9 days on rocket

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
Garage3 spaces
Year Built2006
HeatingCentral, Electric, Heat Pump
CoolingCeiling Fan(s), Central Air
FireplaceNone
ViewRiver
MLS #560021
Lot Size1.09 Acres
StatusActive

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: Other, SeeRemarks
  • Year Built: 2006
  • Stories: 1
  • Living Area: 2,891 SqFt

Listing Office:

  • Office Name: Keller Williams Legacy
  • Office Phone: (210) 482-3200
  • Listing Agent: Kristen Schramme

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Oven
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Ceiling Fan(s), See Remarks, Walk-In Closet(s), Breakfast Bar
  • Fireplace: None

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • View: River
  • Exterior: Other, See Remarks

Parking Information:

  • Garage Space: 3 spaces

Lot Features

Lot Information:

  • Lot Size: 1.09 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air

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

9 DAYS ON ROCKET

-113 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 Name: CentralTexas
  • MLS Number: #560021

Listing Office:

  • Office Name: Keller Williams Legacy
  • Office Phone: (210) 482-3200
  • Listing Agent: Kristen Schramme

IDXData provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is 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. ©2024 Central Texas MLS, All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/21/2024, 8:15:55 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.

Nearby Schools

school-card-donut-230533
8
/10

  • Mountain Valley Elementary School

  • 310 Cannan Rd

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-230534
8
/10

  • Hoffmann Lane Elementary School

  • 4600 FM 306

  • 6.12 miles

  • Public District Grades PK-5

school-card-donut-230535
5
/10

  • Startzville Elementary School

  • 42111 FM 3159

  • 6.79 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,265. Most Canyon Lake, TX residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

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 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 November 11, 2024 and is currently priced at $674,900.

Over 6 listings were sold over their listed price in October 2024 in Canyon Lake, TX. In the same period over 42 listings were sold below the listed price and 13 listings were sold for the listed price. Between September 2024 and October 2024, Canyon Lake, TX real estate market has seen increase in the number of listings by 8.2%. The median list price of listings available in October 2024 was $460,384, while the average time on the real estate market was 122 days.

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

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