Woodway, TX

View of Woodway, TX
Image credit: Stuart Geiger / CC BY-SA 2.0
Population
9,753
U.S. Census Population Estimates Program · 2025
Elevation
631 ft
Median Home Value
$370,500
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$1,653/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$115,108
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Woodway

Woodway sits just west of Waco, nestled into rolling, tree-covered hills between Highway 84 and Lake Waco. With a population of around 10,000, it functions as a peaceful, primarily residential community with its own distinct identity. Most neighborhoods feature quiet, winding streets that climb through wooded hills, custom homes perched on scenic ridges, and established properties shaded by mature oaks and pecans. While Woodway is an independent city with its own municipal services, it connects seamlessly to the broader Waco area, putting downtown dining, Baylor University, and major regional hospitals within a quick fifteen-minute drive.

Woodway Park

The centerpiece of the community is the Carleen Bright Arboretum, a 16-acre park featuring botanical gardens, walking paths, a splash pad, and a pavilion that hosts local farmers markets, outdoor concerts, and family events. Outdoor lovers also head to Lake Waco, where miles of paved lakeside trails wind past scenic water views and Lakeside Park’s disc golf course. Everyday shopping and dining sit along U.S. 84 and Bosque Boulevard, offering quick access to groceries and local eateries. For families moving to the area, schools are a major draw; most of Woodway is zoned for the highly regarded Midway Independent School District, though verifying the exact school boundaries for a specific address is always a wise step.

Because Woodway sits on undulating terrain and bluffs above the lake, property features can vary significantly from one street to the next. Sloping lots make it important to evaluate driveway angles, retaining walls, and natural drainage patterns during your home search. The dense tree canopy keeps neighborhoods cooler in the Texas summer, but buyers should also budget for regular tree maintenance and inspect older roofs for weather wear. Taking a test drive during the morning commute will show you how easily a neighborhood connects to Highway 84, while an evening visit gives a good feel for neighborhood traffic and proximity to the lake trails.

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