
Tucked away on 2.5 acres is this well maintained adorable home. This newer built home has three bedrooms and two full baths, front and back covered porches, stainless steel appliances and beautiful granite countertops. It's perfect for Hill Country get away, forever home or someone who is looking to downsize, but doesn't want to be in subdivision with smaller lots. Here you can spread your wings and develop more of the land with say a shop, garage, garden or barn. Perfectly located between Wimberley and Dripping Springs and only three driveways into Rainbow Ranch. It is currently on a shared well with the owner/neighbor, but they are willing to drill the new owner a well or put in a rainwater catchment. The property does have some partial fencing.
Property Type
Residential
Year Built
2023
Lot Size
2.50 acres
$/Sq Ft
$357
HOA
$420/mo
Garage
4 spaces
Listed by Hills Of Texas Sky Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
231 N Rainbow Ranch RD is listed at $525,000 with 3 bedrooms, 2 full bathrooms, 1,472 square feet, 2.50-acre lot.
231 N Rainbow Ranch RD is zoned for Wimberley ISD with assigned schools: Blue Hole (elementary), Danforth (middle), Wimberley (high). School assignments should be verified directly with the district.
231 N Rainbow Ranch RD is a Residential built in 2023 featuring 3 bedrooms, 2 full bathrooms, 1,472 square feet, 2.50-acre lot.
231 N Rainbow Ranch RD 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.
With 20% down ($105,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 231 N Rainbow Ranch RD is around $3,687 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#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 Rainbow Ranch
Listed with current price, original ask, and market time.

Wimberley 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.
20% ($105K)
$525,000
Luxury property intelligence
A sourced read on Rainbow Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$525,000
Price per sqft
$357/sqft
Vs. Rainbow Ranch median
Not available
Days on market
16 days
Original to current
No verified reduction
$525K 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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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $525,000, 231 N Rainbow Ranch RD is in the Rainbow Ranch market where there are currently 162 active listings in 78676. The Keenan Group has completed 2 transactions in 78676 as part of 1,000+ career sales totaling $1B+ across Austin.
231 N Rainbow Ranch RD was built in 2023, making it 3 years old with relatively recent construction.
231 N Rainbow Ranch RD includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
231 N Rainbow Ranch RD is part of a managed community with HOA dues of $420 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.
1 event on record
Current Price
$525,000
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.
Recent sales for market context