Active

325 Grassy Way

Elm Mott, Texas 76640
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Bed 4

Bed

Bath 3

Bath

SqFt1,798

Sqft

Acres3.58

Acres(Lot)

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 be autifully 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.

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Detail Ic Property Details

Property Type : Residential

Price : $559,000

AD Id : 89167173

MLS Id : 570086171

Beds : 4

Lot Size : 3.58 Acres

Living Area Size : 1,798

Year Built : 1983

County : McLennan

Subdivision: Bode Road Add

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Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3 Half Baths: 0
  • Interior Features

    High Speed Internet Available,Vaulted Ceiling(s)

    Appliances

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

    Utilities

    Aerobic Septic,City Water,Community Mailbox,Individual Water Meter,Outside City Limits,Overhead Utilities
  • Cooling Features

    Central Air,Electric

    Heating Source

    Central,Natural Gas,Propane

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1983 Construction: Brick Roof Type: Composition
  • Foundation

    Slab
  • Construction Materials

    Brick

  • Lot Information

    Lot Size (Acr): 3.5750 Lot Size Units: Acres Lot Size Square Feet: 155,727
  • Property Information

    SQ ft (Living Area): 1,798 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Bode Road Add City: Elm Mott State: Texas 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 driveway opens up a the end of the culdesac. Black pipe fence, Black powder coated gate with a star Property Status: Active Exclusions: NA Levels: One Property Age: 43 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $559,000 List Price Tot SqFt: $311
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 500043500001120 Tax Block: 1 Tax Legal Description: BODE ROAD ADDITION PH 1 LOT 12 BLOCK 1 ACRES Tax Lot: 12 Unexempt Taxes: $4,405

  • Parking Information

    Garage Space: 0 Carport Spaces: 0 Parking Features: Circular Driveway
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: West Middle School: West High School: West School District: West ISD
  • Utility Information

    Utilities: Aerobic Septic,City Water,Community Mailbox,Individual Water Meter,Outside City Limits,Overhead Utilities
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
107 Woody Ray Drive, Elm Mott, TX, 76640 $345,000 3 2 1,852 1,852 SqFt
495 High Meadow, Elm Mott, TX, 76640 $625,000 4 3 2,405 2,405 SqFt
229 Oakdale Dr, Elm Mott, TX, 76640 $194,900 3 2 1,860 1,860 SqFt
205 W Long Street, Elm Mott, TX, 76640 $159,900 3 2 1,800 1,800 SqFt
211 W Long Street, Elm Mott, TX, 76640 $209,900 3 2 1,444 1,444 SqFt
267 N Katy Road, Elm Mott, TX, 76640 $159,900 3 2 1,198 1,198 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 08/18/2026 @ 05:56

MLS: 570086171 LISTED BY: Aaron Jistel, ListingSpark 817-858-0055 SOURCE: NTREIS - North Texas Real Estate Information

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