








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 8257 Forest Ridge Dr, Woodway, TX, 76712 uses $137,573 cash to close to unlock $11,319/yr annual cash flow and $943/mo monthly cash flow. Total monthly income runs $3,898/mo, and a $2,031/mo payment keeps the spread at $943/mo. Purchase price stands at $415,000, and rental yield measures 11.27% with $3,898/mo rent. Return on cash invested shows 28.14% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 148.2% and total cumulative return in cash records $203,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,898/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.48 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 |
|---|---|---|
| 2024-07-30 | Listed for sale | $415,000 |
| 2023-06-12 | Listing removed | N/A |
| 2023-05-22 | Price change | $2,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $6935.21 | N/A | $372,740 | 21.74% |
| 2022-08-31 | N/A | N/A | $306,166 | 10.00% |
| 2021-08-31 | N/A | N/A | $278,333 | 10.00% |



Listed by: Katherine Snapp • Camille Johnson
Mls Name: WMLS
Mls Provider:
Mls ID: #224638
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 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-31 04:28:25 PDT