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$455,000

NAL Estimated Property Value

1297 Woodland West Dr, Woodway, TX, 76712

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,893 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.55 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal
FlooringCarpet, Laminate, Tile, Vinyl, Wood

Exterior

Exterior FeaturesDog Run, Tennis Court(s)
Lot Size1.07 acres

Building Information

Year Built1980
Stories2
Roof Type105
Garage Spaces3

Land Information

APN480458050828005
Lot Number27,28
SubdivisionWoodland West
Land UseResidential
Legal DescriptionWOODLAND WEST LOT 28 27 BLOCK 14 ACRES 1.0691
Census Tract002503
Assessed Land Value$62,400
Assessed Improvement Value$382,120
Assessment Year2025

About this property

Spacious 4 bedroom home with regulation tennis court on acre of land. Expansive family room with brick raised-hearth fireplace, down. Guest suite upstairs with extended bath. Modern kitchen with Granite counters, center isle, slide out shelving and extensive cabinets. Built in double oven. Kitchen open to breakfast room. Formal dining with wainscoating and office with lots of light. Large master down with second bedroom. Elegant wood floors emphasize the quality of this older home designed for living and entertaining, while practical tile is featured in the large open family room. This wonderful home sits on just over an acre of land in the heart of Waco. Good closet and storage space. Double pane clad windows. Two hot water heaters. Utility room with sink.

Investor Tools

Property Icon
$455,000
Estimated Property Value
$277,380Estimated Mortgage Balance
$177,620Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,730 /month
Positive
Cash Flow Estimate:
$910 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$806/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,391
$444,520
2025
$62,400
$382,120
$444,520
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$7,391
$444,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Bosque County
Purchase Money Mortgage
$303,750
No
First
Oct 4, 2021
Apr 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,380
$177,620
39%
61%
$1,822/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,520/mo
$1,822/mo
$-302/mo
4.0%

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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1297 Woodland West Dr | Property Details | No Agent List