Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Brady, TX Land Opportunity Title is generated by Realmo AI

    903 East 11th Street, Brady, TX 76825

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Land available within city limits, offering convenient access.

    Type:Lots & Acreage / Unimproved Land
    Property size:
    3,136 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $1.59/SF
    Added:
    May 15, 2025
    Days on Market:
    385
    Last Refresh:
    Mar 13 at 5:57 pm

    Property Features for 903 East 11th Street

    General Information

    Standard status
    Active
    Size
    3,136 SF
    Lot size
    0.07 Acres
    Property subtype
    Lots & Acreage / Unimproved Land

    We can help!

    Listing Contact
    Lindsey Stroebel
    Lindsey Stroebel

    Listing agent Lindsey Stroebel License #0779344

    Listing office Texas Prime Country

    Listing date May 15, 2025

    Source Compass

    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 Texas Prime Country

    HighLights

    • Located within city limits
    • Easy access to local amenities
    • Affordable price point
    • Ready for development
    • Full of potential
    • Convenient location

    Overview

    This lot, located within city limits, offers convenient access to local amenities. The property has a size of 3136 square feet and presents an opportunity for future development.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Brady
    County
    McCulloch
    State
    Texas
    Longitude
    -99.32782
    Latitude
    31.126145

    Nearby Similar for Sale

    • $499,000
      7,080 SF

      Historic Downtown Retail and Office Buildings

      Three restored storefront buildings connected into one move-in-ready space with office, kitchenette, and restrooms for customer-facing use.
      107, 109, 115 W Commerce Street, Brady, TX 76825
      View Details
    • $259,900
      2,108 SF

      Turn-Key Restaurant Storefront

      Turn-key food-service setup with high-visibility exposure on a major South Bridge Street address in Brady, Texas.
      2105 S Bridge Street, Brady, TX 76825
      View Details
    • $285,000
      3,680 SF

      Commercial Property on South Bridge

      Versatile commercial property on 0.735 acres in Brady, Texas.
      2001 S Bridge St, Brady, TX 76825
      View Details
    • $119,000

      Move-In Ready Retail Storefront

      Renovated retail space with dedicated off-street parking and updated systems, designed for visibility and flexible back-of-house use.
      210 N Bridge, Brady, TX 76825
      View Details
    • $125,000

      Updated Salon-Style Commercial Building

      Move-in-ready commercial space with modern finishes and a flexible layout for service businesses, in a high-visibility downtown spot.
      1404 S Bridge Street, Brady, TX 76825
      View Details
    • $225,000

      Hospitality-Ready Office Building

      Austin stone building with multiple rooms and a full kitchen, positioned for office or lodging concepts.
      104 E 5th Street, Brady, TX 76825
      View Details
    • $375,000

      Historic Restaurant with Office Potential

      A two-level historic building with a finished restaurant downstairs and flexible, unfinished space upstairs.
      101 E Main Street, Brady, TX 76825
      View Details
    • $200,000

      Multi-Zoned Commercial Land Opportunity

      Nearly three acres offered with commercial, multi-family, and single-family zoning potential in Brady.
      1304 S high Street, Brady, TX 76825
      View Details
    • $1,558,200

      Ranch Land with Highway Frontage

      A versatile hunting, recreation, and livestock ranch with gated access, improved facilities, ponds, and extensive frontage along US Highway 87.
      3873 N US Highway 87, Brady, TX 76825
      View Details
    • $599,000

      Prime Hunting Land with Oak Cover

      111-acre tract offers predominantly oaks, established wildlife cover, and multiple outbuildings for a ready weekend getaway.
      County Road 152, Brady, TX 76825
      View Details
    • $1,927,500

      Hunting Land Tract with Paved Access

      257 acres of oak-juniper cover and open areas with paved frontage and on-site water and power for wildlife-focused use.
      Tract 2 2050 W 17th Street, Brady, TX 76825
      View Details
    • $2,699,950

      Hunting and Development Land Tract

      Recreation-ready land near Brady offers productive deer habitat plus paved frontage and water/electric access for possible development.
      2050 W 17th Street, Brady, TX 76825
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land available within city limits, offering convenient access.
    Where is this commercial land located?
    The property is located at 903 East 11th Street Brady, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Located within city limits; Easy access to local amenities; Affordable price point
    (325) 597-2300
    We can help!
    Listing Contact
    Lindsey Stroebel
    Lindsey Stroebel
    Real Estate License ID: 0779344
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    903 East 11th Street, Brady, TX 76825
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!