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$490,000

768 Elmwood Dr, Woodway, TX, 76712

$529,670 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,920 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.81 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Tankless Water Heater

Exterior

Lot Size1.49 acres

Building Information

Year Built1963
Roof Type105
Garage Spaces2

Land Information

APN364070000183010
Lot Number27,26B
SubdivisionWestern Hills
Land UseReal, Residential Single-Family
Legal DescriptionWESTERN HILLS LOT 26B 27 28 29 BLOCK 7 ACRES 1.491
Census Tract002900
Assessed Land Value$44,810
Assessed Improvement Value$308,110
Assessment Year2025

About this property

Discover the perfect blend of space, comfort, and convenience with this stunning four-bedroom, three-bath home situated on over 2 ½ acres. Featuring a striking rock exterior and thoughtfully updated interior, this two-story residence offers timeless style with modern upgrades throughout. Inside, you’ll find an inviting layout designed for today’s lifestyle—generous living areas, a modernized kitchen, and spacious bedrooms ideal for both family living and entertaining. The property also includes a versatile workshop and a greenhouse, perfect for hobbyists, gardeners, or those seeking extra storage and work space. Set in a central location, this home provides the best of both worlds: privacy and room to spread out, yet just minutes from Midway ISD, shopping, and hospitals. Whether you’re raising a family, investing, or looking for a retreat with convenience, this property is an exceptional opportunity. Call me today to schedule your private showing and see how this home can meet your needs.

Investor Tools

Property Icon
$485,000
Estimated Property Value
$416,000Estimated Mortgage Balance
$83,303Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$529,669
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

Interested in this property?

Amy Garbett

CENTURY 21 Judge Fite Company

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$631/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$352,920
2025
$44,810
$308,110
$352,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$352,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$416,000
No
First
Jul 26, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$401,697
$83,303
17%
83%
$2,495/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$2,495/mo
$-1,025/mo
3.6%

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.

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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768 Elmwood Dr | Property Details | No Agent List