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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
179 Rainbow Dr is listed at $639,900 with 3 bedrooms, 2 full bathrooms, 2,753 square feet, 2.00-acre lot. This places it above the 78602 median of $395,000.
179 Rainbow Dr is zoned for Bastrop ISD with assigned schools: Lost Pines (2/10) (elementary), Riverside (middle), Bastrop (8/10) (high). School assignments should be verified directly with the district.
179 Rainbow Dr is a Residential built in 2000 featuring 3 bedrooms, 2 full bathrooms, 2,753 square feet, 2.00-acre lot.
179 Rainbow Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 179 Rainbow Dr is $6,575. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.
179 Rainbow DR in Bastrop, TX presents an attractive property in great condition, offering a distinctive opportunity for refined living. The heart of this residence is truly found within its thoughtfully appointed kitchen, where culinary endeavors are elevated by the presence of a stainless appliances and a convenient stovetop, all complemented by elegant stone countertops. Shaker cabinets provide ample storage, while a versatile kitchen bar and kitchen peninsula invite casual dining or congenial conversation, enhanced by a tasteful backsplash. Ascend into the expansive living room, a space designed for comfort and grandeur, featuring an impressive high ceiling that creates an airy atmosphere. The architectural distinction of a vaulted ceiling is further enhanced by charming beamed ceiling accents, establishing an inviting ambiance for relaxation and enjoyment. Personal sanctuaries within the home include a well-appointed bathroom featuring a luxurious tiled walk-in shower, providing a refreshing retreat at the end of each day. A serene bedroom offers a unique architectural detail with its elegant tray ceiling, adding a touch of sophistication to a private space. Beyond the interior, the property extends its appeal with a delightful deck and an oversized patio, offering wonderful settings for outdoor leisure and entertaining. A welcoming porch greets arrivals, while the fenced backyard provides a private expanse for outdoor pursuits. Practicality is woven throughout, with a dedicated laundry room simplifying daily routines and a 2-space garage providing secure accommodation for vehicles. Additionally, there is a electric gate at front, pedestrian gate, chicken coop and extra parking pad. 2 fenced back areas. Small portion easy for a dedicated backyard. Back pasture is also fenced to mark the full 2 acres. Fruit trees and native plants to enjoy. This single-family residence is a meticulously maintained haven, poised to inspire a truly desirable lifestyle.
Property Type
Residential
Year Built
2000
Lot Size
2.00 acres
$/Sq Ft
$232
HOA
$125/mo
Garage
5 spaces
Listed by Twelve Rivers Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Bastrop ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($128K)
$639,900
Luxury property intelligence
A sourced read on Circle D East pricing, timing, and property scale. No automated valuation claim.
List price
$639,900
Price per sqft
$232/sqft
Vs. Circle D East median
Not available
Days on market
54 days
Original to current
$9.1K reduction
$649K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 11, 2026.
Request Private Market AnalysisWith 20% down ($127,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 179 Rainbow Dr is around $3,868 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $639,900, 179 Rainbow Dr is in the Circle D East market where there are currently 319 active listings in 78602. The Keenan Group has completed 2 transactions in 78602 as part of 1,000+ career sales totaling $1B+ across Austin.
179 Rainbow Dr is part of a managed community with HOA dues of $125 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$639,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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