








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 738 Randy Dr, Woodway, TX, 76712 generates $1,614/mo in rent and, after a $1,052/mo payment, leaves $85/mo in cash flow. Total monthly income is $1,614/mo, and annual cash flow is $1,025/yr on $71,273 invested. Return on cash invested sits at 21.35% in year one, and rental yield is 9.01% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 111.78% and total cumulative return in cash sums $79,669. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,614/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
0.45 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 |
|---|---|---|
| 2025-05-29 | Price change | $215,000 |
| 2025-05-05 | Listed for sale | $205,000 |
| 2025-05-01 | Pending sale | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $507.25 | N/A | $115,268 | 10.00% |
| 2023-05-29 | N/A | N/A | $104,789 | 10.00% |
| 2022-05-29 | $998.63 | -9.11% | $95,263 | 10.00% |



Listed by: Jordan Alders • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20951103
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.