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Woodway

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  1. Jome
  2. New homes search
  3. Texas
  4. Tyler–Longview Area
  5. Mclennan County
  6. Woodway

Housing market in Woodway, TX

  • State
    Texas
  • Neighborhoods
    0
  • Communities
    0
  • Single family
    11
  • Townhouses
    0
  • Multi family
    0
  • Condominiums
    0
  • Active builders
    0
  • Starting price
    $398,000
  • Median price
    $680,000
  • Price per square foot
    $240.05

Real estate price trends

Home price data reflects 0 listings in Woodway, TX, sourced from Jome and updated regularly

*Based on Jome markets

What it's like to live in Woodway?

The Local Vibe (Location & Identity)

Woodway serves as a premier residential enclave in McLennan County, situated just six miles southwest of Waco. This established community maintains a distinct identity from its larger neighbor, characterized by a high percentage of owner-occupied households and a professional workforce. Residents often commute into Waco for healthcare and education sectors while returning to the quiet, wooded streets that define the city's landscape.

Living Here: Amenities & Lifestyle

Daily life often centers on the outdoors, particularly at Woodway Park, which provides access to the southern shores of Lake Waco for hiking and fishing. The Carleen Bright Arboretum acts as a central gathering point, hosting community events across its 16 acres of botanical gardens and nature trails. For shopping and dining, locals frequent the retail corridors along Highway 84 or head to the nearby Richland Mall. The city’s layout prioritizes green space, with Whitehall Park and Poage Park offering playgrounds and athletic fields within walking distance of many neighborhoods. Commuters benefit from direct access to Highway 6 and US-84, making the drive to major employers like Providence Health Network or Baylor University remarkably efficient. This accessibility ensures that while the city feels secluded, urban conveniences remain within a ten-minute drive.

Schools & Family Appeal

Families are primarily drawn to the area by the Midway Independent School District, which serves the entirety of the city. The district is recognized for its strong academic performance and competitive athletic programs at campuses like Midway High School. This educational reputation, combined with the city's low-density residential planning, makes it a top choice for those prioritizing long-term stability.

Why New Construction Makes Sense Here

Much of the existing housing stock in the area dates back to the 1970s and 80s, often requiring significant capital for energy efficiency upgrades. Investing in new construction homes in Woodway allows buyers to bypass the costs of retrofitting older structures with modern insulation and HVAC systems. Based on regional utility data, a 2024 build can potentially save homeowners $150-250 per month on cooling costs compared to a 1990s-era home of similar square footage. These savings, combined with builder-funded rate buy-downs often available in new home communities in Woodway, provide a predictable monthly budget that older inventory cannot match. Choosing a modern build ensures that your investment goes toward equity rather than immediate maintenance or high utility bills in the Texas heat.