The town had a school which was in operation until around 1967, when it then consolidated and the kids had the option to go to either Ringling or Ryan. Besides a school, it had at one point a grocery store, a cotton gin, blacksmith shop, church, and even a town doctor. The church operated as a Baptist church for 3/4 Sundays of the month, while the other Sunday operated as a Methodist church. It stopped around 1952 and converted to a Methodist only church and operated as a Methodist church until about 1958. Now, the only things in Grady are a couple of houses and a nice metal building serving as the community center.