Maria Sosa

325 Grassy Way

Elm Mott, TX
$ 549,000 Beds 4 Baths 3 Sq 1,798 Virtual Tour
Monthly Estimate* How much can I afford?

Two Income-Producing Ranch Retreats 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.

Active

  • Price
  • $ 549,000
  • City
  • Elm Mott
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • MCLENNAN
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 3.575 Acres
  • Zip
  • 76640
  • Sqr Footage
  • 1,798
  • Year Built
  • 1983
  • Taxes
  • $ 4405
  • Style
  • Single Family Residence
  • MLS#
  • 21351932
Listed By: ListingSpark
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Natural Gas,Propane
Cooling Central Air,Electric
Utilities Aerobic Septic,City Water,Community Mailbox,Individual Water Meter,Outside City Limits,Overhead Utilities
Possession Closing/Funding
Roof Composition
Appliances Gas Oven,Gas Range,Plumbed For Gas in Kitchen,Refrigerator
School District West ISD
Exclusions NA
Year Built 1983
Levels One
Unexempt Taxes 4405
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Bode Road Add
Transaction Type For Sale
Occupant Type Tenant
County McLennan
Property Type Residential
Construction Materials Brick
Year Built Details Preowned
HOA Type None
Full Baths 3
Status Active
Directions 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 drive
City Elm Mott
Elementary School Name West
High School West
Elementary School West
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21351932
Standard Status Active
Listing Terms Cash,Conventional,FHA,VA Loan

Interior Features

Interior Features High Speed Internet Available,Vaulted Ceiling(s)
Flooring Laminate,Wood
Dining Areas 2
Living Areas 2
Room Count 5
Lock Box Type Supra
Total Bedrooms 4
Total Baths 3

Exterior Features

Parking Features Circular Driveway
Lot Size 3 to < 5 Acres
Foundation Slab
Lot Size Area 3.5750
Lot Size Units Acres
Structural Style Single Detached
Lot Size Square Feet 155727.0000
Lot Size Acres 3.5750

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School West Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/6/2026 Listed $570,000
8/17/2026 2% - $559,000
8/31/2026 2% - $549,000

Property vs Zip Code Average in 76640

Price
AVG $400K
$550K
Taxes
AVG $3,765
$4,405
Year Built
AVG 1977
1983
Visits
AVG 108
38
Data Provided by Inside Real Estate®

Areas That We Cover

325 Grassy Way Elm Mott, TX is a Single Family Home for sale at $549000 with 1798 sqft and a lot size of 3.575 Acres Acre(s). 325 Grassy Way Elm Mott has 4 bedrooms, 3 baths and was built in 1983. The property's zip code is 76640 which is in Elm Mott, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Maria Sosa

Maria Sosa

Realtor®

254-981-6389

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