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$50,000

1141 Redondo Drive, Woodway, TX, 76712

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Discover the perfect canvas for your dream home on this just over half-acre lot nestled in the heart of Woodway and zoned to Waco ISD. Tucked among mature trees with beautiful natural topography, this property offers a rare combination of privacy, character, and convenience. The gently rolling terrain creates multiple potential build sites, allowing you to design a home that captures elevated views and peaceful surroundings. A natural seasonal draw adds depth and dimension to the landscape, giving the lot a custom estate feel you simply do not find in standard subdivisions. Located in an established neighborhood with easy access to shopping, dining, medical facilities, and major roadways, you can enjoy the tranquility of a wooded setting without sacrificing everyday convenience. Opportunities like this are limited — bring your builder, your plans, and your vision. It is time to build your dream home.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

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

Learn About the Market: Opportunity in Texas

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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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1141 Redondo Drive | Property Details | No Agent List