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$383,000

8224 Forest Ridge Drive, Woodway, TX, 76712

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,824 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.7 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size16,309 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480458050613003
Lot Number17
SubdivisionWoodland West
Land UseResidential
Legal DescriptionWOODLAND WEST LOT 17 BLOCK 3 ACRES .3744
Census Tract002503
Assessed Land Value$32,780
Assessed Improvement Value$320,310
Assessment Year2025

About this property

Tucked away on a spacious, tree-filled lot, this charming home at 8224 Forest Ridge in Woodway offers a perfect blend of privacy and convenience. Built in 2017 and thoughtfully well-maintained, it combines modern comfort with a serene natural setting. Surrounded by beautiful, mature trees and featuring access to a peaceful seasonal creek, the property feels like your own private retreat. Inside, the home offers 4 bedrooms and 2 bathrooms, providing ample space for family and guests. Step outside to enjoy the gorgeous vaulted patio—ideal for relaxing or entertaining—along with a large, welcoming front porch that enhances the home’s inviting curb appeal. A well-constructed carport adds both functionality and convenience. Located just minutes from the Woodway Family Center, The Arboretum, and Woodway Park, this property delivers the best of both worlds: tranquil living with close proximity to some of the area’s most desirable amenities.

Investor Tools

Property Icon
$383,000
Estimated Property Value
$0Estimated Mortgage Balance
$139,743Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,671
$353,090
2025
$32,780
$320,310
$353,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,671
$353,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
David C Oestreich Etuxc
Open End Mortgage / Open End With Future Advance Clause
$270,000
No
First
Mar 12, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,257
$139,743
36%
64%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,520/mo
$1,619/mo
$-99/mo
4.8%

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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8224 Forest Ridge Drive | Property Details | No Agent List