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$701,000

1019 Chapman Rd, Crawford, TX, 76638

$911,300 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths4,373 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$411.62 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesTrash Compactor, Disposal, Double Oven, Ice Maker, Microwave, Refrigerator, Electric Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesOther, Garden
Lot Size6.60 acres

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces2

Land Information

APN220355000005127
SubdivisionForrester J
Land UseAgriculture / Farming
Legal DescriptionFORRESTER J ACRES 6.6
Census Tract004000
Assessed Land Value$3,920
Assessed Improvement Value$186,730
Assessment Year2025

About this property

One of Waco's premier properties is now available. The MarSal Arabian Farm, near Crawford, Texas, complete with all its history and grandeur is ready for the next chapter of life. Originally built by one of the country's foremost commercial builders for his personal home, where no expense was spared in the design and build. The showcase of the grounds is the near 5000 sqft majestic home, which sits elevated, surrounded by giant Live Oaks, overlooking the barns and horses from the front and the naturally wooded rear of the property. Once you enter through the private gates, you'll know something special is ahead. The tree lined drive curves through the land and ends with a circle drive under the Oaks. The grand entry is stunning, and aptly prepares you for the massive living area with 16 ft ceilings, with top to bottom glass allowing spectacular views. If there ever was a home designed to entertain, this is it. The living room (42' x 36') adjoins the spacious chef and prep kitchen, which is also large enough to serve a true crowd. But don't let the scale of the home fool you, it still retains the comfort and charm of the private residence it is. On with the show. Just a short stroll down to the barns, and by barns, I don't mean just any ole barn. The main barn is an approx 6300' equestrian center, featuring 6 (12x12) concrete stalls, a sizeable saddle and tack room, feed /storage room, full trailer drive through, indoor practice arena, vet station with stanchion, hay loft, 1/2 bath and more. In between the two barns is an electric walker. The smaller barn houses 9 (9x9) stalls, full drive through and its own storage room. The horse pasture is all pipe fencing with smooth horse wire. Located in Central Texas horse country, with bordering access to Hwy 6, leading north to Stephenville and south 10 miles to Waco and the Heart of Texas facilities.

Investor Tools

Property Icon
$701,000
Estimated Property Value
$0Estimated Mortgage Balance
$701,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$911,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,800 /month
Positive
Cash Flow Estimate:
$3,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$615/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,876
$190,650
2025
$3,920
$186,730
$228,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,876
$190,650

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$701,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,520/mo
N/A
+$1,520/mo
2.6%

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: Crawford

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1019 Chapman Rd | Property Details | No Agent List