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$269,900

316 Cranbrook Dr, Woodway, TX, 76712

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,456 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.37 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater
FlooringLaminate, Other, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size15,246 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces4

Land Information

APN362350000018000
Lot Number18
SubdivisionLaird
Land UseResidential
Legal DescriptionLAIRD LOT 18 BLOCK A ACRES .35
Census Tract002503
Assessed Land Value$23,940
Assessed Improvement Value$193,320
Assessment Year2025

About this property

Welcome to a home that feels inviting from the moment you arrive. Nestled along the wide, established streets of desirable Woodway and located within highly sought-after Midway ISD, this beautifully maintained home offers the warmth of a classic neighborhood with the comfort and updates today's buyers appreciate. A timeless brick exterior, mature tree, two-car garage with individual doors, and an additional covered carport create a welcoming first impression. Step inside into the comfortable living space, right next to the kitchen that makes the heart of the home feel bright, spacious, and easy to enjoy. Nice countertops complement a generous kitchen with plenty of room to prepare meals and gather, while the adjoining dining area provides just the right amount of separation for everyday dinners or time spent with family and friends. From the dining area, step outside to a covered patio overlooking a spacious, fully fenced backyard—a wonderful setting for quiet mornings, weekend cookouts, pets, gardening, or simply enjoying the outdoors. An existing concrete pad in the back left side of the property adds even more possibilities for a future outdoor project or personalized space. Back inside, well-sized bedrooms are filled with natural light and complemented by ceiling fans for added comfort. The updated hall bathroom features a tub, while the private primary suite offers its own beautifully renovated bathroom with a walk-in shower, creating a comfortable retreat at the end of the day. Move-in ready and thoughtfully updated, this home combines character, functionality, outdoor space, and an exceptional Woodway location. With convenient access to Highway 84 and Highway 6, everyday destinations throughout the Waco area are within easy reach—yet at home, you can enjoy the space and established feel that make this neighborhood so special. A wonderful opportunity to call Woodway home.

Investor Tools

$118,528Estimated Mortgage Balance
$174,472Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

Interested in this property?

Lily Flores

Magnolia Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$471/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,183
$217,260
2025
$23,940
$193,320
$217,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,183
$217,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Central Tx
Commercial
$125,000
No
First
Oct 19, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,528
$174,472
59%
40%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,120/mo
$750/mo
+$370/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.

Explore Texas Explore This Area
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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316 Cranbrook Dr | Property Details | No Agent List