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B+
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Days11Days on Market
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$410,000

$425,000

307 E Loop Dr, Brady, TX, 76825

On MarketInfo
Just AddedInfo
Price DropInfo
Beds1 Beds
Baths1 Bath
Baths1,131 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$362.51 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesRefrigerator
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesPrivate Entrance, Private Yard, Storage
Lot Size22,128 sqft

Building Information

Year Built1980
Garage Spaces2

Land Information

APN23449
Land UseResidential
Legal Description1,2 & 4 6SIMPSON LAKE
Census Tract950400
Assessed Land Value$30,340
Assessed Improvement Value$159,700
Assessment Year2025

About this property

Where the fish stories get bigger, the gatherings get louder, and the sunsets steal the show. Situated on three lots at Simpson Lake Club, this Rock Home and Enormous 40' x 60' Shop combination is the ultimate Brady Lake retreat. The move in ready one bedroom home features an open layout, metal roof, and welcoming spaces designed for easy lake living. The massive party barn takes center stage, offering an incredible entertaining area, enormous bar and serving area, plus a private apartment with a bedroom, bath, and walk in closet for other family members or guests. The covered patio off the home is truly a third living room, with stained concrete and a view of the spacious well watered yard and well lake. Add in a spacious insulated shop with electricity and roll up door, large lofted area with stairs for so much storage, covered parking, custom welded fencing around the entire property and room to roam, and you've got a property built for making memories. Whether it's weekend fishing trips, family reunions, or simply enjoying the slower pace of lake life, this place is ready to become everyone's favorite destination.

Investor Tools

$0Estimated Mortgage Balance
$190,040Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

Interested in this property?

McKenna Behrens

Heartland Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,902
$190,040
2025
$30,340
$159,700
$190,040
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,902
$190,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$190,040
100%
0%
$0/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.

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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307 E Loop Dr | Property Details | No Agent List