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$335,000

508 Bellaire Dr, Woodway, TX, 76712

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,605 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.72 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Tankless Water Heater

Exterior

Lot Size15,451 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces3

Land Information

APN362720000139008
Lot Number10
SubdivisionWestwood Hts
Land UseResidential
Legal DescriptionWESTWOOD HTS LOT 10 BLOCK 19 ACRES .3547
Census Tract002503
Assessed Land Value$24,100
Assessed Improvement Value$190,900
Assessment Year2025

About this property

508 Bellaire Drive is a well-located 3-bedroom, 2-bath home in Woodway. The property offers a comfortable layout, that has been updated throughout. Sitting on an oversized, tree covered lot in the heart of Woodway. Updates throughout the last few years include new flooring, kitchen cabinets, windows, appliances, hot water heater, roof and an expanded laundry room.

Investor Tools

$145,668Estimated Mortgage Balance
$118,332Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

Interested in this property?

Caleb Loudamy

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$301/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,288
$215,000
2025
$24,100
$190,900
$215,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,288
$215,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Bank And Trust
Purchase Money Mortgage
$162,000
No
First
May 13, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,668
$118,332
44%
55%
$972/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$972/mo
+$498/mo
6.7%

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.

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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