$329,900

1404 Chapelwood Dr Unit 1406 Waco, TX 76712

West Waco Neighborhood

Estimated payment $2,151/month

Total Views 116
2 Beds
1.5 Baths
1,894 Sq Ft
$174 Price per Sq Ft

Highlights

  • 1-Story Property
  • 2 Attached Carport Spaces
  • Carpet
  • Midway High School Rated A+
  • Central Heating and Cooling System

About This Home

Great Income Property in Midway ISD.
Each side 2 BR & 1.5 BA with efficient floorplan. Both units have large family rooms. Covered & paved carport
One story duplex 1404 vacant. 1406 month to month @ $1,595.
Vacant side has Supra Lockbox on front door. Schedule appointment thru Broker Bay

Listing Agent

Charles Johnson

JA Group Companies License #0218916 Listed on: 09/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,824

Year Built

  • Built in 1980

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 2 Attached Carport Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof
  • Stone Veneer

Interior Spaces

  • 1-Story Property
  • Carpet
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Chapel Park Elementary School
  • Midway High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Assessor Parcel Number 360089070004007

Community Details

Overview

  • 2 Units
  • 1,894 Sq Ft Building
  • Chapel Acres Estate Subdivision

Building Details

  • Gross Income $28,725
  • Net Operating Income $26,737

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,824

Year Built

Built in 1980

Lot Details

0

Listing Details

  • OWNERNAME: RANCHERIA 21 LLC
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • CapRate: 8.1
  • Co List Office Mls Id: A8295466
  • Special Features: None
  • Year Built: 1980

Interior Features

  • Interior Amenities: Cable TV
  • Flooring: Carpet
  • Appliances: Dishwasher, Gas Water Heater
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Slab
  • Roof: Asphalt
  • Construction Materials: Stone Veneer
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Carport Spaces: 2.0
  • Parking Features: Attached Carport
  • Attached Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Chapel Park
  • High School: Midway
  • Junior High Dist: Midway ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.2
  • Parcel Number: 360089070004007
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712.0

Building Info

  • Year Built: 1980
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 2396.0
  • Annual Gross Income: 28725.0
  • Property Net Operating Income: 26737.0

Tax Info

  • TaxBlock: A
  • Tax Lot: 4
  • Tax Annual Amount: 4824.0

MLS Schools

  • MiddleOrJuniorSchool: River Valley

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,824 $270,820 $29,470 $241,350
2024 $4,824 $225,046 $29,470 $195,576
2023 $4,844 $225,046 $29,470 $195,576
2022 $5,903 $245,940 $29,470 $216,470
2021 $5,054 $192,070 $29,470 $162,600
2020 $4,448 $167,270 $28,070 $139,200
2019 $4,484 $164,280 $26,730 $137,550
2018 $4,404 $160,040 $25,460 $134,580
2017 $3,328 $120,140 $18,160 $101,980
2016 $3,051 $110,140 $17,820 $92,320
2015 $2,899 $106,900 $17,550 $89,350
2014 $2,899 $104,240 $17,120 $87,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2025 09/24/25 For Sale $329,900 -- $174 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 Stand Alone Second
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21053744

North Texas Real Estate Information Systems (NTREIS)

APN: 36-008907-000400-7

Texas Mclennan County Waco 76712 West Waco

1404 Chapelwood Dr Unit 1406, Waco, TX

This home is located at 1404 Chapelwood Dr Unit 1406, Waco, TX 76712 and is currently priced at $329,900, approximately $174 per square foot. This property was built in 1980. 1404 Chapelwood Dr Unit 1406 is a home located in McLennan County with nearby schools including River Valley Middle School and Midway High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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Charles Johnson
Listing Agent
Charles Johnson
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JA Group Companies
(254) 784-8516