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$664,000

NAL Estimated Property Value

13071 Rainier Dr, Woodway, TX, 76712

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,972 Sq Ft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size13,852 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces4

Land Information

APN360402020005100
Lot Number10
SubdivisionTanglewood Estates Ph 1b
Land UseResidential
Legal DescriptionTANGLEWOOD ESTATES PH 1B LOT 10 BLOCK E ACRES .318
Census Tract003712
Assessed Land Value$60,810
Assessed Improvement Value$472,340
Assessment Year2025

About this property

Build your dream home in Tanglewood Estates conveniently located in the heart of Woodway. Nestled just off Highway 84, this custom home community was created to enrich future homebuyers’ lives in the Waco area. This development has partnered with some of the most prominent builders in Central Texas to create custom homes to suit your individual needs. Driving through you’ll appreciate the architectural diversity of the current homes already in the works. This laid-back, family friendly neighborhood is located in the exemplary Midway School District and will boast sidewalk lined streets, a 3 acre community park in addition to 1 acre pocket parks, natural gas options, and a green space with walking trails. Located just minutes from Lake Waco, shopping, dining, and schools and less than 20 minutes to the ever-growing downtown Waco. You can partner with one of the developing builders or bring your own builder. Lots are going quickly so don’t miss your chance to secure your custom home site today!

Investor Tools

Property Icon
$664,000
Estimated Property Value
$716,601Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,984 /month
Positive
Cash Flow Estimate:
$1,328 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,062
$533,150
2025
$60,810
$472,340
$533,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,062
$533,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Commercial
$729,446
No
First
May 16, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$716,601
N/A
0%
108%
$4,374/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,520/mo
$4,374/mo
$-2,854/mo
2.7%

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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13071 Rainier Dr | Property Details | No Agent List