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8240 Forest Ridge Dr, Woodway, TX, 76712

4beds
2baths
2,326sqft
$325,000
$140price/sqft
$2,410/moest. monthly cost
$96,400/yrincome needed

About This Home

Spacious 4 bedroom, 2 bath home with a welcoming circular driveway offering abundant parking and wonderful curb appeal. Bright and airy layout featuring two generous living spaces — perfect for relaxing, gathering, or entertaining. Large back deck ideal for hosting, grilling, and enjoying peaceful evenings under mature, live oak trees. Comfortable, functional, inviting, and full of charm — a perfect blend of space and warmth.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

2/10
4/10
Tennyson Middle SchoolGrades 6-81.8 mi
3/10
Waco High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 1973

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Oven,Gas Cooktop

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Wet Bar,Built-in Features,Double Vanity,Pantry,Tile Counters,Walk-In Closet(s)
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Interior Area

  • Total interior livable area: 2,326 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 480458050615006

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 0.42 Acres

Parking

  • Total spaces: 2
  • Parking features: Circular Driveway,Concrete,Drive Through,Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 2
  • Has uncovered spaces: Yes

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 $1,643$19,716
Home Insurance *$220$2,640
Property Taxes $292$3,504
Electricity $255$3,064
Total$2,410$28,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,628/yr
40% on housing$72,300/yr
45% on housing$64,266/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

$140This listing

vs Other Active Listings

Avg $/sqft

ZIP 76712$185
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
2026-04-30Price change$360,000
2026-04-07Listed for sale$365,000

For Sale by Agent

AgentChristina Schroeder
BrokerageColdwell Banker Apex, REALTORS

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