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    The Largest CRE Database in the US with Over 1 Million Listings

    2050 W 17Th St Brady, TX 76825

    Sponsored
    For Sale
    $1,200,000

    Ranch - Brady, TX

    Type:Ranch
    Lot size:
    160.00 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 30 at 7:06 am

    Property Features for 2050 W 17Th St

    General Information

    Property type
    Land
    Property subtype
    Ranch
    Standard status
    Active
    APN
    27925
    Lot size
    160.00 Acres

    Building Details

    Architectural style
    Ranch

    We can help!

    Listing Contact
    John Melnar

    Grand Land Company (512) 497-8284

    Listing agent John Melnar (512) 497-8284 License #0655090

    Listing date Jan 29, 2026

    MLS# 21165550 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Brady Hunting and Development Ranch

    Located just outside of Brady, this 160-acre hunting property offers approximately 2500' of paved frontage on Fm 2028. A city of Brady waterline runs along the frontage with 2 additional taps reserved, and electricity is available in multiple areas. The eastern side of the ranch features a ridgeline providing a scenic view of Brady and the surrounding area. The land, typical of the Edwards Plateau, has 100’ of elevation change ranging from 1690’ to 1790’. It includes a combination of dense closed canopy oak-juniper woodlands and savannah-like areas with more grass cover. Below the ridgeline is an approximately 0.5-acre pond that holds water. The property has perimeter fencing except for the new western boundary, with existing fencing consisting of a combination of netwire and barbwire. Electric lines run along the frontage and across the property in a north-to-south direction. Notable wildlife includes Axis Deer, Whitetail Deer, Rio Grande Turkey, Doves, and feral hogs. The land is rich with Live Oaks and offers a well-balanced mix of dense cover and open areas, ideal for Whitetail and Axis deer. A radio transmitter tower is located on the eastern side of the property, which also has an access easement associated with it. This property presents both a private escape and investment-development opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brady
    County
    McCulloch
    State
    Texas
    Longitude
    -99.3644
    Latitude
    31.1256

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    FAQs

    What type of property is this?
    Ranch - 160-acre hunting property with development potential near Brady, Texas.
    Where is this ranch located?
    The property is located at 2050 W 17Th St Brady, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Excellent hunting property with abundant Whitetail and Axis deer.; - Approximately 2500' of paved road frontage on FM 2028.; - City of Brady waterline along the frontage with 2 reserved taps.
    (512) 497-8284
    Request Owner's contact information
    2050 W 17Th St Brady, TX 76825
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    Brady, TX 76825
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2050 W 17Th St Brady, TX 76825
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    We can help!
    Listing Contact
    John Melnar
    Real Estate License ID: 0655090
    (512) 497-8284
    Learn more
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