Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 506 Lazy Acres Dr, Woodway, TX, 76712 offers $2,870/mo rent that, after a $2,447/mo payment. Total monthly income is $2,870/mo. Return on cash invested measures 14.95% in year one, and rental yield stands at 6.89% at a $500,000 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 77.43% and total cumulative return in cash reaches $128,348. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,870/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
1.01 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $500,000 |
| 2021-11-17 | Sold | N/A |
| 2021-11-02 | Pending sale | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $4124.36 | -3.24% | $389,830 | -2.14% |
| 2023-04-24 | $4262.65 | -20.25% | $398,350 | 5.65% |
| 2022-04-24 | $5345.20 | 27.06% | $377,050 | 35.39% |
Listed by: Brian Bundy • Bentwood Realty
Mls Name: NTREIS
Mls ID: #20914973
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.
