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$128,000

4393 Old Dallas Rd, Elm Mott, TX, 76640

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths938 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.53 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Oven, Gas Range, Gas Water Heater

Exterior

Lot Size8,973 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces3

Land Information

APN200281000032009
Lot NumberB5
SubdivisionInterurban
Land UseResidential
Legal DescriptionINTERURBAN LOT B5 BLOCK 3 ACRES 0.206
Census Tract003402
Assessed Land Value$28,470
Assessed Improvement Value$94,310
Assessment Year2025

About this property

Welcome to this inviting home in Elm Mott offering charm and modern convenience! Featuring 3 bedrooms and 1 bathroom across 938 sq ft, this property is perfect for those looking to start their homeownership journey or expand an investment portfolio. Step inside to a cozy living area warmed by a wood-burning fireplace, while the kitchen provides a functional space with a gas range and oven for your culinary needs. Enjoy a spacious 0.206-acre lot with partial wood fencing, an attached garage, and an additional carport offering flexible parking or storage options. The drive-through garage setup adds practical convenience for larger vehicles or trailers. Located in Connally ISD, this property is just minutes from easy routes into Waco, local schools, and everyday amenities. Owner financing is available, making this home a flexible and exciting option for buyers looking for alternative paths to ownership or for investors looking to expand their investment portfolio! Don’t miss out on discovering the possibilities this Elm Mott home has to offer!

Investor Tools

Property Icon
$128,000
Estimated Property Value
$114,000Estimated Mortgage Balance
$14,660Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$774 /month
Positive
Cash Flow Estimate:
$258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,901
$122,780
2025
$28,470
$94,310
$122,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,901
$122,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hector J Cardona
Unknown
$114,000
No
First
Jan 15, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,340
$14,660
11%
89%
$684/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$684/mo
+$312/mo
9.3%

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.

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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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4393 Old Dallas Rd | Property Details | No Agent List