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    The Largest CRE Database in the US with Over 1 Million Listings

    4037 Old Dallas Rd Elm Mott, TX 76640

    Sponsored
    For Sale
    $680,000

    Ranch, Farm/Ranch - Elm Mott, TX

    Type:Farm
    Property size:
    1,893 SF
    Lot size:
    10.00 Acres
    Days on Market:
    2
    Last Refresh:
    Feb 2 at 11:06 pm

    Property Features for 4037 Old Dallas Rd

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    2
    APN
    200077000093019
    Patio and Porch features
    Patio, Porch
    Interior features
    Cable Tv Available, Walk-in Closet(s)
    Exterior features
    Covered Patio/Porch, Storage
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Washer
    Size
    1,893 SF
    Lot size
    10.00 Acres

    Utilities

    Utilities
    Cable Available

    Building Details

    Year built
    1996
    Floors in Building
    1
    Flooring type
    Vinyl
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Ranch
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Rajesh Byldugula

    ONEPLUS REALTY GROUP, LLC (469) 867-9837

    Listing agent Rajesh Byldugula (469) 867-9837 License #0799479

    Listing date Feb 2, 2026

    MLS# 21168237 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Elm Mott Ranch Home on 10 Acres

    This property features a monthly rental income-producing ranch home with 3 bedrooms and 2 full bathrooms, situated on 10 acres of land with an agricultural tax exemption. The home includes an inviting family room with built-ins and tile flooring, open to a dining room that overlooks an adjoining patio. The kitchen is equipped with cabinetry and a breakfast bar. A large workshop and covered shed provide storage space. The property also includes a second septic system and water meter for a potential second homesite. Located near Highway 35 and adjacent to Connally Junior High School and Connally Primary School, the property offers convenient access to I-35, groceries, and restaurants. It is located in the McLennan County ETJ zone and is suitable for commercial or residential use. Public sewer access is nearby, and the property is not in a flood area. The property size is 1893 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Real Estate Agency Restaurant Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Food Market Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elm Mott
    County
    McLennan
    State
    Texas
    Longitude
    -97.103777
    Latitude
    31.660128

    Nearby Similar for Sale

    • New
      $750,000
      2,332 SF

      Elm Mott Farm/Ranch Retreat

      Private countryside retreat with renovated home and open space.
      1325 N Katy Rd, Elm Mott, TX 76640
      View Details

    FAQs

    What type of property is this?
    Ranch - Income-producing 3 bed, 2 bath ranch on 10 acres.
    Where is this ranch located?
    The property is located at 4037 Old Dallas Rd Elm Mott, TX.
    What is the asking price?
    The asking price for this property is $680,000.
    What are key features of this property?
    This property features: - Income-producing 3-bedroom, 2-bathroom ranch home on 10 acres with agriculture tax exemption.; - Potential for a second homesite with existing septic system and water meter.; - Large workshop and covered shed provide ample storage.
    (469) 867-9837
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4037 Old Dallas Rd Elm Mott, TX 76640
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    We can help!
    Listing Contact
    Rajesh Byldugula
    Real Estate License ID: 0799479
    (469) 867-9837
    Learn more
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