Woodway, TX
Commercial Real Estate Market Trends & Data

$263 Avg asking sale price
$15 Avg asking lease rate
15,858 SF Avg unit lease size
58,680 SF Avg building size for sale
6.00% Average cap rate

Woodway's Demographic Profile

Woodway has 3,591 households and a median income of $111,921, providing context for rent absorption and tenant demand across retail and multifamily assets. A +6% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 9,885
# Households 3,591
Median age 44
Median household income $111,921
Avg household size 3.0
Renter-occupied housing units 474
5-year population change +6%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Woodway, TX

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Woodway $298 29,486 SF
Hewitt $969 2,419 SF
Waco $237 18,242 SF
Bellmead $216 5,083 SF
Lacy Lakeview $39 49,008 SF

Commercial Properties For Sale in Woodway

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

3301 6 hwy

Woodway, TX 76712

  • 51.92 AC Lot
  • 1 Commercial Lot
  • $2,500,000
For Sale

Barnes & Noble Booksellers

Waco, TX 76710

  • 20,010 SF Retail Building
  • $3,500,000
For Sale

300 Lake Air dr

Waco, TX 76710

  • 5,100 SF Office Building
  • $675,000
For Sale

1417 Hewitt Dr

Woodway, TX 76712

  • 2,419 SF Retail Building
  • 6.00% Cap Rate
  • $2,345,000
For Sale

5.582 Acres Texas Central Parkway

Waco, TX 76712

  • 5.58 AC Lot
  • 1 Commercial Lot
  • $1,999,999
For Sale

209 Otis Dr

Woodway, TX 76712

  • 16,984 SF Industrial Building
  • $1,900,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Woodway pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Woodway $263 58,680 SF
Beverly Hills $152 4,607 SF
Hewitt $582 12,740 SF
Waco $240 22,679 SF
Robinson $326 21,589 SF

Regional Demographic Comparison

This comparison places Woodway alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Woodway or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Woodway 9,885 3,591 44 $111,921 3 474 6%
Beverly Hills 2,326 699 35 $50,130 3 248 6%
Hewitt 15,945 5,957 39 $91,995 3 1,675 6%
Waco 153,923 57,859 32 $49,750 2 31,830 6%
Robinson 12,256 4,354 38 $94,575 3 1,074 4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Woodway, TX and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Woodway

View All Commercial Real Estate For Sale in Woodway
Is Woodway a good market for a first-time commercial real estate investor?

Woodway offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Woodway?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Woodway. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Woodway?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Woodway. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Woodway compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Woodway. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Woodway acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Woodway, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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