325 Grassy Way
Elm Mott, TX 76640 · View on map ↓
Overview
Description
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.
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Rooms
- Primary Bedroom
- 12 x 12 / 1
- Bedroom
- 12 x 10 / 1
- Bedroom
- 10 x 10 / 1
- Bedroom
- 12 x 10 / 1
- Living Room
- 15 x 10 / 1
- Appliances
- Some Gas Appliances, Gas Oven, Gas Range, Plumbed For Gas, Refrigerator
- Interior Features
- High Speed Internet, Vaulted Ceilings
- Flooring
- Laminate, Wood
- Heating
- Central, Propane, Natural Gas
- Cooling
- Central Air, Electric
- Utilities
- Overhead Utilities, Septic Available, Separate Meters, Water Available
- Architectural Style
- Detached
- Construction
- Brick
- Roof
- Composition
- Foundation
- Slab
- Pool
- None
- Levels
- One
- Stories
- 1
- Attached Garage
- No
Schools
- Elementary
- West (West ISD)
- Middle
- West (West ISD)
- High
- West (West ISD)
Location
Price & Status History
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale Source: NTREIS #21351932 | $570,000 |
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RESDesiree Buckingham-Ramirez · InHouse Property Management
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RESKat Townson · Kelly, Realtors
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Listed by Aaron Jistel · ListingSpark
Source: NTREIS · MLS#: 21351932
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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