$275,000

551 Rainbow Rdg Canyon Lake, TX 78133

1.1 acres
Land

Property details

About 551 Rainbow Rdg

Have you tubed the Horseshoe and dreamed of living there? Whether you are looking for a weekend get -away or a new home, you can make the dream come true. Ideally located a short drive from New Braunfels, San Marcos, San Antonio, Austin and the Texas Hills Country, there is a lot to make this a great place to live permanently or periodically. An interior lot (not riverfront) so away from the hub-bub of the river, but just a short walk down the new path (in progress and to be Accessible too) and you can toob with just a short walk back home. No time frame to build. No HOA in this small, limited access neighborhood. See documents., if you are looking to build right away, the Builder/owner has a plan created for this property which includes a "lock off" off quarters Mature trees mark this beautiful level home site. The Build Site would probably only take out a few Cedar trees. Don't wait for Summer to see this exquisite home site.

Highlights

Home typeResidential Land
StatusAccepting Backup Offers
(Active Option)
Lot size1.056 Acres
MLS #1842862
WaterfrontRiver

Virtual tour

Summary

  • Waterfront: River
  • List Price: $275,000
  • Annual Tax Amount: $2,216
  • Tax Year: 2023
  • Lot: Subdivision, Level
  • Directions: FM 306 to Rainbow Ridge
  • Lot Size: 1.056 Acres
  • MLS Number: 1842862
  • Office Name: Chrisman Realty Group
  • Office Phone: (210) 326-5824
  • Office Email: chrismanrealty@gmail.com
  • Listing Agent: Marty Chrisman

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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: 6/8/2025, 2:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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551 Rainbow Rdg, Canyon Lake, TX 78133

$275,000

551 Rainbow Rdg

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$148,650$2,216
2022$148,650$2,502
2021$47,450$849
2020$47,450$849
2019$47,450$881
2018$47,450$905

History based on county public records data.

Nearby schools

7

Mountain Valley Elementary School

Public District PK-5

0.5 mi

310 Cannan Rd

9

Hoffmann Lane Elementary School

Public District PK-5

6.0 mi

4600 FM 306

4

Startzville Elementary School

Public District PK-5

6.7 mi

42111 FM 3159

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

31%
<35k
45%
35k-100k
18%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
9%
Single, with Kids
39%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
14%
18-34 yrs old
49%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 551 Rainbow Rdg

The listing price of 551 Rainbow Rdg property is $275,000.

The property 551 Rainbow Rdg is land located in Canyon Lake, Texas, 78133.

Accepting Backup Offers: 551 Rainbow Rdg is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 551 Rainbow Rdg are: Mountain Valley Elementary School (GreatSchools Rating 7/10), Hoffmann Lane Elementary School (GreatSchools Rating 9/10), Startzville Elementary School (GreatSchools Rating 4/10), Mountain Valley Middle School (GreatSchools Rating 7/10), Oakrun Middle School (GreatSchools Rating 5/10), Danforth Jr High School (GreatSchools Rating 8/10), Trinity Charter School (GreatSchools Rating 2/10), Canyon Lake High School (GreatSchools Rating 5/10), New Braunfels High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2023 is $2,216 (source: MLS/based on county public records data).

The property 551 Rainbow Rdg is 1.056 acres.

This home is located at 551 Rainbow Rdg in Canyon Lake, TX and zip code 78133 in the Riverpoint Estates neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $275,000.

In May 2025 more than 12 listings in Canyon Lake, TX were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 79 were sold below. Between April and May 2025, Canyon Lake, TX real estate market has seen increase in the number of listings by 13.8%. While the average time on the market in May 2025 was 97 days, the median list price was $454,001.

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

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