12777 Chapel Road
About This Property
1+Acre with beautiful views in one of Waco areas best school districts, LORENA ISD. Down the road from town and set in your own personal country side get away. Convenient to I-35 and 84 to Waco. Move in ready! With so many possibilities to grow!
Fully remodeled with a perfect flow Floorplan. 3 bed 2 bath, Open Floorplan, NEW Full-size Galley kitchen, added storage space, NEW floors, updated bathrooms & Perfect size lot to start those homestead dreams!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Price Decreased |
$265,000
↓ $10K
(3.6%) | |
| Price Decreased | |||
| May 24, 2025 | Price Decreased |
$275,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| May 12, 2025 | Price Decreased |
$285,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017