Location
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.
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.
Property Details
Price:
$229,900
MLS #:
21238305
Status:
Active
Beds:
4
Baths:
2.1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Shalimar
Listed Date:
Apr 14, 2026
Finished Sq Ft:
2,434
Lot Size:
17,467 sqft / 0.40 acres (approx)
Year Built:
1961
Schools
School District:
Midway ISD
Elementary School:
Woodway
Middle School:
River Valley
High School:
Midway
Interior
Bathrooms Full
2
Bathrooms Half
1
Fireplace Features
Den
Fireplaces Total
1
Interior Features
Second Primary Bedroom
Number Of Living Areas
1
Exterior
Construction Materials
Brick, Wood
Garage Spaces
2
Lot Size Area
0.4010
Financial

See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Community
- Address726 Gaywood Drive Woodway TX
- SubdivisionShalimar
- CityWoodway
- CountyMcLennan
- Zip Code76712
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Market Summary
Current real estate data for Single Family in Woodway as of Apr 24, 2026
110
Single Family Listed
79
Avg DOM
207
Avg $ / SqFt
$539,931
Avg List Price
Property Summary
- Located in the Shalimar subdivision, 726 Gaywood Drive Woodway TX is a Single Family for sale in Woodway, TX, 76712. It is listed for $229,900 and features 4 beds, 2 baths, and has approximately 2,434 square feet of living space, and was originally constructed in 1961. The current price per square foot is $94. The average price per square foot for Single Family listings in Woodway is $207. The average listing price for Single Family in Woodway is $539,931. To schedule a showing of MLS#21238305 at 726 Gaywood Drive in Woodway, TX, contact your Aaron Layman Properties agent at 940-209-2100.

726 Gaywood Drive
Woodway, TX




