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Keenan Group#1 Austin Board of Realtors Team 2024
641 Rainbow RDG, photo 1 of 26, Canyon Lake, Canyon Lake, TX
Active

$219,000

1.06 acresLot

641 Rainbow Rdg, Canyon Lake, TX 78133

Reduced 8%$239,000
Canyon Lake·MLS# 9698808·133 days on market

— bed, — bath on 1.06 acres in Canyon Lake. Canyon Lake, TX 78133. $219,000. Comal ISD.

About This Home

Build your Hill Country dream home on this beautiful 1+ acre property ideally located near the famous Horseshoe on the Guadalupe River in Canyon Lake. Offering level terrain, this homesite is ready for construction with a water tap already installed and an electrical pole and transformer located on the property. Enjoy the best of Canyon Lake living with easy access to the Guadalupe River in the subdivision, tubing, fishing, kayaking, and endless outdoor recreation. Just minutes from Whitewater Amphitheater, you'll love having live music, popular restaurants, and local entertainment nearby. Canyon Lake is also just a short drive away, providing opportunities for boating, swimming, and lakeside relaxation. Whether you're looking to build a full-time residence, vacation getaway, or investment property, this prime location offers the perfect combination of convenience, recreation, and Texas Hill Country charm.

Property Type
Land
Lot Size
1.06 acres

Listing information last updated September 30, 2026.

Listed by Sullivan Hill Country Properti

MLS# 9698808 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

Generous 1.06-acre lot
Few Trees

Facts & Features

Exterior & Lot

Lot Features

  • Few Trees
  • Level
Lot Size
1.06 Acres
Financial
Original List Price
$239,000
Utilities
  • Above Ground
  • Electricity Available
  • Natural Gas Not Available
  • Water Available
Water Source
Public
Sewer
Septic Needed

Transaction History

1 record on file

Every recorded listing, sale, and lease at 641 Rainbow RDG, whoever represented it.

  1. ActiveListed 2026
    Current price: $219,000Original list: $239,000MLS 9698808
    1. Listed · June 12, 2026$239,000
    2. Price changed · July 22, 2026$229,000
    3. Price changed · September 9, 2026$219,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$219,000
Original list
$239,000
Price movement
$20K reduction
Listed / DOM
Jun 12, 2026 · 133 days
Map showing 641 Rainbow RDG
641 Rainbow RDG
Directions

Zoned Schools

Comal ISD

1 High School1 Middle School1 Elementary School

Canyon Lake

High SchoolGrades 9-12Zoned assignment

Mountain Valley Middle

Middle SchoolGrades 6-8Zoned assignment

Mountain Valley

ElementaryGrades K-5Zoned assignment

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.

Principal & interest
$1,204

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($44K)

Adjustable assumption - not a lending recommendation.

$219,000

Loan: $175K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-22
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Keenan Market Position

A sourced read on Canyon Lake pricing, timing, and property scale. No automated valuation claim.

List price

$219,000

Price per sqft

Not available

Vs. Neighborhood guide reference price

Not available

Days on market

133 days

Original to current

$20K reduction

$239K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.

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More sales nearby

Homes sold by Keenan Group.

Verified property facts

Frequently Asked Questions

What school district is 641 Rainbow Rdg in?

641 Rainbow Rdg is zoned for Comal ISD with assigned schools: Mountain Valley (elementary), Mountain Valley Middle (middle), Canyon Lake (high). School assignments should be verified directly with the district.

What are the property taxes for 641 Rainbow Rdg?

The most recent annual property tax for 641 Rainbow Rdg is $2,610. 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.

How should a buyer estimate the monthly payment for 641 Rainbow Rdg?

This page does not assume a mortgage rate or publish a monthly payment for 641 Rainbow Rdg. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 641 Rainbow Rdg compare with other homes in Canyon Lake?

As of Oct 17, 2026, 641 Rainbow Rdg is offered at $219,000. The current MLS snapshot shows 92 active listings in 78133. Keenan Group has completed 3 verified transactions in 78133 within its 1,000+ completed transactions and $1B+ career volume across Austin.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Canyon Lake

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/17/2026, 8:07:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution is prohibited.

Last updated: 10/17/2026, 8:07:02 AM

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