
3D TOUR AVAILABLE. This countryside home showcases 2 acres in an organized, cozy subdivision with unique rural charm and character. Retreat from busy life with this turnkey home and additions on the acreage with soaring pines. Vibes of a writer’s retreat and short term rental opportunities. A Breathtaking and expansive living room is 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 beamed ceiling accents, establishing an inviting ambiance for relaxation and enjoyment. The space is grounded by a designer wood burning fireplace. Ascend into the oversized kitchen that is a chef’s dream with ample storage, stainless appliances, large pantry, stone countertops, undermount lighting and GAS cooktop. The kitchen bar invites casual dining as does the eat-in kitchen. Personal sanctuaries within the home include a well-appointed primary bedroom with tray ceiling and a private access to the side deck. The en-suite features a walk-in shower, soaker tub, dual vanities and large walk-in closet. 2 secondary bedrooms and shared bathroom are on the opposite side of the home for defined privacy. Bonus feature is a large loft upstairs. This Flex space is versatile for work, play or relaxation. The utility room is expansive and includes a sink, exterior access, storage and room to add a freezer or a wet room. The highlights of the exterior are abundant! A fully fenced back and front yard (all 2 acres), 2 car garage, chicken coop, fruit trees and soaring pines, extra parking pad, electric gate at front, Pedestrian gate. The backyard is separated into a smaller space for a dedicated backyard and a larger space as back pasture. Special spotlights on the remarkable covered deck that extends the width of the back of the home with an added exterior shower. What a perfect space to garden, grill, entertain or just relax under the stars.
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
Verified property facts
179 Rainbow DR is listed at $638,900 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
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Circle D East
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Price Change with current price, original ask, and market time.

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)
$638,900
Luxury property intelligence
A sourced read on Circle D East pricing, timing, and property scale. No automated valuation claim.
List price
$638,900
Price per sqft
$232/sqft
Vs. Circle D East median
Not available
Days on market
87 days
Original to current
$10.1K reduction
$649K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 13, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($127,780) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 179 Rainbow DR is around $3,863 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $638,900, 179 Rainbow DR is in the Circle D East market where there are currently 331 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 includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
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.
3 events on record
Current Price
$638,900
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.
Active listings near 179 Rainbow DR
Recent sales for market context