Homes for sale - 325 Grassy Way, Elm Mott, TX 76640

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[email protected] +1(281) 258-8011

$ 599,000

Est. payment | -/mo

4 Beds

3 Baths

1,798 SqFt

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$ 599,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

3 Baths

1,798 SqFt

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

Bedrooms 4

Full Baths 3

HOA Y/N None

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

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

Rooms

Dining Room 2

Interior

Interior Features Vaulted Ceiling(s)

Heating Central, Natural Gas, Propane

Cooling Central Air, Electric

Flooring Laminate, Wood

Appliance Gas Oven, Gas Range, Plumbed For Gas in Kitchen, Refrigerator

Heat Source Central, Natural Gas, Propane

Exterior

Utilities Available Aerobic Septic, City Water, Community Mailbox, Individual Water Meter, Outside City Limits, Overhead Utilities

Roof Type Composition

Garage No

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Brick

Schools

Elementary Schools West

Middle Schools West

High Schools West

School District West Isd

Others

Ownership Christopher Wieboldt & Monica Wieboldt

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Aaron Jistel • Listing Spark

+1(281) 258-8011

[email protected]

1001 West Loop South Suite 105, Houston, TX, 77027, United States

325 Grassy Way Elm Mott, TX 76640