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$297,000

NAL Estimated Property Value

424 Randle Drive, Woodway, TX, 76712

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,959 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.14 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave
FlooringVinyl

Exterior

Lot Size13,299 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces1

Land Information

APN362480000022000
Lot Number3
SubdivisionMidway Hills
Land UseResidential
Legal DescriptionMIDWAY HILLS LOT 3 BLOCK 3 ACRES .3053
Census Tract002504
Assessed Land Value$27,270
Assessed Improvement Value$256,090
Assessment Year2025

About this property

Character. Light. The right updates already done. This Woodway home brings together the charm of an established property with meaningful improvements already in place, including new floors and subfloors, modernized water pipes beneath the home, a remodeled bathroom, backyard irrigation, and a new dishwasher and hot water heater installed in March 2026. Mature trees, inviting curb appeal, and show stopping front windows make an immediate impression. Inside, the living area feels open and bright, with an easy flow into the dining space and kitchen. The kitchen offers ample counter space and a casual seating area, while the primary bedroom includes an ensuite bathroom with a walk in shower. Additional bedrooms give you flexibility for guests, an office, hobbies, or growing needs. The backyard offers space to relax, entertain, and use, with a patio area, storage shed, and irrigation system already in place. With carport parking, close proximity to Poage Park, and Midway ISD, this Woodway home pairs character with updates that matter.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$289,728Estimated Mortgage Balance
$7,272Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$124/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$283,360
2025
$27,270
$256,090
$283,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$283,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$303,500
Yes
First
Dec 21, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,728
$7,272
2%
98%
$1,820/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,520/mo
$1,820/mo
$-300/mo
6.1%

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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424 Randle Drive | Property Details | No Agent List