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195 ASHLAND Drive

Woodway, TX 76712

$420,000

2 units · 2014

Units2
Building area3,116 sq ft
Year built2014
Gross income$35,000/yr
Cap rate3.1% as listed
Parking2 spaces
Lot size0.494 acres
TypeDuplex

What it costs to own

Taxes$4,843 per year
HOANone listed
Operating expenses$22,000 per year — as listed
Insurance$3,500 per year — as listed
Net operating income$13,000 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Located in the sought-after Midway ISD, this inviting duplex is a wonderful opportunity for both new and seasoned investors. Each side features a comfortable 3-bedroom, 2-bath layout with an attached 2-car garage, open living spaces, and a fenced backyard. Both units are currently leased month-to-month, giving you the freedom to adjust rent, renew with great tenants, or make future improvements. With its convenient location and welcoming design, this duplex is a smart investment with long-term appeal!

The details

HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air
FlooringTile
AppliancesDishwasher, Electric Range
Interior featuresOpen Floorplan, Pantry

Construction materialsSiding, Stone Veneer
RoofComposition
FoundationSlab

FencingChain Link
Water sourceCity Water, Individual Water Meter
SewerAerobic Septic, Septic

SubdivisionWESTERN HILLS 2

ElementarySpeegleville
Middle schoolRiver Valley
High schoolMidway
DistrictMidway ISD

Gross income$35,000 per year
Operating expenses$22,000 per year
Insurance$3,500 per year
Cap rate3.1% — as listed
Net operating income$13,000 per year

MLS #21124778
Source
Price changeReduced by $5,000 · Oct 28, 2026
On the market331 days
CountyMcLennan

Around this home

One moment…

Everyday life

Nearest groceryH-E-B · 6.5 mi
Nearest parkSpeegleville Park II · 3.7 mi

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Listing courtesy of Weichert, Realtors - The Eastland Group — Kienninh Le.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21124778. Information last updated October 28, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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