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$439,000

701 Clarence Dr, Woodway, TX, 76712

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,598 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.67 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave, Double Oven
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size21,946 sqft

Building Information

Year Built1972
Stories1
Roof Type112
Garage Spaces2

Land Information

APN362260000007001
Lot Number7
SubdivisionForest Hills
Land UseResidential
Legal DescriptionFOREST HILLS LOT 7 BLOCK 1 ACRES .5038
Census Tract002504
Assessed Land Value$35,770
Assessed Improvement Value$394,420
Assessment Year2025

About this property

Welcome to 701 Clarence Dr, this charming 4-bedroom, 2.5-bath home is nestled in an established neighborhood filled with mature trees, offering both tranquility and convenience to everything Woodway has to offer. Situated on a spacious corner lot of half an acre you can enjoy the serenity of the surrounding greenery while being just minutes away from parks, shopping, and dining options. Inside, you'll find a thoughtfully designed layout with a formal dining room perfect for gatherings. The bright and inviting living spaces include a cozy office for your work-from-home needs, along with a bonus living area that can easily be customized to fit your lifestyle. The kitchen offers plenty of counter space and cabinets that give additional storage throughout and makes it easy to host. The four generously sized bedrooms provide ample room for all, including a primary suite that includes an updated private bath. The well-maintained yard offers plenty of outdoor space for gardening, relaxation, or entertaining. Don't miss the opportunity to call this beautiful, one-of-a-kind home your own—schedule a tour today!

Investor Tools

Property Icon
$439,000
Estimated Property Value
$356,000Estimated Mortgage Balance
$88,206Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$620/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,239
$410,794
2025
$35,770
$394,420
$430,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,239
$410,794

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$356,000
No
First
Jul 25, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,794
$88,206
20%
80%
$2,135/mo

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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701 Clarence Dr | Property Details | No Agent List