#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
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the San Antonio Board of Realtors. Real estate listings held by brokerage firms are indicated by detailed information about them such as the name of the listing firms. © 2025 San Antonio Board of Realtors®. All Rights Reserved.
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.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 3/14/2025, 11:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$750,000
640 Rainbow
$8,906
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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. Residents of Canyon Lake, TX typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
Similar homes for sale
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.
While more than 13 listings in Canyon Lake, TX in February 2025 were sold above asking price, there were more than 18 listings sold at asking price, and more than 45 were sold below. The number of homes for sale in Canyon Lake, TX increased by 11.4% between January and February 2025. In February 2025 median list price was $450,000 and the average listing age was 102 days.