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726 Gaywood Drive

Woodway, TX 76712

Listing courtesy of Roman Novian, Coldwell Banker Apex, REALTORS

$199,900
Active
Beds
4
Baths
3
Sqft
2,434
Year Built
1961

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.

Schools

Elementary
Woodway
Middle
River Valley
High
Midway

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #
21238305
Property Type
Residential
Status
Active
County
McLennan
Subdivision
Shalimar
Lot Size
17,467.56 sqft
Garage
2-car
HOA Dues
None
Annual Taxes
$4,803
Days on Market
58 days
Listed
Jun 18, 2026
Price per Sqft
$82

Estimate your monthly payment

Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.

$1,523/mo
Principal & interest
$1,064
Property taxes
$400
Homeowner's insurance (est.)
$58

Based on a 30-year fixed loan. Talk to a lender for an accurate quote.

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IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS.

Listing data via NTREIS · Data refreshed Jun 18, 2026