218 Rainbow Drive

Woodway, Texas 76712

  • 4 Bed(s)
  • 3 Bath(s)
  • 2,860 Sqft
  • 1.02
    Acres(Lot)
$555,000

Description

A rare find in the heart of woodway!
nestled in a private, wooded setting surrounded by mature trees, scenic walking trails, and not one—but two tranquil private lakes, this exceptional home offers the perfect blend of nature, comfort, and convenience. set on a beautifully treed one-acre lot, enjoy breathtaking sunrises and sunsets from multiple balconies that wrap around this inviting home.
inside, you'll find a spacious, updated kitchen that opens to the dining and living areas—ideal for hosting family gatherings or entertaining friends. the main floor boasts three generous bedrooms and two full bathrooms, offering comfort and privacy for all. upstairs, a private bonus room with a full bath provides the flexibility for a home office, guest suite, or creative studio.
additional features include a detached 2-car garage, a large workshop, and direct frontage access to one of the serene lakes—perfect for fishing, kayaking, or simply relaxing by the water.
don’t miss this rare opportunity to own a peaceful retreat just minutes from the conveniences of town. welcome home to woodway living at its finest!

  • Property Type

    Residential

  • County

    McLennan

  • Style

    Single Detached

  • AD ID

    49706434

Sell a home like this and save $32,801 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Bedroom Information

    • Total Bedrooms : 4

    Bathroom Information

    • Total Baths: 3
    • Full Baths: 3
    • Half Baths: 0

    Interior Features

    • Eat-in Kitchen,Granite Counters,Kitchen Island,Open Floorplan

    Appliances

    • Dishwasher,Disposal,Electric Range,Electric Water Heater

    Utilities

    • City Sewer,City Water,Electricity Connected,Private Road

    Fireplace

    • Number of Fireplaces: 0

  • Building Information

    • Built Year: 1963

    Accessibility Features

    • Accessible Entrance

  • Lot Information

    • Lot Size (Acr): 1.0200
    • Lot Size Units: Acres
    • Lot Size Square Feet: 44431.2000

    Property Information

    • SQ ft (Living Area): 2,860
    • Property Type: Residential
    • Property Sub Type: Single Family Residence
    • Subdivision: Rainbow Lake
    • City: Woodway
    • State: Texas
    • Directions: Hwy 84 toward McGregor to Estate Drive & Hewitt Drive exit. Rainbow Drive is to the right as you exit the ramp. House down on the left
    • Property Status: Active

  • Listing Price Information

    • Original List Price: $555,000
    • List Price Tot SqFt: $194

    Listing Information

    • Possession: Closing/Funding

  • Tax Information

    • Parcel Number: 362550000055000
    • Tax Block: A
    • Tax Legal Description: RAINBOW LAKE LOT 66 BLOCK A ACRES 1.02
    • Tax Lot: 66
    • Unexempt Taxes: $7,690

  • Parking Information

    • Has Garage
    • Garage Space: 2
    • Parking Features: Additional Parking,Asphalt,Driveway,Garage Door Opener,On Site

    Homeowners Association Information

    • Included Fees: Full Use of Facilities
    • HOA Type: Mandatory
    • HOA: 350
    • HOA Frequency: Annually

  • School Information

    • Elementary School: Woodway
    • Middle School: River Valley
    • High School: Midway
    • School District: Midway ISD

    Utility Information

    • Utilities: City Sewer,City Water,Electricity Connected,Private Road
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

BuyOwner last updated this listing 06/09/2025 @ 10:46

  • MLS: 455227487
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Home, with 4 bedrooms which is for sale, it has 2,860 sqft, 1 sized lot, and 2 parking. are nearby neighborhoods.