$311,000
560 S Katy Road, Elm Mott, TX, 76640
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Located just a few miles from Waco's city limits, this 339.47-acre tract of land in McLennan County is ideal for a future investment opportunity, ranch retreat, or both. The property is situated in Waco's ETJ and Connally ISD, next to Connally's Primary School, and less than ½ mile off Interstate-35. With trees, stock tanks, and barn(s), a large part of white water creek runs through the land, while the back portion is heavily wooded with rolling topography and wildlife. The old house on the property is in disrepair and will need to be torn down—seller to retain mineral rights. Currently leased year to year (Jan-Dec) for cattle grazing on a portion of the property, this land is now under ag exemption. A Survey of land is available.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Elm Mott
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