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!
Welcome Home! This beautiful starter home is nestled right between Hewitt & Woodway and is located in the highly desired Midway School District! Close to all things Hewitt, Woodway and just 10 minutes from all things Waco! The location is everything. This immaculate property boasts 2 bedrooms, 2 baths, and 2 car garage! Fully fenced in backyard gives you the privacy you desire and ability to entertain guests, family, and friends. So come by and see what makes this home so special for yourself!
Public Records
Mar 2, 2017
Sold
*
Year
Property tax
Land + Additions
Assessment*
2026
$4,593 (−11.3%)
$23,760 + $186,982
$210,742
2025
$5,181 (+0.7%)
$21,600 + $218,400
$240,000
2024
$5,145 (+27.9%)
$21,600 + $218,400
$240,000
2023
$4,022 (+5.3%)
$21,600 + $165,250
$186,850
2022
$3,818 (+5.3%)
2021
$3,625 (+4.8%)
2020
$3,459 (+3.3%)
$16,150 + $115,330
$131,480
2019
$3,350
$15,440 + $110,540
$125,980
2018
$3,353 (+5.9%)
$14,780 + $108,060
$122,840
2017
$3,166 (+10.4%)
$14,780 + $108,060
$122,840
2016
$2,869 (+2.8%)
$13,990 + $101,060
$115,050
2015
$2,791 (−0.5%)
$13,730 + $89,840
$103,570
2014
$2,804
$13,200 + $87,660
$100,860
Tax history for 1407 Chapel Downs Rd
Year
Property tax
Land + Additions
Assessment*
2026
$4,593 (−11.3%)
$23,760 + $186,982
$210,742
2025
$5,181 (+0.7%)
$21,600 + $218,400
$240,000
2024
$5,145 (+27.9%)
$21,600 + $218,400
$240,000
2023
$4,022 (+5.3%)
$21,600 + $165,250
$186,850
2022
$3,818 (+5.3%)
2021
$3,625 (+4.8%)
2020
$3,459 (+3.3%)
$16,150 + $115,330
$131,480
2019
$3,350
$15,440 + $110,540
$125,980
2018
$3,353 (+5.9%)
$14,780 + $108,060
$122,840
2017
$3,166 (+10.4%)
$14,780 + $108,060
$122,840
2016
$2,869 (+2.8%)
$13,990 + $101,060
$115,050
2015
$2,791 (−0.5%)
$13,730 + $89,840
$103,570
2014
$2,804
$13,200 + $87,660
$100,860
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
40 ft.
Lot depth
110 ft.
Lot size
4,400 Sq. Ft.
Year renovated
—
Sq. Ft.
1,310
Year built
1983
Style
Single Family Residential
County
McLennan County
APN
360089070060022
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 5, 2026.
R-2
Two-Family and Attached Single Family Residence District
The R-2 two-family and attached single-family residence district is intended to provide for development of attached dwelling types at moderate densities where it may serve as a transitional use between single-family residential areas and more intensive uses; or in locations with convenient access to the major street system and proximity to community services.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Student
Bed & breakfast
Educational/school
Library
Golf related
Park & open space
Property details
Parking
Parking Information
Covered Spaces: 2
Number Of Parking Spaces: 2
Parking Features: Garage Faces Rear
Parking & Garage
Garage Spaces: 2
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedroom Information
Bedrooms Total: 2
Fireplace Information
Fireplaces Total: 1
Fireplace Features: Wood Burning
Heating & Cooling
Cooling: Central Air
Heating: Central
Interior Features
Room Count: 0
Has Appliances
Appliances: Electric Water Heater, Microwave
Living Area: 1310.00
Flooring: Laminate, Tile
Interior Features: High Speed Internet Available, Vaulted Ceiling(s)
Exterior
Building Information
Roof: Composition
Construction Materials: Stone Veneer
Foundation Details: Slab
Exterior Features
Fencing: Full, Wood
Lot Information
Lot Size: Less Than .5 Acre (not Zero)
Lot Size Acres: 0.1010
Lot Size Area: 0.1010
Lot Size Square Feet: 4399.5600
Lot Size Units: Acres
Parcel Number: 139636
RATIO List Price By Lot Size Acr: 2524752.47525
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Attached YN: No
Property Key: 48309|360089070060022|1|74437157
Property Match: APN
US Property MUI: 408909646
Building Information
Year Built: 1983
Financial
Tax Information
Tax Block: D
Tax Legal Description: CHAPEL ACRES EST Lot 15B Block D Acres .101
Tax Lot: 15B
Unexempt Taxes: 5166
Financial Information
Buyer Financing: FHA
Utilities
Utility Information
Utilities: Sewer Available
Location
Multi-Unit Information
Unit Count: 0
School Information
Elementary School: Chapel Park
Elementary School Name: Chapel Park
School District: Midway ISD
Location Information
County Or Parish: McLennan
Country: United States
Geocode Confidence: High
Subdivision Name: Chapel Acres
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,310
Stories: 1.0
Lot Size: 4,400 square feet
Style: Single Family Residential
Year Built: 1983
Year Renovated: —
County: McLennan County
APN: 360089070060022
Home facts updated by county records on Nov 5, 2026
Other
Listing Information
Document Manager MLS Count: 0
Document Manager Private Count: 0
Document Manager Public Count: 0
Document Manager Total Count: 0
Listing Id: 228284
Listing Key Numeric: 450666308
Listing Terms: Cash, Conventional, FHA, VA Loan
Mls Status: Closed
Previous Status: Pending
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 37
Possession: Closing/Funding
Seller Contributions: 10000
Standard Status: Closed
Third Party Assistance Program Y: No
Transaction Type: For Sale
Listing Date Information
Days On Market: 72
Cumulative Days On Market: 72
Close Date: 2025-06-18
Purchase Contract Date: 2025-05-19
Listing Contract Date: 2025-02-15
Off Market Date: 2025-05-19
Status Change Timestamp: 2025-06-19T15:41:05.463
Listing Price Information
Original List Price: 255000.00
List Price: 255000.00
RATIO Close Price By Lot Size Ac: 2574257.42574
RATIO Current Price By Lot Size: 2574257.42574
Around this home
Schools
K - 12
Preschool & daycare
Chapel Park Elementary
Public PreK-5 • Assigned • 0.5mi
8/10
River Valley Middle School
Public 6-8 • Assigned • 4.5mi
8/10
Midway High School
Public 9-12 • Assigned • 1.6mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 108° expected this year, 24 days in 30 years
6/10 Wind Factor
60% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Waco, TX • 76712
Average low and high temperatures (°F)
57
36
68
45
79
55
79
61
84
65
91
75
94
75
95
74
91
69
85
60
75
53
66
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
9.7 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$229,000 – $278,000
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