300 S Walnut
About This Property
Great opportunity in Brady! Two recently cleared and surveyed lots are available at 300 and 302 S Walnut Street. Each lot is approximately 0.127 acres and offered separately at $22,000 each, with the seller willing to consider a deal for a buyer purchasing both lots together.
Water, sewer, and electricity are available, making these lots a great option for a new homesite, investment property, or future development. With the lots already cleared and surveyed, much of the initial preparation has been completed.
Purchase one lot or combine both for approximately 0.254 acres and additional space and flexibility.
Conveniently located in the Heart of Texas. Bring your building plans and take advantage of this ready-to-go opportunity!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Listed by Always Here Properties, LLC | $22,000 | |
| Listed by Always Here Properties, LLC | |||
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About Brady
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Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21377245
Details provided by NTREIS and may not match the public record
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