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$259,000

NAL Estimated Property Value

317 W Chapman Rd, Hewitt, TX, 76643

$325,795 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,775 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$67.55 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesNone
FlooringConcrete

Exterior

Exterior FeaturesStorage
Lot Size43,499 sqft

Building Information

Year Built1974
Stories1
Roof Type105

Land Information

APN363380000036009
Lot Number36
SubdivisionTown & Country
Land UseResidential
Legal DescriptionTOWN & COUNTRY LOT 36 BLOCK A ACRES .9986
Census Tract003710
Assessed Land Value$44,810
Assessed Improvement Value$176,020
Assessment Year2025

About this property

Premium Real Estate Opportunity in Hewitt. Unlocking a rare combination of space, location, and long-term upside, this 1,775-square-foot property presents an exceptional canvas in the highly desirable Town & Country Subdivision. Featuring a layout of 3 spacious bedrooms and 2 full bathrooms, the residence stands ready for complete customization, modernization, or a total creative transformation. Prime Acreage & Strategic Location The true crown jewel of this property is its exceptional lot size. Situated on an expansive tract of almost an acre, this property offers rare footprint flexibility within standard city residential boundaries. Zoning: Zoned Residential (R1-B), providing a reliable framework for executing your precise structural blueprints. Education: Located inside the boundaries of the prestigious, top-rated Midway ISD. Neighborhood Placement: Positioned near the booming Chapman Road corridor, balancing privacy with rapid local accessibility. Regional Growth & Connectivity Positioned squarely within an area defined by strong industrial connectivity and rapid economic growth, this property holds massive strategic appeal. Hewitt and the greater Waco region are experiencing an influx of commercial development, infrastructure expansion, and corporate footprints. For buyers focusing on appreciation, acquiring nearly a full acre in a high-demand sector near primary transportation veins and employment centers is a rare find. Bring Your Architectural Vision Whether your strategy is to renovate the existing 1,775-square-foot floor plan from the studs up, design an expansive backyard oasis, or construct a tailored homestead, this site accommodates ambitious goals. The property needs structural updates and a comprehensive aesthetic transformation, making it the perfect match for a buyer with vision, a general contractor, or an owner-occupant eager to engineer sweat equity. Take advantage of a rising market and turn this untapped space into Hewitt’s next showpiece.

Investor Tools

Property Icon
$259,000
Estimated Property Value
$0Estimated Mortgage Balance
$259,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$325,795
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$249/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,697
$220,830
2025
$44,810
$176,020
$220,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,697
$220,830

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$259,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
N/A
+$1,720/mo
8.0%

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: Hewitt

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317 W Chapman Rd | Property Details | No Agent List