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$176,000

NAL Estimated Property Value

602 W 12th Street, Brady, TX, 76825

$204,122 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,122 Sq Ft
price_per_sqft$70.69 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop, Electric Oven
FlooringCarpet, Wood

Exterior

Lot Size13,983 sqft

Building Information

Year Built1930
Garage Spaces2

Land Information

APN21236
Land UseResidential
Legal Description5-6 15CROTHERS&WHITE
Census Tract950300
Assessed Land Value$24,780
Assessed Improvement Value$124,030
Assessment Year2025

About this property

Here is an amazing chance to bring back to life one of Brady's most wondered about homes. This charming 1930s brick home, brimming with character and potential, is a rare find. Featuring three bedrooms and two bathrooms, it boasts original Art Deco finishes and hardwood floors waiting to be uncovered beneath the existing carpet. The home offers a beautiful butler's pantry, a cozy knotty pine paneled den, and an opportunity for extra square footage on the second story. Outside, you'll find a separate two-car garage and a carriage house with a 600 square foot, one-bedroom apartment on the second level, perfect for guests or additional income. This property's timeless charm makes it an ideal canvas for remodeling.

Investor Tools

Property Icon
$176,000
Estimated Property Value
$109,327Estimated Mortgage Balance
$66,673Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$204,122
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,056 /month
Positive
Cash Flow Estimate:
$352 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,142
$148,810
2025
$24,780
$124,030
$148,810
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,142
$148,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$112,500
No
First
Oct 9, 2024
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,327
$66,673
37%
62%
$675/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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602 W 12th Street | Property Details | No Agent List