








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 generates $2,400/mo in rent, after a $1,953/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 15.71% in year one, and rental yield is 7.22% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 81.64% and total cumulative return in cash sums $107,990. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’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 |
|---|---|---|
| 2025-02-06 | Price change | $399,000 |
| 2024-05-08 | Listed for sale | $429,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4060.87 | 8.47% | $262,480 | 18.74% |
| 2023-02-13 | $3743.63 | 508.60% | $221,050 | 762.47% |
| 2022-02-13 | $615.12 | N/A | $25,630 | N/A |



Listed by: Deborah Maher • JPAR Frisco
Mls Name: WMLS
Mls Provider:
Mls ID: #227926
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