$424,391Average Value$187Average Price per Sq Ft75Homes For Sale
One of Waco’s most popular suburbs
Woodway was home to just 250 residents until the 1950s, when a devastating tornado ripped through Waco, about 5 miles away. As demand grew for new construction and public improvements in the area, Woodway’s population grew, too. Now home to 9,000 people, the central Texas city is one of Waco’s most desirable suburbs, thanks to its top-notch schools and access to Lake Waco. “The main attraction there is the school district,” says Melissa Harrell, Realtor and owner of Onward Real Estate Team at Keller Williams Advantage. “It’s one of the top-ranked school districts in the state. They offer a ton of programs that appeal to varied interests, and they have a very strong STEM program.”
Woodway residents have many options when it comes to choosing their home.
GreatSchools ranks Castleman Creek Elementary School above average for test scores.
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A-plus for Midway Independent School District
Many families settle in Woodway for the schools alone. The Midway Independent School District earns an A-plus from Niche, which ranks it the 17th-best school district in Texas. The sole high school in the district, Midway High, also gets an A-plus from Niche while being recognized for its academics, athletics and music program. Education is also one of the city’s primary employment sectors.
Midway High School is a public school within Waco, TX.
Midway High School in Waco, TX gets an "A+" score on niche.
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Median home price higher than nearby Waco
Home prices in Woodway are higher than in Waco proper, likely owing to the allure of Midway ISD. The median home price is around $400,000, which is in line with the national median but significantly higher than Waco’s median price of $252,000. Prices start around $250,000 to $400,000 for single-family homes, but new construction and larger established builds might cost $450,000 to $600,000. Luxury homes near Lake Waco can sell for $1 million and up. Buyers in these areas should know that homes near the lake are at risk of flooding, which can increase insurance premiums. Woodway’s tornado risk is also significant, even by the Texas standard, which is higher than the national average.
There are many new builds available in Woodway.
Woodway house prices are higher than nearby Waco.
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The jewel of Woodway
Woodway’s location on the banks of Lake Waco invites fishing, picnicking and scenic hikes. “That part of Waco is hilly and wooded, with a lot of mature trees,” Harrell says. Boaters can launch their watercraft from the ramp at Lakeside Park, formerly Woodway Park. A disc golf course offers a variety of shots, with some holes right next to the water. Bear Ridge Golf Club, a semi-private 18-hole course, can be found just west of the city off U.S. Route 84.
Carleen Bright Arboretum — “the jewel of Woodway” — blooms with lush botanical gardens, a meditation grove and a monarch butterfly habitat. Visitors might catch a scarlet glimpse of the city’s official bird, the cardinal, in the 16-acre space. The arboretum hosts events throughout the year, including a farmers market on the third Sunday of every month.
Lakeside Park is a short drive from Woodway residents.
The beautiful meditation grove and butterfly habitat is located in Woodway.
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A short drive to downtown Waco
Education and health care are major employers in town. Ascension Providence Hospital and Meadowlake Medical Center are about a mile away, just off West Highway 6. Downtown Waco is a 5-mile drive away via Route 84, which runs through the heart of town. Buses on the Waco Transit System stop along West Highway 6 and at nearby Richland Mall, but it’s faster to make the trip downtown by car. Waco Regional Airport, 10 miles away, makes daily flights to Dallas-Fort Worth. Since Woodway is roughly 100 miles south of Dallas, travelers might also opt to make the drive themselves. Austin, the state capital, is also about 100 miles away.
Waco Regional Airport is a short drive from Woodway.
Woodway residents have the convenience of the local Hospital near them.
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Within a mile of Richland Mall
Shopping centers, big-box stores and restaurants line the Route 84 corridor, also known as Woodway Drive. Richland Mall, the biggest shopping center between Dallas-Fort Worth and Austin, is less than a mile away. Since downtown Waco is so close, residents also have easy access to Magnolia Market, the shopping complex owned by Chip and Joanna Gaines, local celebrities and hosts of "Fixer Upper" on HGTV.
Downtown Waco is home to the Magnolia Stores and Silos.
Woodway residents usually opt for the local Richland Mall for their shopping needs.
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In the Central Texas Bible Belt
Waco and its suburbs are part of the Central Texas Bible Belt. First Woodway Baptist Church, Woodway United Methodist Church and St. Jerome Catholic Church are just a few of the many churches in the area.
Woodway churches are found all throughout of the famous Bible Belt.
Woodway United Methodist Church is an option for local residents.
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Woodway’s crime rates and other concerns
While the crime rate in Waco is higher than state and national numbers, the crime rate in Woodway is comparatively lower, especially when it comes to instances of violent crime. Additionally, the City of Waco Landfill occupies a sizable chunk of land in Woodway. Though officials expect the landfill to close by the end of 2025, it currently receives up to 1,000 tons of solid waste per day.
Written By
Adrienne Ryan
Photography Contributed By
Debbie Giesbrecht
Video By
Matt Ferguson
Interested in learning more about homes in this area?
Reach out to
Gaye Lynn Rast,
an experienced agent in this area.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
On average, homes in Woodway, TX sell after 72 days on the market compared to the national average of 54 days. The median sale price for homes in Woodway, TX over the last 12 months is $399,949, down 2% from the median home sale price over the previous 12 months.
Welcome to 12014 Kenai Circle, a stunning 5-bedroom, 3-bathroom home offering 2,897 sq. ft. of thoughtfully designed living space in the highly sought-after Midway ISD. Nestled in one of Woodway’s most coveted neighborhoods, this home perfectly combines modern sophistication with timeless appeal. The inviting open floor plan is filled with natural light, highlighting a classic neutral palette,
Step into the perfect blend of timeless character and modern comfort in this beautifully remodeled 1957 home. Thoughtfully renovated from top to bottom, this residence now offers a bright, open floorplan ideal for both everyday living and entertaining. The updated kitchen features sleek granite countertops, modern cabinetry, and seamless flow into the living and dining areas, creating a warm and
Discover the perfect blend of space, comfort, and convenience with this stunning four-bedroom, three-bath home situated on over 2 1⁄2 acres. Featuring a striking rock exterior and thoughtfully updated interior, this two-story residence offers timeless style with modern upgrades throughout.Inside, you’ll find an inviting layout designed for today’s lifestyle—generous living areas, a modernized
MOTIVATED SELLER! 10317 Fallen Leaf Drive, Waco, TX 767124 Bedrooms - 2 Bathrooms - Midway ISD - No HOA Welcome to 10317 Fallen Leaf Drive—a beautifully maintained 4-bedroom, 2-bath home located in desirable West Waco within the highly acclaimed Midway ISD. Step inside to a bright, open-concept floor plan featuring LVP flooring, crown molding, and a spacious living area with a wood-burning
Welcome to this well-cared-for 3-bedroom, 2-bath home located in the heart of Woodway. The layout is practical and inviting, with comfortable living spaces designed for everyday living.Situated in highly desirable Midway ISD, this home offers an ideal balance of neighborhood charm and convenience. HEB, Walmart, the post office, dining, and multiple churches are all just minutes away, making
This spacious and lovely residence is situated within the Hallmark town of Woodway, TX, close to the highly sought-after South Bosque Elementary, and with quick access to restaurants, shops and so much more. Boasting a meticulously maintained and move-in ready design, this four-bedroom, three-bathroom home seamlessly combines modern luxury with cutting-edge smart technology, creating a harmonious
Rare opportunity in sought-after Bent Tree! This beautifully remodeled 3-bedroom, 2.5-bath home with 2-car garage is located on a desirable cul-de-sac of charming patio homes, within a quick walk to the community pool & clubhouse! Thoughtfully updated throughout, this property blends charm, comfort, and functionality. Upon entry, you’ll appreciate the extensive renovations the sellers made after
Your Dream Home Awaits in Woodway, TX!This stunning new construction two-story home offers the perfect blend of style, comfort, and modern convenience with 4 bedrooms, 2.5 baths, and 2,094 sq. ft. of thoughtfully designed living space.Step inside and fall in love with the open-concept layout, where the spacious living, dining, and kitchen areas flow seamlessly together—ideal for both
203 Merrifield Drive, a .341 acre lot in the new Badger Ridge subdivision of Woodway, is the perfect site for your dream home! Gorgeous views of the tree-tops and open skies - all the way to McGregor, TX. Midway ISD. Easy access to Hwy 84, and convenient to Hewitt Drive, Hwy 6, and more. Survey available upon request.
Welcome to the epitome of luxury living in the Westlake subdivision, nestled in the heart of Woodway, Texas. The exclusive enclave of Westlake offers the ultimate in privacy and security, featuring a meticulously landscaped grand entrance and 12 acres of open spaces. Residents will indulge in leisurely strolls along wide sidewalks, refining their golf games on the impressive 17-hole putting
Welcome to the epitome of luxury living in the Westlake subdivision, nestled in the heart of Woodway, Texas. The exclusive enclave of Westlake offers the ultimate in privacy and security, featuring a meticulously landscaped grand entrance and 12 acres of open spaces. Residents will indulge in leisurely strolls along wide sidewalks, refining their golf games on the impressive 17 hole putting
Exceptional Lake Waco property in the City of Woodway offering a rare combination of privacy, flexibility and long-term value. This sprawling wooded tract features spectacular lake views and access, mature oak trees, creeks, pond, and an abundance of wildlife. The property is easy to navigate with multiple access points off Poage Drive, Harbor Drive, and Shadow Mountain. City of Woodway utilities
Secretive, hidden, and seemingly isolated yet just 60 seconds from CVS, Walgreens, HEB, and even Woodway Elementary School, Rainbow Lake is coveted for offering a peaceful retreat that's arguably one of the most convenient settings in all of Woodway! ~~~ This lot, one of the last remaining waterfront sanctuaries, is now coming to the market as the ultimate, final opportunity to build
Woodway Park Condominiums offer comfortable townhouses living in a nice, quiet neighborhood with convenient access to everything you need. Located near Lake Waco, Richland Mall, two H-E-B locations, Target, Walmart, two major hospitals and several local schools, these homes combine comfort with convenience. You’ll also find beautiful outdoor spaces nearby, including several parks and the Carleen
Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can
Discover this inviting 3 and 2-bedroom, 2.5-bathroom, two-story townhomes designed for convenience and modern living. The upper level hosts both bedrooms and full baths, alongside a strategically placed washer/dryer closet for effortless laundry access.Downstairs, an open-concept floor plan seamlessly connects the living area and kitchen. The gourmet kitchen boasts an all-electric,
Property Id: 2270367Nestled beneath mature oak trees on a shaded lot, this charming brick home on Falcon Drive sits in the highly sought-after Bird Streets of Woodway. This versatile 3-bedroom, 2-bath home also includes a flexible 4th bedroom that can function as a game room, mother-in-law suite, office, or art studio—complete with its own private entrance. Inside, the home features an
Oversized 1 bed/ 1 bath with full size WD connections, tons of storage, built in vanity/dressing area in bedroom, triple pane windows letting in tons of natural light, fully equipped kitchen including built-in microwave, wood grain vinyl plank (with some carpet on 2nd fl), solar screens, LED lighting and ceiling fan in bedroom.
The Colony Apartments in Waco is your next home! We're in a great location within the Midway Independent School District with easy access to Highway 84 and public transportation. Relax by one of our two sparkling pools or curl up by the fireplace when the weather turns cold. Our homes are pet friendly and offer extra storage, ceiling fans and oversized closets. Washer and dryer connections let
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