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$349,000

1300 Chapel Creek Road 1302, Waco, TX, 76712

PendingInfo
Beds6 Beds
Baths4 Bath
Baths1,384 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size4,508 sqft

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces1

Land Information

APN360089070054023
Lot Number9B
SubdivisionChapel Acres Est
Land UseResidential
Legal DescriptionCHAPEL ACRES EST LOT 9B BLOCK D ACRES .1035
Census Tract003712
Assessed Land Value$22,010
Assessed Improvement Value$157,990
Assessment Year2025

About this property

This prime investment opportunity in the highly desirable Midway ISD features an updated duplex designed for maximum appeal. Each side boasts a spacious, open-concept living and dining area flowing off the kitchen, highlighted by fresh paint and brand-new flooring throughout. The thoughtful layout offers a private primary suite on the main level, with two additional bedrooms and a full bath upstairs. Outdoors, tenants can enjoy a fully fenced backyard with a covered patio, perfect for relaxing or entertaining, along with a two-car carport and dedicated storage closet for each unit. Currently 1300 is vacant, but has many applications. Purchase now and choose tenant or live in one side, rent the other. These coveted properties rent fast for steady cash flow at $2900 per month total.

Investor Tools

$0Estimated Mortgage Balance
$262,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,323
$180,000
2025
$22,010
$157,990
$180,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,323
$180,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$262,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,120/mo
N/A
+$1,120/mo
5.1%

City: Waco

1300 Chapel Creek Road 1302 | Property Details | No Agent List