4676 Old Dallas, Elm Mott, Texas

Description

This unrestricted corner lot offers a rare combination of flexibility, infrastructure, and income potential — making it a standout opportunity for both homeowners and investors alike.

One of the biggest advantages? Water and sewer are already available, which means no septic system is required — a major savings when you’re ready to build. Whether you’re planning a custom home, placing a mobile home, or setting up an RV, this property gives you the freedom to do it your way. Mobile homes and RVs are welcome, opening the door to short-term rentals, long-term tenants, or personal use.

To make this opportunity even more attractive, there are two income-producing homes located right next door, also available for purchase. These homes already generate $3,100 per month in rental income, with one renting for $1,450 and the other for $1,650, plus an RV hookup on the neighboring property for even more potential revenue.

Investors will love this built-in cash flow, and owner-occupants can enjoy the option of living on the corner lot while collecting rental income next door.

As an added incentive, the seller is offering a $20,000 price reduction for anyone who purchases all three properties together, creating a powerful package with immediate income and long-term appreciation potential.

With unrestricted use, utilities in place, multiple revenue streams, and a bundle discount, opportunities like this don’t come around often. Whether you’re looking to build, invest, or do both — this property checks every box.

Water meter is installed!!

Directions: From I-35 take the Old Dallas Rd -Leroy Pkwy exit in Elm Mott. If coming from Waco, go west on Leroy Pkwy, then left on Old Dallas Rd. If from the north, right on Old Dallas Rd. Drive a few blocks—4676 is on the left.