TBD Rainbow Dr Woodway, TX 76712
Highlights
- Waterfront
- Woodway Elementary School Rated A
- Many Trees
About This Lot
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!
Property Details
Property Type
- Land
Lot Details
- 9,148 Sq Ft Lot
- Waterfront
- Many Trees
HOA Fees
- $50 Monthly HOA Fees
Location
- City Lot
Schools
- Woodway Elementary School
- Midway Middle School
- Midway High School
Community Details
- Association fees include ground maintenance
- Rainbow Lake Owners Association
- Rainbow Lake Subdivision
Listing and Financial Details
- Assessor Parcel Number 145321
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | Price Changed | $200,000 | -20.0% | -- |
| 07/18/2025 07/18/25 | For Sale | $250,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20976754
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Ask me questions while you tour the home.