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731 Rainbow Rdg, Canyon Lake, TX, 78133

$674,900

Home List Price

$8,014*

Closing Credit

3 Bedrooms
2 Full Baths, 3 Partial
2,891 SqFt
$233/SqFt
House

Location

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731 Rainbow Rdg, Canyon Lake$674,900

Buyer Closing Credits

$8,014*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingThree Car Garage, Detached, Rear Entry
Year Built2006
HeatingCentral, Heat Pump, Electric
CoolingCentral Air, Heat Pump, Zoned
FireplaceNot Applicable
MLS #1813833
Lot Size1.09 Acres
StatusActive
(Price Change)

About 731 Rainbow Rdg

Discover this amazing home on one acre located inside the infamous horseshoe in Canyon Lake! Walking distance or a very short drive to tubing activities and live music at Whitewater Amphitheater. Perfect for someone looking for a small community close to activities or an investor looking for short or long term rental potential. The main structure is made of steel, ensuring solid and long lasting durability. This spacious, almost 2900 square foot home, features 3 generously sized bedrooms with ensuite bathrooms and lots of storage built in. The living room and dining areas are expansive and open toward an additionally spacious kitchen with an island and walk in pantry. You'll enjoy a welcoming front porch with beautiful views of the surrounding hill country and behind the home, you'll find abundant space under the carport, which can be used for parking, an outdoor entertainment area or easily both. Additionally, you'll be impressed with the 1800 square foot workshop that sits to the back of the property. It features a large loft area, electrical and plumbing, and features a bathroom and shower area. If that's not enough, the property also boasts 2 RV spaces with hook ups and an outdoor shower for rinsing off your river day. There is so much potential for this beautiful property, so bring your dreams. Plan your tour today!

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 2006
  • Stories: 1
  • Living Area: 2,891 SqFt

Listing Office:

  • Office Name: Keller Williams Legacy
  • Office Phone: (210) 482-9094
  • Listing Agent: Kristen Schramme

Interior Features

Interior Information:

  • Appliances: Ceiling Fan(s), Oven, Disposal, Dishwasher
  • Flooring Type: Carpeting, Ceramic Tile
  • Interior: One Living Area, Liv/Din Combo, Breakfast Bar, Shop, Utility Room Inside, Utility Area in Garage, Secondary Bedroom Down, 1st Floor Lvl/No Steps, High Ceilings, Open Floor Plan
  • Fireplace: Not Applicable

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Covered Patio, Storage Building/Shed, Detached Quarters, Additional Dwelling

Parking Information:

  • Attached Garage: No
  • Parking: Three Car Garage, Detached, Rear Entry

Lot Features

Lot Information:

  • Lot Size: 1.09 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Electric
  • Cooling: Central Air, Heat Pump, Zoned

School Info

Assigned Schools Information:

  • Canyon Lake High School, Public District Grades 9-12
  • Mountain Valley Middle School, Public District Grades 6-8
  • Mountain Valley Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: FM 306 TO RAINBOW RIDGE AT THE HORSESHOE. HOME ON THE LEFT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $674,900
  • Price Per SqFt: $233/SqFt

Tax Information:

  • Annual Amount: $3,565
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Canyon Lake, TX.

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Canyon Lake, TX

City

Med. Sold Price

$460.3K

Med. Price/SqFt

$225

Avg. Days On Market

122

# of Sold Homes

61

731 Rainbow Rdg vs Canyon Lake

31 DAYS ON ROCKET

-91 Days

$674,900

+$214.5K More

$233/SqFt

+$7 More

KEY TAKEAWAY

This property is $214.5K more than the Median Sold Price and $7/SqFt more than other homes in Canyon Lake, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #1813833

Listing Office:

  • Office Name: Keller Williams Legacy
  • Office Phone: (210) 482-9094
  • Listing Agent: Kristen Schramme

IDXDisclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2024 San Antonio Board of Realtors®. All Rights Reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/5/2024, 5:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,565$309,100
2020$5,651$315,550
2019$6,222$358,820
2018$6,222$326,200
2017$6,487$343,620

History based on county public records data.

Payment Calculator

$3,436

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1872378
8
/10

  • Mountain Valley Elementary School

  • 310 Cannan Rd

  • 0.64 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1872379
7
/10

  • Mountain Valley Middle School

  • 1165 Sattler Rd

  • 1.26 miles

  • Public District Grades 6-8

High School

school-card-donut-1872380
5
/10

  • Canyon Lake High School

  • 8555 Fm 32

  • 6.30 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,265. Typical income of Canyon Lake, TX residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 731 Rainbow Rdg

What is the listing price of this property?

The listing price of 731 Rainbow Rdg property is $674,900.

What type of property is this?

The property 731 Rainbow Rdg is a house located in Canyon Lake, Texas, 78133.

Is this property for sale now?

Active Listing: 731 Rainbow Rdg is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 731 Rainbow Rdg are:
Mountain Valley Elementary School: GreatSchools Rating 8/10
Mountain Valley Middle School: GreatSchools Rating 7/10
Canyon Lake High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,565 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 731 Rainbow Rdg has 3 bedrooms and 2 full and 3 half bathrooms.

What is the square footage of this property?

The property 731 Rainbow Rdg is 2,891 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 731 Rainbow Rdg is 2006.

Rocket Homes›Texas›Comal County›Canyon Lake›78133›731 Rainbow Rdg

This home is located at 731 Rainbow Rdg in Canyon Lake, TX and zip code 78133 in the Riverpoint Estates neighborhood. This 2,891 square foot home, which was built in 2006, sits on a 1.09 acre lot. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $674,900.

In October 2024, from all listings sold in Canyon Lake, TX there were more than 6 sold above asking price, over 42 sold below and more than 13 were sold right at the asked price. The number of homes for sale in Canyon Lake, TX increased by 8.2% between September 2024 and October 2024. In October 2024 median list price was $460,384 and the average listing age was 122 days.

From Rocket Homes Real Estate and based on county public records data.

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