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B+
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$643,000

253 Grassy Way, Elm Mott, TX, 76640

$749,837 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$259.6 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Electric Range, Electric Water Heater

Exterior

Lot Size2.39 acres

Building Information

Garage Spaces2

Land Information

APN500043500001090
Lot Number9
SubdivisionBode Road Addition Ph 1
Land UseResidential
Legal DescriptionBODE ROAD ADDITION PH 1 LOT 9 BLOCK 1 ACRES 2.385
Census Tract003401
Assessed Land Value$31,120
Assessment Year2025

About this property

Discover the epitome of modern craftsmanship and serene living in this exquisite custom home by Schocke Construction nestled on a sprawling 2.3-acres. Construction is complete and ready for you to make this your forever home! Backyard showcases mature oak trees providing ample shade. Designed with state-of-the-art energy-saving materials and luxurious upgrades, this home offers an unparalleled blend of sustainability, comfort, and elegance. This thoughtfully engineered home features Gold Star-rated windows and spray foam insulation, ensuring exceptional energy efficiency. The 15 SEER 2-stage AC heat pump system delivers precise climate control. Energy efficient water heater. Classic wood fireplace is a warm and inviting centerpiece. Kitchen includes Forno Italian 5 burner gas pro range. Boasting high ceilings throughout, the downstairs master suite features striking wood vaulted ceilings that add rustic elegance and spaciousness. Master also includes a luxurious en-suite bathroom, with an oversized soaking tub creating a spa-like retreat for ultimate relaxation. Two well-appointed downstairs guest bedrooms offer ample space for family or visitors. Upstairs, a versatile flex space with full bathroom and generous closet provides endless possibilities for a game room, home office, or additional living area. The exterior boasts expansive front and back porches offering ample space for relaxation or entertaining, perfect for enjoying the shaded serenity of the oak-filled backyard or lively gatherings. Crafted with Schocke Construction's dedication to quality and innovation, this home seamlessly combines cutting-edge technology with timeless style. Just 15 minutes to downtown Waco, 14 minutes to Homestead Heritage, convenient to I-35. Highly sought after West ISD. Truly a one of kind property! All measurements are appx. Contact listing agent for details on home and rate buydown.

Investor Tools

Property Icon
$643,000
Estimated Property Value
$0Estimated Mortgage Balance
$64,850Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$749,837
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$428
$31,120
2025
$31,120
N/A
$31,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$428
$31,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$584,100
No
First
Oct 16, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$578,150
$64,850
10%
90%
$3,502/mo

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.

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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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253 Grassy Way | Property Details | No Agent List