See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

726 Gaywood Dr, Woodway, TX, 76712

4beds
3baths
2,434sqft
$229,900
$94price/sqft
$1,700/moest. monthly cost
$68,000/yrincome needed

About This Home

THE LOWEST PRICE HOME IN WOODWAY offers a great opportunity for those looking for a fixer-upper! Set among the rolling terrain and mature trees that define Woodway, this 1.5-story home presents a strong opportunity for a buyer ready to make updates and improvements. The main level features two separate living areas, offering flexibility in layout and use. The second living space, located just off the kitchen and dining area, includes a wood-burning fireplace and direct access to the patio overlooking a wooded ravine. The current layout allows for defined spaces, or it could be opened to create a more connected living area. The first floor includes a primary bedroom with its own en suite bath, along with two additional bedrooms and a full guest bathroom. Upstairs offers a blank canvas with two distinct areas. The larger space could function as a game room or be reimagined into a new primary suite with room for an en suite bath and an expanded closet. The second area, complete with a half bath, works well as an office, additional bedroom, or flex space. The entire upper level could also be redesigned into one expansive primary retreat with a separate sitting area. The possibilities are endless! Out back, the property backs to a wooded ravine, creating a private setting with natural views and a great backdrop for a future patio expansion. The back left portion of the yard offers a semi-flat area that could be reclaimed for pets, play, or additional outdoor use. A recently replaced roof and the updated primary, and primary bath, provides a solid starting point for future updates. For buyers looking for value, location, and the ability to add equity, this property is worth a look.

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

10/10
Woodway Elementary SchoolGrades PK-51.1 mi
8/10
8/10
Midway High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1961

Materials

  • Construction materials: Brick,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Multiple Master Suites
  • Number of fireplaces: 1
  • Fireplace features: Den
  • Fireplace: Yes

Interior Area

  • Total interior livable area: 2,434 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 362600000044000

Features

  • Levels: One and One Half
  • Pool features: None

Lot

  • Lot size: 0.40 Acres
  • Features: Steep Slope,Sloped

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Lightning
Hail
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,162$13,944
Home Insurance *$155$1,860
Property Taxes $116$1,392
Electricity $267$3,207
Total$1,700$20,400
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$58,285/yr
40% on housing$51,000/yr
45% on housing$45,333/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.9%
4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$94This listing

vs Other Active Listings

Avg $/sqft

ZIP 76712$186
McLennan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 76712$175
McLennan County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-11Price change$215,000
2026-04-14Listed for sale$229,900

For Sale by Agent

AgentRoman Novian
BrokerageColdwell Banker Apex, REALTORS

Similar Homes