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$317,000

NAL Estimated Property Value

601 Fairway Rd, Woodway, TX, 76712

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,654 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.73 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Refrigerator, Electric Water Heater
FlooringLaminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size16,509 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362480000001005
Lot Number1
SubdivisionMidway Hills
Land UseResidential
Legal DescriptionMIDWAY HILLS LOT 1 BLOCK 1 ACRES .379
Census Tract002504
Assessed Land Value$29,220
Assessed Improvement Value$266,190
Assessment Year2025

About this property

Nestled in the heart of Woodway, this 3-bedroom, 2.5-bathroom home is a captivating blend of timeless elegance and modern convenience. With new floors throughout (2023) and updated windows (2023), and a new roof in (2022) the residence exudes a fresh, inviting atmosphere. Step into the generously sized living room, where a floor-to-ceiling fireplace adds a touch of charm and warmth. Bedrooms are all a good size. The outdoor space is a retreat in itself, featuring two storage sheds, a large covered back patio, and a backdrop of majestic trees. The corner lot positioning not only ensures extra privacy but also enhances the overall sense of spaciousness. Convenience meets lifestyle as this gem is conveniently located near shopping and dining options, offering the best of both worlds - easy access to amenities and the tranquility of the Woodway neighborhood. Embrace the opportunity to call this Woodway haven your home - schedule a showing today to experience the warmth and character that define this captivating property.

Investor Tools

Property Icon
$317,000
Estimated Property Value
$290,651Estimated Mortgage Balance
$26,349Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,519
$295,410
2025
$29,220
$266,190
$295,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,519
$295,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Va
$301,000
Yes
First
Jun 13, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,651
$26,349
8%
92%
$1,805/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,805/mo
$-335/mo
5.6%

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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601 Fairway Rd | Property Details | No Agent List