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$289,900

316 E Chapman Rd, Hewitt, TX, 76643

$301,834 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,520 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.72 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size14,810 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363122000048009
Lot Number8
SubdivisionDehay Addn Pt 6
Land UseResidential
Legal DescriptionDEHAY ADDN PT 6 LOT 8 BLOCK 4 ACRES .34
Census Tract003709
Assessed Land Value$34,950
Assessed Improvement Value$229,050
Assessment Year2025

About this property

Discover comfort, convenience, and versatility at 316 E. Chapman Rd in Hewitt. This well maintained three bedroom, two bath home features an open floor plan designed both for everyday living and entertaining. The updated kitchen offers modern finishes, ample workspace, and a seamless flow into the living and dining areas. Whether you're searching for a primary residence or an investment opportunity, this property offers exceptional flexibility. Its functional layout and convenient location make it an ideal option for corporate housing, providing out of town employees with a comfortable home away from home. Located minutes from local businesses, shopping, restaurants, healthcare facilities, and major thoroughfares, you'll enjoy easy access to everything the Waco and Hewitt areas have to offer. Don't miss an opportunity to own a property that combines comfort, convenience, and potential.

Investor Tools

Property Icon
$276,000
Estimated Property Value
$224,000Estimated Mortgage Balance
$63,031Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$301,833
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,739 /month
Positive
Cash Flow Estimate:
$580 /month

Interested in this property?

Frances Calderon

Graceland Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$558/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,315
$264,000
2025
$34,950
$229,050
$264,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,315
$264,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Commercial Bank
Conventional
$224,000
No
First
Jan 3, 2023
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,969
$63,031
22%
77%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
$1,272/mo
+$448/mo
7.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: Hewitt

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316 E Chapman Rd | Property Details | No Agent List