property

GREAT LOCATION! RARE FIND!!! Home is on 1 acre outside the city limits. Beautiful 3 BR, 2 BA rock & brick home with CH-CA and an excellent metal roof. The home features a large living area and a very large sunken den with fireplace. The nice size bedrooms with ample closet space. The master bath features a sunken garden tub and a huge walk-in closet. Utility room is centrally located, lots of shelving and clothing rod. Fresh paint job throughout most of the inside and the outside. Also, the kitchen has a commercial style refrigerator, brand new stainless steel dishwasher and electric stove. There is a 2-car carport that provides parking in front, shop rear of home. It's a rare find on the edge of town.

Investor Tools

Property Icon
$151,000
Estimated Property Value
$122,526Estimated Mortgage Balance
$28,474Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$196,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$954 /month
Positive
Cash Flow Estimate:
$318 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$75/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$151
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2022
$151
N/A

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Financial Inc
Fha
$142,373
Yes
First
May 7, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,526
$28,474
18%
81%
$854/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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205 Lackey Street | Property Details | No Agent List