8-Unit Apartment
For Sale
Contact for pricing
Pending
1005 Southgate Dr, Brady, TX 76825
Fully occupied apartment property near local employers and public schools.
Property SizeContact for details
Days on Market482
Property Features for 1005 Southgate Dr
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Additional Details
Cap Rate
9.5%
Highway Access
Yes
Multifamily Units
8
Building Details
Year Built
1976
Buildings
1
Stories
1
Units
8
Listing Agency:
Keller Williams Realty
Listed By:
Greg Brownd · License #TX 596497
(806) 771-7710
Source:
Crexi
Added: May 9, 2025
Changed: Sep 2
Last Checked: Sep 1 at 12:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
Investment Insights
Based on property information with market context.
Built in 1976, this apartment property contains 8 units and is currently 100% occupied. The asset is being offered for sale with a reported 9.5% cap rate based on actuals.
The property is located in Brady, TX, near U.S. Highways 87, 190, and 377. Brady Elementary, Middle, and High School are within 0.5 miles, while the Heart of Texas Healthcare System, City of Brady, and West Texas Rehabilitation Center are identified as nearby employers.
The property is located in Brady, TX, near U.S. Highways 87, 190, and 377. Brady Elementary, Middle, and High School are within 0.5 miles, while the Heart of Texas Healthcare System, City of Brady, and West Texas Rehabilitation Center are identified as nearby employers.
Key Highlights
- 8‑unit apartment property built in 1976
- 100% occupied
- 9.5% cap rate on actuals
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
Demographics for 76825, TX
6,592
Population
3,414
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
82%
High-School Grad
479.1 sq mi
ZIP Area
14
Density / Sq Mi
$50,766
Median Household Income
$30,139
Median Earnings
$837
Median Rent
$99,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied apartment property near local employers and public schools.
Where is this apartment building located?
The property is located at 1005 Southgate Dr Brady, TX.
What are key features of this property?
This property features: 8‑unit apartment property built in 1976; 100% occupied; 9.5% cap rate on actuals
