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1401 Chapel Ridge Road #1403

Waco, TX 76712

$350,000

2 units · 1984

Units2
Building area2,000 sq ft
Year built1984
Gross income$35,880/yr
Cap rate3.69% as listed
Parking4 spaces
Lot size0.202 acres
TypeDuplex

What it costs to own

Taxes$6,087 per year
HOANone listed
Operating expenses$22,964 per year — as listed
Insurance$2,708 per year — as listed
Net operating income$12,916 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

The details

HeatingCentral, Electric
CoolingAttic Fan, Central Air, Electric
FlooringCarpet, Tile
AppliancesDishwasher
Interior featuresCable TV Available
Fireplace2 · Wood Burning

Construction materialsStone Veneer
RoofAsphalt
FoundationSlab

Water sourceCity Water
SewerCity Sewer

SubdivisionChapel Acres Estate

ElementaryChapel Park
Middle schoolRiver Valley
High schoolMidway
DistrictMidway ISD

Gross income$35,880 per year
Operating expenses$22,964 per year
Operating includesInsurance, Maintenance, Manager
Insurance$2,708 per year
Cap rate3.69% — as listed
Net operating income$12,916 per year

MLS #21342579
Source
On the market12 days
CountyMcLennan

Around this home

One moment…

Everyday life

Nearest groceryEast Market · 3.1 mi
Nearest parkWoof Way Dog Park · 2.3 mi

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Listing courtesy of JA Group Companies — Charles Johnson.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21342579. Information last updated August 11, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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