








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


Rental property for sale in Woodway at 1605 Tranquility Trl, Woodway, TX, 76712 priced at $429,000 converts $3,888/mo rent into $812/mo cash flow after a $2,100/mo obligation. Total monthly income equals $3,888/mo, and annual cash flow totals $9,745/yr on $142,214 invested. Return on cash invested prints 26.76% in year one, and rental yield reads 10.88% against a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation compiles into $118,525 by year five. Five-year ROI reaches 140.91% and total cumulative return in cash sums $200,389. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,888/mo property income covering a $2,100/mo payment, not borrower’s personal income.
Single Family
Built in 2022
5,096 sqft lot
$N/A/sqft
$300 annually 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 |
|---|---|---|
| 2024-05-08 | Listed for sale | $429,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Beau Ballard • Weichert, Realtors - The Eastland Group
Mls Name: WMLS
Mls Provider:
Mls ID: #222757
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 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-31 04:58:22 PDT