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$355,870

704 Woodland West Dr, Woodway, TX, 76712

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,192 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.75 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Double Oven, Vented Exhaust Fan
FlooringVinyl, Wood

Exterior

Lot Size12,998 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362330000021008
Lot Number10
SubdivisionKnottingham Forest
Land UseResidential
Legal DescriptionKNOTTINGHAM FOREST LOT 10 BLOCK 3 ACRES .2984
Census Tract002503
Assessed Land Value$40,690
Assessed Improvement Value$315,180
Assessment Year2025

About this property

Set among winding streets and huge trees, 704 Woodland West in Midway ISD defines the charm of old Woodway. This home features 3 bedrooms, 2 full bathrooms, 1 half bathroom, and an additional bonus room. The additional bonus room already has a closet and window and can thus quickly and easily become a 4th bedroom for those wanting more bedrooms. Otherwise, the additional bonus room makes for a perfect office, second living room, playroom, or the like. Furthermore, the half bathroom may even have the potential to become a 3rd full bathroom with the right design. The central vaulted living room has a cozy yet grand feel to it, with a bricked wood-burning fireplace. Off the living room is the formal dining room and kitchen, which maximizes the square footage with plenty of granite countertop space and cabinetry. The kitchen also includes a bonus breakfast area flooded with natural light through the plantation shutters. Out back is a large covered patio, ample green space, storage shed, and a long side driveway great for basketball, biking, and more.

Investor Tools

Property Icon
$355,870
Estimated Property Value
$150,000Estimated Mortgage Balance
$208,511Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,219 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,887
$355,870
2025
$40,690
$315,180
$355,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,887
$355,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$150,000
No
First
May 1, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,359
$208,511
58%
41%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,520/mo
$900/mo
+$620/mo
5.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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704 Woodland West Dr | Property Details | No Agent List