








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Woodway at 10505 Hiawatha Dr, Woodway, TX, 76712 with 5% annual appreciation on a $262,999 basis while $2,279/mo rent supports operations. Total monthly income totals $2,279/mo and a $1,287/mo payment preserves $404/mo for cash returns. Annual cash flow comes to $4,850/yr on $87,184 deployed, and return on cash invested reaches 25.47% in year one. Equity gained on principal adds $1,697/yr, and five-year appreciation sums $72,662 alongside rental yield of 10.4%. Five-year ROI measures 133.95% and total cumulative return in cash totals $116,783.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,279/mo property income versus a $1,287/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76712, Woodway, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,159 (100%) |
| Owner Occupied HU | 7,758 (63.8%) |
| Renter Occupied HU | 3,664 (30.1%) |
| Vacant Housing Units | 737 ( 6.1%) |
| Median Home Value | $345,561 |
| Average Home Value | $391,016 |
Residential
12,041
Single Family
10,323
Multi-Family
1,718
Businesses
1,182
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Price change | $262,999 |
| 2024-07-29 | Price change | $266,500 |
| 2024-06-06 | Price change | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4423.14 | -25.73% | $276,280 | -0.14% |
| 2023-02-13 | $5955.14 | 120.12% | $276,660 | 42.85% |
| 2022-02-13 | $2705.40 | -11.82% | $193,674 | 10.00% |



Listed by: Daniela Rodriguez • Turner Brothers Real Estate, LLC
Mls Name: WMLS
Mls Provider:
Mls ID: #222298
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 06:23:23 PST