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$194,000

358 Norwood Dr, Woodway, TX, 76712

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.11 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesMicrowave, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesDog Run, Storage
Lot Size25,500 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN364070000035005
Lot Number11,12
SubdivisionWestern Hills
Land UseResidential
Legal DescriptionWESTERN HILLS LOT 11 12 BLOCK 2 ACRES .5854
Census Tract002900
Assessed Land Value$41,820
Assessed Improvement Value$89,730
Assessment Year2025

About this property

ADORABLE and AFFORDABLE, MOVE-IN READY HOME in the highly sought after Midway ISD! Sitting on a lovely tree covered half acre lot, this 3 bedroom gem of a house is loaded with charm and is the perfect place to call home. Beautiful vinyl plank floors throughout, a cheerful light and bright interior, an open concept layout — there is so much to love about this sweet place. Adorable Kitchen boasts a custom wood island complimented by two beautiful wicker pendants, stainless steel appliances, and a custom wood sliding door leading to the pantry. Large utility room offers additional space for storage. Outside, expansive front and backyards provide plenty of space for relaxing and enjoyment! Two additional rooms off the back exterior of the home provide the perfect blank canvas for a workshop or man-cave. Located in the peaceful Speegleville community, this location provides a rural neighborhood setting while having easy access to HWY 6 for a convenient commute to town — 15 minutes to hospitals and 20 minutes to downtown Waco and Baylor. Schedule your showing today and kick off the new year in the cutest home ever!!

Investor Tools

Property Icon
$194,000
Estimated Property Value
$0Estimated Mortgage Balance
$194,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,811
$131,550
2025
$41,820
$89,730
$131,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,811
$131,550

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$194,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
N/A
+$1,470/mo
9.1%

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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358 Norwood Dr | Property Details | No Agent List