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$599,000

Est. payment - /mo

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4 Beds

3 Baths

1,798 SqFt

New

325 Grassy WAY Elm Mott, TX 76640

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Ryan Smith

HOMESTEAD AND RANCH REAL ESTATE

ryan@homesteadandranch.com +1(512) 466-1460

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,798 sqft

Price per Sqft $333

Subdivision Bode Road Add

MLS Listing ID 20990819

Style Detached

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1983

Annual Tax Amount $4,405

Lot Size 3.575 Acres

Acres 3.575

Property Sub-Type Single Family Residence

Property Description

Income-Producing Ranch Retreat on 3.5 Acres, 325 & 321 Grassy Way, Elm Mott, TX This beautifully updated ranch-style home and guest house offer the perfect blend of comfort, privacy, and built-in rental income. Together, both homes generate approximately $4,600 per month, making this an ideal investment for those seeking a move-in ready property that pays for itself. Fully remodeled and expanded four years ago, the main home at 325 Grassy Way features granite countertops throughout, durable plank flooring, spray-foam insulation, energy-efficient windows, and a new HVAC system with gas heating. The spacious master suite includes a granite walk-in shower, and a laundry room with a utility sink adds everyday convenience. The detached guest house at 321 Grassy Way offers 800 sq. ft. of beautifully finished space, including one bedroom downstairs, a loft bedroom upstairs, a full bath with walk-in shower, laundry nook, and a full kitchen with granite countertops and barn wood accents. A vaulted timber-framed entry and ductless mini-split system create a cozy, efficient retreat. This unit is ideal for Airbnb or long-term rental, with its own address, separate utilities, and a 50-amp RV hookup. It can also be sold fully furnished for a turnkey setup. Set on 3.5 acres, the largest lot in the subdivision, this property features mature oak groves, a year-round pond, full fencing, a custom gate, chicken coop and play set. Tucked at the end of a cul-de-sac, just 2 miles from I-35 and 15 minutes from Waco, this property combines peaceful country living with the convenience of nearby amenities. Whether you're an investor or an owner-occupant looking to offset your mortgage, 321 & 325 Grassy Way deliver immediate income and long-term value.

Location

State TX

County Mclennan

Community Community Mailbox

Direction From the Hilltop exit north of Elm Mott on I-35, turn East on Hilltop which turns into Bode Rd. About 2 miles look for Grassy Way on the left. Turn left on Grassy Way, proceed to the very end, the driveway opens up a the end of the culdesac. Black pipe fence, Black powder coated gate with a star

Interior

Interior Features Vaulted Ceiling(s)

Heating Central, Propane, Natural Gas

Cooling Central Air, Electric

Flooring Laminate, Wood

Fireplace No

Appliance Some Gas Appliances, Gas Oven, Gas Range, Plumbed For Gas, Refrigerator

Exterior

Parking Features Circular Driveway

Pool None

Community Features Community Mailbox

Utilities Available Overhead Utilities, Septic Available, Separate Meters, Water Available

Water Access Desc Public

Roof Type Composition

Garage No

Building

Dwelling Type House

Foundation Slab

Sewer Aerobic Septic

Water Public

Level or Stories One

Schools

Elementary Schools West

Middle Schools West

High Schools West

School District West Isd

Others

Tax ID 500043500001120

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20990819

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