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$159,900

$175,000

267 N Katy Rd, Elm Mott, TX, 76640

On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,198 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.47 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
AppliancesDishwasher, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringHardwood, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size17,860 sqft

Building Information

Year Built1930
Stories1
Roof Type105

Land Information

APN200454000006000
SubdivisionHolmes E W
Land UseResidential
Legal DescriptionHOLMES E W ACRES .41
Census Tract003402
Assessed Land Value$21,250
Assessed Improvement Value$78,750
Assessment Year2025

About this property

Welcome to this charming Elm Mott home where original hardwood floors add warmth, character, and timeless appeal throughout much of the home. Filled with natural light, the spacious layout provides generously sized bedrooms and flexible living spaces ideal for growing families, empty nesters, first-time buyers, or investors. The kitchen features abundant cabinetry, full-size appliances, and an open connection to the main living area for comfortable everyday living. Outside, enjoy an expansive backyard shaded by mature trees with plenty of room for entertaining, gardening, pets, or future improvements. Drink your coffee on the front porch, or relax in the large working hot tub, located on the back patio. The home also features a new roof, added in July of 2025. Take advantage of the oversized 30x50 workshop, one of the most impressive feautures on the property, complete with electricity, natural gas and a water meter. Whether you need space for woodworking, automotive projects, hobbies, equipment, or additional storage, this versatile shop has endless possibilities. Conveniently located with quick access to I-35, this property combines small-town charm with an easy commute to Waco and surrounding communities, with plenty of character, functionality, and exceptional workspace all in one property.

Investor Tools

$52,831Estimated Mortgage Balance
$47,283Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$959 /month
Positive
Cash Flow Estimate:
$320 /month

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Glenda Hall

UCRE Heart of Texas Land & Hom

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$156/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,372
$100,000
2025
$21,250
$78,750
$100,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,372
$100,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$60,723
No
First
Dec 17, 2019
Jan 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$52,831
$64,169
54%
53%
$365/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$365/mo
+$942/mo
15.7%

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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267 N Katy Rd | Property Details | No Agent List