640 Rainbow Rdg Canyon Lake, TX $ 689,000
640 Rainbow Rdg
$ 689,000
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640 Rainbow Rdg

Canyon Lake, TX, 78133
$ 689,000
Bedrooms5 Baths4.0 Sq 2,774

Monthly Estimate*

$ 4,579

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Single Family Home for sale in Canyon Lake, TX

for $689,000 with 5 bedrooms and 4 full baths. This 2,774 square foot home was built in 1975 on a lot size of 1.0116.

SELLER FINANCING AVAILABLE! LOCATION! LOCATION! LOCATION! COMPLETELY REMODELED AND OPERATING SHORT-TERM RENTAL ON THE HORSESHOE WITHIN WALKING DISTANCE TO THE GUADALUPE RIVER AND WHITEWATER AMPITHEATER. Investors, here is your chance to purchase a complete turnkey home on the Horseshoe. The remodel was completed in late 2023 and has been operating as an STR ever since. The home sits on over an acre and is nestled under the oaks. No flood plain issues with this one and just walk to the tube rental and then into the water for your relaxing two-hour float. The five-bedroom and four-bathroom home was taken down to the studs and redone from the inside out. New plumbing, electrical, septic tank and field, AC, flooring, drywall, windows, doors, designer plumbing and electrical fixtures, solid wood cabinets with soft close and quartz countertops throughout. The attention to detail is obvious when you walk through and some of the vintage original details are visible. Great neighborhood that is at the heart of all the action. The home can be purchased with all the furniture for your complete turnkey vacation rental or second home. Don't miss your opportunity to own this home today.

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Single Family Active

Price

$ 689,000

Bedrooms

5

Full Bath

4

Property Type

Single Family

Taxes

$ 5,844

Style

Single Family Residence

Lot Size

1.0116

Year Built

1975

Town/City

Canyon Lake

County/Region

Comal

MLS | Web ID

5962958

Features
General
Interior Features Two Primary Baths Two Primary Suties Ceiling Fan(s) Vaulted Ceiling(s) Quartz Counters Double Vanity Electric Dryer Hookup French Doors High Speed Internet Multiple Dining Areas Multiple Living Areas
Sewer Septic Tank
Heating Electric Forced Air
Cooling Ceiling Fan(s) Central Air Heat Pump
Utilities Cable Connected Electricity Connected High Speed Internet Natural Gas Not Available Phone Available Water Connected
Roof Composition
Appliances Dishwasher Electric Range Exhaust Fan Microwave Plumbed For Ice Maker
Exterior Features See Remarks
Garage Spaces 0
Patio/Porch Features Covered Patio
Pool Features None
Security Features None
Construction Materials Masonry – All Sides Stone Stucco
Year Built 1975
View Neighborhood Rural
Levels One
Property SubType Single Family Residence
Tax Year 2023
Waterfront Features None
Community Features None
Accessibility None
County Comal
New Construction N
Property Type Residential
HOA / Comm Assn N
Energy Efficient None
Subdivision Name River Point Estates
Facing Direction West
Green Sustainability None
Other Structures None
Status Active
Directions FM 306 to Rainbow Ridge. House is the third on the Left.
High School Canyon Lake
City Canyon Lake
Disclosures Seller Disclosure
MLS Area CM
Lot Size Square Feet 44065.3
Waterfront Y/N N
Street Name Rainbow
Elementary School Mountain Valley
Tax Annual Amount 5844.05
Middle/Junior High School Mountain Valley Middle
Property Condition Resale
Additional Parcels Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/aus/5962958
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 391880
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Interior
Flooring Tile Vinyl
Total Fireplaces 1
Fireplace Features Living Room Wood Burning
Window Features Double Pane Windows Low Emissivity Windows Vinyl Windows
Full Baths 4
Half Baths 0
Street Suffix RDG
Total Bedrooms 5
Main Level Bedrooms 5
Total Baths 4
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Exterior
Fencing Back Yard Partial Privacy Wood
Parking Features Circular Driveway Gravel Off Street Unpaved
Lot Features Front Yard Interior Lot Level Trees-Medium (20 Ft - 40 Ft) Trees-Small (Under 20 Ft)
Water Source Public
Total Parking 10
Foundation Details Slab
Lot Size Acres 1.0116
Covered Spaces 0
Horse Y/N N
Horse Amenities None
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Internal Only
Street Number 1 640
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* Excluded Features
List By
Matthew Hoyt

Listing Agent

Res And Ranch Llc

Broker

matthewhoyttx@gmail.com

Email

Affordability Calculator

$5,066
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,579
Monthly Property Taxes
$487
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4360198 Elementary School
4360134 Middle School
Canyon Lake High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2024$689,000 -1.43% Price Down
4/15/2024$699,000 Listed Price

Map


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640 Rainbow Rdg, Canyon Lake, TX, 78133 is a Single Family Home for sale at $689,000 with 2,774 sqft and a lot size of 1.0116. 640 Rainbow Rdg has 5 bedrooms, 4.0 baths, and was built in 1975. The property's zip code is 78133 which is in Canyon Lake, TX