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$1,167,000

2050 W Elm Mott Dr, Waco, TX, 76705

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,607 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$318.55 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCeramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Lighting, Storage
Lot Size5.96 acres

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN200848050003000
Lot Number3
SubdivisionTimber Creek Estates
Land UseAgriculture / Farming
Legal DescriptionTIMBER CREEK ESTATES LOT 3 BLOCK 1 ACRES 5.955
Census Tract003402
Assessed Land Value$13,540
Assessed Improvement Value$721,590
Assessment Year2025

About this property

Exemplary design and craftsmanship by a custom home builder. This stunning home welcomes you with 8-foot mahogany doors, black double-pane windows, and antique hand-hewn posts and beams. The open-concept layout is filled with natural light from walls of glass, offering picturesque views of the surrounding property. The main home features 4 spacious bedrooms and 3.5 baths, along with a beautiful and elaborate 1 bed 1 bath guest house. The fourth bedroom is en suite and the only room on the second floor. This room could also serve as a flexible space for an office, game room, or second living area.The chef’s kitchen boasts a large island, a walk-in pantry with natural light, an upscale baker’s station, and high-end appliances including a five-burner gas cooktop. The kitchen sink is perfectly positioned to overlook the beautiful pool and surrounding acreage. The isolated primary suite offers a spa-like bath with a walk-in shower and soaking tub, along with a walk-in closet that provides convenient direct access to the laundry room. Additional features include a 39×36 shop with drive-through access, three roll-up doors, and extra loft storage. 5.9 Acres with restrictions to allow horses and or livestock. Complete perfection in every way. Enjoy peaceful Texas sunrises and sunsets from the expansive wraparound porch—perfect for relaxing and taking in the scenic countryside.

Investor Tools

Property Icon
$1,167,000
Estimated Property Value
$330,000Estimated Mortgage Balance
$848,859Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,002 /month
Positive
Cash Flow Estimate:
$2,334 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,234/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,976
$735,130
2025
$13,540
$721,590
$800,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,976
$735,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$330,000
No
First
Jul 23, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,141
$848,859
72%
27%
$1,979/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,979/mo
$-672/mo
1.3%

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: Waco

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2050 W Elm Mott Dr | Property Details | No Agent List