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$349,000

1040 Wedgewood Dr, Woodway, TX, 76712

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,762 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.07 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Refrigerator, Washer
FlooringCarpet, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwnings
Lot Size13,355 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480383050523000
Lot Number23
SubdivisionSouthwood
Land UseResidential
Legal DescriptionSOUTHWOOD LOT 23 BLOCK 1 ACRES .3066
Census Tract002503
Assessed Land Value$25,910
Assessed Improvement Value$227,630
Assessment Year2025

About this property

Welcome home to this inviting brick residence, featuring a covered front porch and fresh landscaping. Inside, wood flooring, recessed lighting, and a white-painted brick fireplace create a bright, welcoming feel. The spacious living area flows into the dining room, where sliding glass doors open to the backyard and heated pool near a covered awning. The updated kitchen offers white cabinetry and a clean, modern look. Refreshing bathrooms include updated vanities and tiled tub or shower surrounds, while the bedrooms feature neutral finishes and comfortable carpeting. A versatile additional room can serve as a home office or flex space. Enjoy the blend of indoor comfort and backyard entertaining this home has to​​‌​​​​‌​‌​​​‌​‌​​‌‌‌​​‌ offer.

Investor Tools

$60,108Estimated Mortgage Balance
$242,892Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

Interested in this property?

Jad Halabi

Texas Luxe Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,035
$253,540
2025
$25,910
$227,630
$253,540
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,035
$253,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kobra Investments Llc
Unknown
$61,000
No
First
Dec 9, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$60,108
$242,892
80%
20%
$366/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$366/mo
+$1,104/mo
5.8%

City: Woodway

1040 Wedgewood Dr | Property Details | No Agent List