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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 721 Fairway Rd, Woodway, TX, 76712 priced at $179,900 converts $1,400/mo rent into after a $881/mo obligation. Total monthly income equals $1,400/mo. Return on cash invested prints 19.84% in year one, and rental yield reads 9.34% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 104.63% and total cumulative return in cash sums $62,397. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,400/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.65 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 |
|---|---|---|
| 2025-05-30 | Listed for sale | $179,900 |
| 2018-05-17 | Listing removed | $1,195 |
| 2018-04-04 | Listed for rent | $1,195 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-31 | $4468.35 | 12.76% | $255,840 | 14.36% |
| 2023-05-31 | $3962.56 | -4.30% | $223,720 | 11.15% |
| 2022-05-31 | $4140.53 | 16.08% | $201,270 | 24.65% |
Listed by: Aaron Williams • Camille Johnson
Mls Name: NTREIS
Mls ID: #20953102
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.
