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$386,280

1009 Southwood Dr, Woodway, TX, 76712

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.09 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size15,390 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362620000024004
Lot Number7
SubdivisionSouthwood
Land UseResidential
Legal DescriptionSOUTHWOOD LOT 7 BLOCK 3 ACRES .3533
Census Tract002503
Assessed Land Value$28,310
Assessed Improvement Value$357,970
Assessment Year2025

About this property

Welcome to 1009 Southwood Drive where comfort, style and elegance could be all yours. This impeccably presented property was built in 1973 and has been totally remodeled throughout meaning you can simply move in, unpack and make yourself at home from the moment you get the keys. You will never be short on space to spread out and relax with the light-filled layout spanning an impressive 2,120sqft. There are three good-size bedrooms and two beautiful bathrooms along with your choice of two living areas that can be adapted to suit your needs and lifestyle. The open-concept kitchen enjoys views over the dining and family room with a wood-burning fireplace, with a wood mantel, for those cool winter evenings. Cooking is made easy thanks to the kitchen’s abundance of counter and cabinetry space plus there’s also a tiled backsplash, a breakfast bar and a suite of stainless steel appliances. A second bright and inviting living area extends the floorplan even further or you can step outside to the covered patio and entertain guests in absolute comfort. A wooded area at the back and no rear neighbors promises added peace and privacy and ensures your expansive backyard will feel more like your very own picturesque haven. The long list of extra features is extensive and includes a two-car garage, a well-equipped laundry room, ceiling fans, easy-care landscaping and the shed conveys with the property. All this is set within the Midway ISD and is just moments from everything you could ever need.

Investor Tools

Property Icon
$386,280
Estimated Property Value
$75,000Estimated Mortgage Balance
$311,605Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,318 /month
Positive
Cash Flow Estimate:
$773 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,008
$386,280
2025
$28,310
$357,970
$386,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,008
$386,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$75,000
No
First
Feb 23, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,675
$311,605
80%
19%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$450/mo
+$1,020/mo
4.6%

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: Woodway

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1009 Southwood Dr | Property Details | No Agent List