#20967535, Ashton Gustafson, Listing office: AG Real Estate & Associates
Property details
About TBD Rainbow Dr
Secretive, hidden, and seemingly isolated yet just 60 seconds from CVS, Walgreens, HEB, and even Woodway Elementary School, Rainbow Lake is coveted for offering a peaceful retreat that's arguably one of the most convenient settings in all of Woodway! -- This lot, one of the last remaining waterfront sanctuaries, is now coming to the market as the ultimate, final opportunity to build a lakefront home which allows water entry from your backyard. What's more, this heavily treed, untouched retreat is unspoiled and raw, just as mother nature intended. -- Primed and ready for construction of your dream home (with or without the help of the owner), there simply is not a better, more attractive spot to construct your next home in all of McLennan County. Private road access limits traffic exclusively to neighbors while City of Woodway amenities ensure peace of mind relative to utilities and services. -- Whether you wish to swim, kayak, fish, paddleboard, or simply enjoy the peaceful, serene setting in what feels like you're miles out of town without sacrificing the inconvenience and the inefficiency of remote living; there's not place like this to call home. Call or text to tour this distinctive opportunity. -- Mark Twain once advised 'buy land, they're not making it anymore'. While that's true, once this property is sold, unspoiled lakeside land in the Heart of Woodway will become extinct. This is literally a once in a lifetime opportunity. Call Matthew to realize your dream today!
Highlights
Virtual tour
Summary
- Waterfront: Waterfront
- List Price: $250,000
- HOA Amount: $50 Monthly
- Lot: Many Trees, Waterfront, City Lot
- Directions: Private Drive. Call before viewing.
- Lot Size: 0.21 Acres
- MLS Number: 20976754
- MLS Name: NTR
- Office Name: The McLeod Company
- Office Phone: (254) 644-4095
- Listing Agent: Matthew McLeod
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Last updated on: 7/19/2025, 7:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Nearby schools
7
Woodway Elementary School
Public District PK-5
0.3 mi
•325 Estates Dr
10
South Bosque Elementary School
Public District PK-5
2.0 mi
•1 Wickson Rd
8
Hewitt Elementary School
Public District PK-5
2.0 mi
•900 W Panther Way
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 $71,350. The most common annual income of people living in Woodway, TX is between $35k-100k. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About TBD Rainbow Dr
The listing price of TBD Rainbow Dr property is $250,000.
The property TBD Rainbow Dr is land located in Woodway, Texas, 76712.
Active Listing: TBD Rainbow Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for TBD Rainbow Dr are: Woodway Elementary School (GreatSchools Rating 7/10), South Bosque Elementary School (GreatSchools Rating 10/10), Hewitt Elementary School (GreatSchools Rating 8/10), Midway Middle School (GreatSchools Rating 6/10), River Valley Middle School (GreatSchools Rating 8/10), Tennyson Middle School (GreatSchools Rating 3/10), Midway High School (GreatSchools Rating 7/10), Waco High School (GreatSchools Rating 2/10), Harmony School of Innovation - Waco (GreatSchools Rating 4/10).
The property TBD Rainbow Dr is 0.21 acres.
This home is located at TBD Rainbow Dr in Woodway, TX and zip code 76712. Features: 0 bathroom. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $250,000.