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$699,900

1097 Oak Knoll Lane, Elm Mott, TX, 76640

$909,870 ARVInfo
On MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,091 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.43 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListARV FlipHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
FlooringConcrete

Exterior

Exterior FeaturesAwning(s)
Lot Size5.40 acres

Building Information

Year Built2023
Stories2
Roof Type112
Garage Spaces2

Land Information

APN280565000001080
SubdivisionHensley J
Land UseReal, Farm/Ranch, House
Legal DescriptionHENSLEY J ACRES 5.001
Census Tract003401
Assessed Land Value$5,500
Assessed Improvement Value$392,696
Assessment Year2025

About this property

Situated on 5.401 picturesque acres in the Elm Mott area, this stunning 2-story barndominium-style home offers luxury, space, and peaceful country living with breathtaking views of open land and water. Designed with thoughtful attention to detail throughout, this property combines elevated finishes with functional living spaces perfect for everyday life and entertaining alike. The spacious floorplan features 4 bedrooms, 3 bathrooms, 2 living areas, a separate gameroom, and dedicated office space that could easily serve as a 5th bedroom. The open-concept downstairs living, dining, and kitchen area showcases soaring 24-foot ceilings, creating a bright and airy atmosphere. The chef’s kitchen is truly the heart of the home, featuring abundant cabinetry, beautiful countertops, a large center island, cooktop with pot filler, built-in oven and microwave, plus a unique hidden pantry complete with additional cabinetry and shelving for exceptional storage. Privately situated, the oversized primary suite offers a luxurious retreat with a dual-sided fireplace, spa-inspired en suite featuring dual vanities, oversized shower with dual shower heads, and an incredible closet complete with built-in dresser, shoe shelving, and chandelier. Additional highlights include a mudroom area, laundry room with dog wash station and storage cabinetry, and all appliances conveying with the sale. Outside, enjoy a 2-car carport and expansive covered back patio perfectly positioned to take in the gorgeous sunsets and panoramic views. Owners also have the option to attend La Vega ISD or apply for a FREE transfer into West ISD with transfer approval. Don’t miss your opportunity to own this incredible acreage retreat — schedule your private showing of 1097 Oak Knoll Ln today!

Investor Tools

Property Icon
$700,000
Estimated Property Value
$0Estimated Mortgage Balance
$700,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$909,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

Interested in this property?

Valerie Warschak

The Agency Waco

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$931/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,668
$398,196
2025
$5,500
$392,696
$445,306
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,668
$398,196

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$700,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
N/A
+$1,354/mo
2.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Elm Mott

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1097 Oak Knoll Lane | Property Details | No Agent List