Woodway Homes under $500,000

Nestled in the heart of McLennan County, Woodway, Texas, is a charming city that perfectly balances suburban tranquility with access to urban amenities. Known for its lush landscapes, friendly community, and exceptional schools, Woodway is an ideal place for families, retirees, and young professionals alike. With its close proximity to Waco, residents enjoy a peaceful retreat while still being just a short drive away from vibrant city life, shopping, dining, and cultural attractions.

One of the most appealing aspects of Woodway is its diverse real estate market, particularly for those seeking homes under $500,000. This price range opens the door to a variety of options, from cozy single-family homes perfect for first-time buyers to spacious properties ideal for growing families. Many homes in this price bracket boast modern amenities, inviting designs, and lovely outdoor spaces, allowing residents to enjoy the Texas sunshine year-round.

The community spirit in Woodway is palpable, with numerous parks, recreational facilities, and community events that foster a strong sense of belonging. Whether you’re exploring the scenic trails of Woodway Park or enjoying a weekend picnic at the local sports complex, there’s always something to do.

With its welcoming atmosphere, excellent schools, and affordable housing options, Woodway is more than just a place to live; it’s a place to thrive. Discover the charm of Woodway, where your dream home awaits at a price that fits your budget!

Newest Woodway Homes under $500,000

$439,000

3 Beds ⋅ 3 Baths ⋅ 21405757 MLS

A home with character, presence, and room to live exceptionally well. Nestled in an established Woodway neighborhood, this 3,267-square-foot split-level residence sits on a half-acre corner lot surrounded by mature trees. With 3 bedrooms, 2.5 bathrooms, a dedicated office, and a spacious game room that could serve as a fourth bedroom, there’s no shortage of ways to make this home your own. Formal living and dining rooms provide space for entertaining, while the kitchen connects to a separate breakfast area for more casual gatherings. The spacious den makes its own statement with exposed wood beams, a wood-burning fireplace, a bar area, and custom built-in bookshelves worthy of your personal library. The kitchen retains its original finishes, adding a touch of nostalgia. Upstairs, the primary suite opens to a private balcony overlooking the treetops, with distant glimpses of Lake Waco. Outside, the naturally sloping landscape adds another dimension to this beautiful, tree-lined setting. Some homes simply have a story worth continuing.

1140 Sierra Dr, Woodway

$350,000

3 Beds ⋅ 2 Baths ⋅ 21402061 MLS

She is a looker! Look at that double lot and that amazing carport. Look at the big, beautiful workshop, and I hear it is fully insulated with electricity on a cement slab. And look, there are two more outbuildings. Look inside and you'll find yourself in a 70's kind of mood. There are some updates, flooring, carpeting, etc. But touches of the 70's like: wood paneling, exposed brick in dining area, medicine cabinets and a lavender tub in the bathrooms. The living, dining and kitchen spaces open to each other with a sliding glass door to the backyard. An enclosed garage provides a fabulous flex space, think another bedroom, playroom, movie room, office and the list goes on. And it has its own outside entrance. A large covered back patio and fenced yard is perfect for all outdoor activities. This home has so much to offer. With a loving touch, she will give you the best feeling home, when times were simpler and you had some space to move around. Located outside city limits - lower taxes!

131 Ronwood, Woodway

$500,000

3 Beds ⋅ 3 Baths ⋅ 21388058 MLS

***PLEASE NOTE THAT THIS PROPERTY IS AN ONGOING PROJECT. PRICING AND PHOTOS MAY NOT REFLECT THE CURRENT, AS-IS, STATUS.*** ~~~ Offering a single floor, four bedroom, two bathroom layout with a nifty powder room off the kitchen near the garage; this 2,296 square foot home boasts dual dining areas, a prominent central living room with vaulted ceilings, and a wonderfully fun, imaginative central atrium (there is simply no limit to what can be done here!). ~~~ Tucked behind the living room, four bedrooms (or three bedrooms and an exceptional, light filled office) fan out around the primary hallway. A central hallway accommodates guest rooms while the home's primary suite features three closets, a GIANT soaking tub, and secluded shower. ~~~ Outside, a fun and funky patio with covered bridge overlooks the super spacious backyard and play area. A storage shed and two car garage keep everything tucked neatly away while the fenced yard and mature trees ensure that picnics, fetch, and footie are all easily enjoyed. ~~~ Within walking distance of Poage Park (it's just a block away) and just across the street from a newly remodeled home asking well over $250.00 per foot, this home presents a fabulous opportunity for those in the know. ~~~ Midway schools, four bedrooms, two and a half bathrooms, and a spacious yard just blocks from Poage Park for JUST $500,000 is as rare as a unicorn wearing roller skates. Call or text today so that you can set up your 2026 for success! When you do, be sure to ask about completion of the home and working with the design firm, The McLeod Company, to reimagine this home or finish it out to your specifications!

9917 Sandalwood Dr, Woodway

$465,000

4 Beds ⋅ 3 Baths ⋅ 21399468 MLS

Tucked among mature trees on a private corner lot in Woodway, this spacious 4-bedroom, 2.5-bath home offers multiple living levels with plenty of room to spread out. The split-level floor plan creates distinct spaces throughout the home, including multiple living and dining areas, a generously sized kitchen with abundant cabinetry and island seating, and a temperature-controlled sunroom surrounded by windows—the perfect spot to enjoy the wooded setting year-round. Upstairs, all four bedrooms provide comfortable private spaces, including a spacious primary suite with an ensuite bath and ample closet storage. The lower level adds even more flexibility with an additional living area, office, half bath, and access to the attached two-car garage—ideal for working from home, a game room, media space, or hobbies. Outside, mature trees surround the property and create a wonderfully secluded feel, with a deck and backyard spaces that take full advantage of the natural setting. With its flexible layout, abundant storage, attached two-car garage, and peaceful corner-lot location, this Woodway home offers privacy, convenience, and space both inside and out!

435 Elmwood Rd, Woodway

$365,000

4 Beds ⋅ 2 Baths ⋅ 21386494 MLS

*Seller financing available* Move-in ready and beautifully updated in Woodway! This spacious 4-bedroom, 2-bath home offers an inviting open layout that seamlessly connects the kitchen, dining, and living areas, making everyday living and entertaining a breeze. The living room features a striking floor-to-ceiling stone fireplace, complemented by new wood-look flooring throughout, fresh interior paint, and clean, modern finishes. The remodeled kitchen showcases quartz countertops, updated cabinetry, stainless steel appliances, and a classic subway tile backsplash. For added peace of mind, the foundation has been fully leveled and includes a lifetime transferable warranty. The home also features new seamless gutters and sits on an oversized lot with a fully fenced backyard. A private rear-entry 2-car garage provides convenient parking and additional privacy. Updated, spacious, and ready for its next owners, this Woodway home is one you won’t want to miss!

1132 Western Oaks Dr, Woodway

$457,000

3 Beds ⋅ 4 Baths ⋅ 21393855 MLS

Located on one of Woodway's favorite streets this home is ONE OF A KIND in architecture, layout, and style. With three separate living areas and an ease to the layout, this home is so spacious with so many options. Dining Room, Office, Playroom, Man Cave 4th bedroom.. any of these are possible in this home. Flooded with natural light though picture windows, the modern and earthy tones mark it as both modern and warm. The beautiful UPDATED kitchen features large cabinet space, quartz countertops, stainless steel appliances, and PortStone brick tile, with a quaint breakfast area looking out to the sprawling backyard. The primary bedroom features two separate closets and a large bath with a gorgeous soaking tub, a beautifully tiled shower and dual sinks. The second bedroom features two closets and an ensuite bathroom with a stunning walk in shower. In the third bedroom you'll find a cedar closet as well as a door to the upstairs patio that looks out over the many oak trees. The third bathroom is a tub shower combo with a large vanity perfect for guests! EACH bathroom in this house has been updated. The attached two-car garage features a three-layer, full chip coating system, making it durable and functional for all kinds use. A new roof was installed in 2022. Downstairs HVAC installed 2021, New ducting installation installed 2022, The curb appeal of this home cannot be beat and the fully fenced backyard is huge, with stunning mature oak trees, a perfect patio spot under the shade, and a storage shed. This home is tucked back in so privately but is close to all of your favorite things! Just a short walk to WhiteHall Park and the Broughton Ball Fields. Woodway Elem, HEB, and numerous restaurants just moments away. Some photos have been virtually staged to bring a vision of what all is possible in this beautiful home.

425 White Hall Rd, Woodway

$389,900

3 Beds ⋅ 3 Baths ⋅ 21388171 MLS

Discover this stunning home situated on a prime corner lot! Featuring 3 bedrooms and 2 bathrooms, plus a spacious, air-conditioned bonus room, this property is a true gem. The large kitchen and breakfast area flow effortlessly into the dining room, while a cozy fireplace awaits you in the living room for those chilly winter evenings. The water heater is only 6 months old, and the hallway bathroom was completely remodeled just two months ago. Updated lighting and plumbing fixtures. Beautiful Luxury Vinyl plank flooring runs throughout the home. The carpeted bonus room opens into the kitchen and leads out to the carport, perfect for gatherings. This home boasts a coveted man cave with a built-in bar and a generous workshop, offering everything you need for hobbies and entertaining. Enjoy covered RV parking, a metal storage building, a covered back porch, and a deck perfect for summer swim parties. Plus, a convenient pool house with its own bathroom adds to the appeal. Don’t miss out on this incredible opportunity! Buyer and Buyer’s Agent to verify square footage.

400 Cranbrook Dr, Woodway

$284,900

3 Beds ⋅ 2 Baths ⋅ 21379791 MLS

Welcome to 896 Randy Dr in Woodway, where comfortable country-style living meets everyday convenience. Situated on approximately one acre in a pleasant, established area, this 3-bedroom, 1.5-bath brick home offers approximately 2,366 square feet, a spacious layout, and plenty of room to enjoy inside and out. The open floor plan connects the living, family, dining, and kitchen areas, making the home ideal for both relaxed daily living and entertaining. The generous eat-in kitchen features abundant cabinetry, ample counter and workspace, and a breakfast bar for additional seating. Wood-look flooring throughout much of the main living area adds warmth and creates a natural flow between rooms. Accessibility features include a ramped entrance and an interior layout designed for easier mobility. The enclosed patio offers a versatile space for relaxing, gathering, or enjoying peaceful backyard views throughout the year. Outside, mature trees and an expansive yard create a quiet, country-like setting with plenty of open space. Multiple storage sheds provide convenient room for lawn equipment, tools, hobbies, and more. An attached two-car garage, gutters, and the approximately one-acre lot add to the home's practical appeal. With generous living space, flexible indoor and outdoor areas, and a peaceful setting in a desirable Speegleville location, 896 Randy Dr is a wonderful place to call home.

896 Randy Dr, Woodway

$460,000

3 Beds ⋅ 3 Baths ⋅ 21384166 MLS

Welcome to 17015 Stonebriar Rd, located in the highly desirable Badger Ranch subdivision and zoned to Midway ISD! Situated on a corner lot, this spacious two-story home offers a functional layout with plenty of room to live, work, and entertain. The main level features the primary bedroom, a convenient half bath, and a dedicated office area, perfect for working from home or creating a quiet study space. Upstairs, you’ll find a spacious game room, two additional bedrooms, and a full bathroom, providing a great separation between living and sleeping spaces. With 3 bedrooms, 2 and a half bathrooms, approximately 2,651 square feet, and a versatile floor plan, this Badger Ranch home offers the space and location buyers are looking for. Conveniently located near shopping, dining, schools, and everything the Woodway , Waco area has to offer.

17015 Stonebriar Rd, Woodway

$344,000

3 Beds ⋅ 2 Baths ⋅ 21383360 MLS

Welcome to this charming 3-bedroom, 2-bathroom nestled on an extra large 0.4 acre lot with beautiful mature oak trees in the coveted South Bosque Elementary and Midway ISD. The thoughtfully designed split-bedroom arrangement provides privacy, with an updated primary suite featuring a beautiful ensuite bathroom and spacious walk-in closet. The bright living room is filled with natural light and showcases a cozy wood-burning fireplace, creating a warm and inviting gathering space. The eat-in kitchen offers a gas range, abundant cabinetry, and loads of storage, making meal preparation and everyday living a breeze. Updated windows frame picturesque views of the surrounding oak trees and bring an abundance of natural light into the home. Step outside to enjoy the large covered back deck overlooking the expansive yard—a wonderful setting for outdoor dining, entertaining, or simply relaxing. A detached 2-car garage provides excellent parking and storage options. Recent improvements include an HVAC system replaced in 2024 and spray foam insulation throughout, adding to the home's energy efficiency and year-round comfort. With its secluded setting, spacious yard, mature oaks, inviting interior, and desirable Midway ISD location, this charming country home is a rare opportunity to enjoy peaceful living in a highly sought-after area.

14212 Wagner Dr, Woodway

$235,000

3 Beds ⋅ 2 Baths ⋅ 21382892 MLS

Welcome to 308 Catalina Drive in Waco, located in the highly desirable Midway ISD. This inviting 3-bedroom, 2-bath home offers a comfortable layout with a warm, easy flow that makes everyday living feel effortless.Inside you will find 3 spacious bedrooms providing comfortable accommodations for family, guests, or even a dedicated home office. The large fenced in backyard creates peaceful outdoor space to relax or entertain. Tucked into an established neighborhood with convenient access to shopping, dining, and schools, this home is a great opportunity for anyone looking for comfort and location all in one.

308 Catalina, Woodway

$399,000

3 Beds ⋅ 2 Baths ⋅ 21381971 MLS

Welcome to the country, a beautifully maintained gated property offering 1.24 acres of peaceful country living just minutes from Waco. This exceptional property combines comfortable living with incredible versatility, featuring a spacious 3-bedroom, 2-bath home, a 34x70 shop with electricity and water, 18x40 RV covered parking, and a generous circle drive. The well-appointed home offers large bedrooms with walk-in closets, providing plenty of storage for everyday living. The kitchen features top-of-the-line stainless steel appliances and opens to inviting living spaces highlighted by an electric fireplace. The primary suite offers a private retreat with a beautifully tiled walk-in shower, while the second bathroom features a relaxing jetted tub. Recent improvements include a new roof 2026, HVAC 2025, new paint, fixtures and blinds throughout, kitchen updates include backsplash, appliances and sink adding to the home's appeal and peace of mind. The screened-in back patio provides an ideal space for morning coffee, entertaining, or simply enjoying the serene surroundings. A dedicated area with hookups for a hot tub offers the perfect opportunity to create your own private outdoor retreat. The 34x70 shop with 10'ft roll up doors is a true standout, offering abundant space for a workshop, equipment, hobbies, storage, or recreational use, with both electric and water already in place. The 18x40 RV cover provides convenient protected parking, while the circle drive offers ample room for vehicles, trailers, and guests. There is a water well on property that is not in use, nor has a pump. Water is provided through Aqua CO-OP. Enjoy the tranquility and space of country living while remaining conveniently close to Lake Waco, shopping, healthcare, and all that the Waco area has to offer. With its gated acreage, spacious home, impressive shop, RV accommodations, and numerous updates, this well-maintained property offers a rare blend of privacy, comfort, and functionality.

1478 Galaxy Rd, Woodway

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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