| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 23rd | Fair |
| Demographics | 53rd | Good |
| Amenities | 31st | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2013 Nine Rd, Brady, TX, 76825, US |
| Region / Metro | Brady |
| Year of Construction | 1977 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2013 Nine Rd Brady TX Multifamily Investment
Stabilization potential in a rural submarket where renter demand is tied to local workforce dynamics, according to WDSuite’s CRE market data, with vintage positioning that can compete against older nearby stock.
Brady’s rural neighborhood setting offers basic daily needs with limited retail and dining density by national standards, yet it remains competitive among 6 metro neighborhoods on amenity access. Investors should expect lower frequency destinations and longer trips for services relative to urban Texas metros.
The area’s housing stock skews older, but this property’s 1977 construction is newer than the neighborhood average, which can support leasing versus older comparables. Neighborhood occupancy levels are measured for the neighborhood, not the property, and are comparatively soft, making active management and targeted marketing important for maintaining stability.
Renter-occupied share is modest at the neighborhood level, signaling a thinner multifamily tenant base but also less direct competition among professionally managed assets. Within a 3-mile radius, demographic trends point to a smaller population and an aging profile in recent years, which suggests demand concentrated in workforce and long-term local households rather than rapid in-migration; this context supports a steady, relationship-driven leasing strategy.
Home values are low versus national benchmarks, which indicates a more accessible ownership market and potential competition with for-sale options. For multifamily investors, that typically means pricing discipline and retention-focused operations matter, while the rent-to-income backdrop appears manageable enough to support lease renewal strategies without overextending affordability.
Neighborhood-level crime metrics are not available for this location in WDSuite’s dataset. Without comparative ranks or national percentiles to reference, investors should rely on standard diligence steps such as municipal reports and historical leasing feedback to understand safety trends at the neighborhood level. Any observations here relate to the broader neighborhood context rather than the specific property.
This 24-unit, 1977-vintage asset sits in a rural neighborhood where multifamily demand is driven by local employment and long-term residents. The vintage is newer than the neighborhood average, which can be a competitive advantage versus older stock, though selective renovations and system updates may still be prudent. Neighborhood occupancy is measured for the neighborhood, not the property, and has been comparatively soft, so performance hinges on hands-on leasing, tenant retention, and conservative underwriting. According to CRE market data from WDSuite, rent levels and rent-to-income dynamics indicate manageable affordability pressures that can support renewal rates if pricing remains disciplined.
Relative to national benchmarks, lower home values suggest some competition from ownership; however, that context also encourages renters who value convenience and maintenance-free living to remain in multifamily. With modest amenity density and an aging local population within a 3-mile radius, investors should position the asset as dependable, workforce-oriented housing with practical upgrades that enhance durability and operating efficiency.
- 1977 vintage offers competitive positioning versus older neighborhood stock, with targeted value-add potential.
- Manageable rent-to-income backdrop supports tenant retention when paired with disciplined pricing and service.
- Rural setting with modest renter concentration favors relationship-driven leasing and operational consistency.
- Risk: softer neighborhood occupancy and more accessible ownership require conservative underwriting and proactive leasing.