




$271,757
NAL Estimated Property Value726 Gaywood Dr, Woodway, TX, 76712
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THE LOWEST PRICE HOME IN WOODWAY offers a great opportunity for those looking for a fixer-upper! Set among the rolling terrain and mature trees that define Woodway, this 1.5-story home presents a strong opportunity for a buyer ready to make updates and improvements. The main level features two separate living areas, offering flexibility in layout and use. The second living space, located just off the kitchen and dining area, includes a wood-burning fireplace and direct access to the patio overlooking a wooded ravine. The current layout allows for defined spaces, or it could be opened to create a more connected living area. The first floor includes a primary bedroom with its own en suite bath, along with two additional bedrooms and a full guest bathroom. Upstairs offers a blank canvas with two distinct areas. The larger space could function as a game room or be reimagined into a new primary suite with room for an en suite bath and an expanded closet. The second area, complete with a half bath, works well as an office, additional bedroom, or flex space. The entire upper level could also be redesigned into one expansive primary retreat with a separate sitting area. The possibilities are endless! Out back, the property backs to a wooded ravine, creating a private setting with natural views and a great backdrop for a future patio expansion. The back left portion of the yard offers a semi-flat area that could be reclaimed for pets, play, or additional outdoor use. A recently replaced roof and the updated primary, and primary bath, provides a solid starting point for future updates. For buyers looking for value, location, and the ability to add equity, this property is worth a look.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Woodway
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