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$491,000

306 Randy Dr, Woodway, TX, 76712

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.67 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater
FlooringConcrete

Exterior

Lot Size8.45 acres

Building Information

Year Built2021
Stories1
Roof Type112
Garage Spaces2

Land Information

APN363238000001000
Lot Number1
SubdivisionJohannsen Addition
Land UseResidential
Legal DescriptionJOHANNSEN ADDITION LOT 1 BLOCK 1 ACRES 8.45
Census Tract002900
Assessed Land Value$202,470
Assessed Improvement Value$217,530
Assessment Year2025

About this property

Nestled on 8.45 private acres in Midway ISD, this 5-bedroom, 3-bath barndominium offers both seclusion and convenience. Tucked away from the road, this home provides the perfect retreat while still being just minutes from dining and shopping. The interior features an open living space with soaring vaulted ceilings and sleek concrete floors, creating a modern yet rustic feel. Don’t miss this unique blend of rural privacy and easy access to city amenities!

Investor Tools

Property Icon
$491,000
Estimated Property Value
$445,000Estimated Mortgage Balance
$48,577Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,946 /month
Positive
Cash Flow Estimate:
$982 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,516
$420,000
2025
$202,470
$217,530
$420,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,516
$420,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hines Group Texas Llc
Unknown
$445,000
No
First
Jan 20, 2026
Jan 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$442,423
$48,577
9%
90%
$2,668/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$2,668/mo
$-1,198/mo
3.6%

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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306 Randy Dr | Property Details | No Agent List