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$649,900

1325 N Katy Road, Elm Mott, TX, 76640

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,826 Sq Ft
FarmFarm
price_per_sqft$355.91 / sqft
Year BuiltBuilt in 1988

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range

Exterior

Lot Size4 acres

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200454000013020
SubdivisionHolmes E W
Land UseAgriculture / Farming
Legal DescriptionHOLMES E W ACRES 4.0
Census Tract003402
Assessment Year2025

About this property

Beautifully renovated home on 27 private acres just minutes from downtown Waco, offering the perfect balance of peaceful country living and city convenience. Tucked beyond a private drive and surrounded by mature trees, this property features expansive hay fields, a functional stock tank, wooded borders, and endless possibilities for livestock, recreation, agricultural use, or future improvements. Enjoy open skies, wide-open spaces, and the privacy of your own countryside retreat while remaining just a short drive from Baylor University, Cameron Park, shopping, dining, and major highways. Whether you're looking for a homestead, hobby farm, or investment opportunity, this unique property offers the space, flexibility, and potential to make it your own. Come walk the land and experience everything this exceptional property has to offer. All offers will be considered!

Investor Tools

$45,499Estimated Mortgage Balance
$598,501Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,899 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Rebecca Ringer

The Street Real Estate Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$993
$372,288
2025
N/A
N/A
$408,910
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$993
$372,288

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Donna R Beheler
Seller Carryback / Seller Financing / Seller Take-Back
$40,000
No
First
Oct 15, 2008
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,499
$598,501
92%
7%
$455/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$455/mo
+$852/mo
2.4%

City: Elm Mott

1325 N Katy Road | Property Details | No Agent List