




726 Gaywood Dr, Woodway, TX, 76712
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
Schools
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
- Cold Wave
- Heat Wave
- Lightning
- Hail
- Inland Flooding
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,162 | $13,944 |
| Home Insurance * | $155 | $1,860 |
| Property Taxes | $116 | $1,392 |
| Electricity | $267 | $3,207 |
| Total | $1,700 | $20,400 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Price change | $215,000 |
| 2026-04-14 | Listed for sale | $229,900 |
For Sale by Agent
