$256,000
1407 Chapel Downs Rd, Woodway, TX, 76712
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Where can you buy a home for under appraised value..... HERE!!! This home was appraised at 260K in March 2025 !! Charming Home in the Heart of Woodway! This beautiful home is ideally located just down the road from Chapel Park Elementary, playgrounds, splash pads, and all the shopping and dining Woodway has to offer. With convenient access to major roadways, commuting to work, medical facilities, and daily errands is a breeze. Plus, downtown Waco is just 10 minutes away, offering endless entertainment, dining, and cultural experiences. Perfectly sized for a starter home or downsizing, this 1,307-square-foot home features 2 bedrooms and 2 bathrooms. Step inside to a warm and inviting living space centered around a stunning brick wood-burning fireplace, creating the perfect cozy atmosphere. The living area flows seamlessly into a spacious kitchen and dining area, filled with natural light from beautiful bay windows. The main bathroom offers both hallway access for guests and a private entrance to the secondary bedroom for added convenience. The primary bedroom features its own ensuite bathroom, ensuring comfort and privacy. Outside, enjoy a spacious backyard and a detached garage for vehicle parking and extra storage. Don't miss out on this incredible opportunity to own a charming home in a fantastic location!
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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: Woodway
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