#8558718, Dustin Inderman, Listing Office: Realty One Group Prosper
640 Rainbow Canyon Lake, TX 78133
Property details
About 640 Rainbow
This stunning five-bedroom, four-bathroom home has been completely remodeled from top to bottom and is perfectly situated within walking distance of the Guadalupe River and Whitewater Amphitheater. Whether you're looking for a personal getaway or a short-term rental, this home offers both charm and modern convenience in an unbeatable setting. Sitting on over an acre of land beneath beautiful oak trees, this property is not in a floodplain-a rare and valuable find. The location makes it easy to walk to nearby tube rentals and enjoy a leisurely two-hour float on the river. The vibrant neighborhood is at the heart of all the action, providing the perfect mix of relaxation and entertainment. The renovation, completed in late 2023, took the home down to the studs, ensuring every detail was carefully updated. Everything is brand new, including the plumbing, electrical, septic system, HVAC, flooring, drywall, windows, and doors. The beautifully designed interior features solid wood, soft-close cabinets with quartz countertops, designer fixtures, and a blend of modern finishes with vintage charm. Vaulted ceilings, recessed lighting, and an open floor plan create a bright, inviting space ideal for entertaining or unwinding. For those looking for a seamless move-in or rental experience, some furnishings are negotiable as well. Don't miss this rare opportunity to own a one-of-a-kind home in a prime location. Schedule a showing today!
Highlights
(New)
Summary
- MLS Number: 1848071
- Office Name: Option One Real Estate
- Office Phone: (210) 392-2851
- Office Email: armorgan@morgansolutionsrealty.com
- Listing Agent: Adam Morgan
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Last updated on: 3/14/2025, 9:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$750,000
640 Rainbow
$8,906
closing credit¹
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Price information
Property sales
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Tax history
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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
6.8 mi
•42111 FM 3159
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,265. Most Canyon Lake, TX residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 640 Rainbow
This home is located at 640 Rainbow in Canyon Lake, TX and zip code 78133 in the Riverpoint Estates neighborhood. This 2,774 square foot home, which was built in 1975, sits on a 1.01 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $750,000.
In February 2025, from all listings sold in Canyon Lake, TX there were more than 13 sold above asking price, over 45 sold below and more than 18 were sold right at the asked price. In February 2025 in Canyon Lake, TX there were 11.4% more homes for sale than in January. Listings spent 102 days on the market in February 2025, and had a median list price of $450,000 during the same period.