








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 408 Wooded Crest Dr, Woodway, TX, 76712 with 5% annual appreciation on a $309,900 basis while $2,412/mo rent supports operations. Total monthly income totals $2,412/mo and a $1,517/mo payment preserves $208/mo for cash returns. Annual cash flow comes to $2,497/yr on $102,732 deployed, and return on cash invested reaches 22.34% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,620 alongside rental yield of 9.34%. Five-year ROI measures 117.12% and total cumulative return in cash totals $120,324.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,412/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.30 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 |
|---|---|---|
| 2025-06-20 | Listed for sale | $309,900 |
| 2025-04-05 | Contingent | $299,900 |
| 2025-01-15 | Price change | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-20 | $3898.86 | 10.97% | $294,402 | 10.00% |
| 2023-06-20 | $3513.30 | -17.63% | $267,638 | 10.00% |
| 2022-06-20 | $4265.01 | -1.39% | $243,307 | 10.00% |



Listed by: Melissa Miller • Magnolia Realty
Mls Name: NTREIS
Mls ID: #20976305
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.