1005 Southgate Dr

For Sale

1005 Southgate Dr, Brady, TX 76825

This Brady property for sale is located at 1005 Southgate Dr. The current listed sale price for 1005 Southgate Dr is $259,000. 1005 Southgate Dr is situated on a lot that is 0.43 acre in size.

Contacts

broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 4,200 SF
  • Units 8
  • Lot Size 0.43 Acre
  • Year Built 1976
  • Date Updated Aug 25, 2025
Brady, TX is centrally located along U.S. Highways 87, 190, and 377, making it a key connection point between Central and West Texas. The Southgate Apartments are just minutes from major local employers like the Heart of Texas Healthcare System, the City of Brady, and the West Texas Rehabilitation Center. The property is also within 0.5 miles of Brady Elementary, Middle, and High School, making it ideal for families and local workers."The Go-Getters Multifamily Team is proud to present the exclusive listing of The Southgate Apartments. This 8-unit property was originally built in 1976 and offers a strong value-add investment opportunity. Currently 100% occupied, the property provides day 1 cash flow with a 9.5% cap rate on actuals, making it an attractive option for investors seeking immediate returns. In addition to the strong in-place performance, below-market rents offer clear upside potential through strategic rent increases and operational improvements.
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Highlights

  • 100% Occupancy
  • 9.5% Cap Rate on Actuals
  • Large Rental Upside

Getting around

  • 22/100

    Walk Score ®

  • 32/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Brady, TX
  • Zip Code 76825

Points of Interest

  • Alon

    0.62 miles

  • Valero

    1.11 miles

  • Holiday Inn Express and Suites

    0.91 miles

  • Walmart Supercenter

    1.01 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Greg Brownd

The Go-Getters Multifamily with KW Commercial

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