
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
Listed by Sullivan Hill Country Properti
Property Details
Lot Features
Waterfront
Verified property facts
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.
641 Rainbow RDG 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 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.
With 20% down ($47,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 641 Rainbow RDG is around $1,458 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
Listing timeline with current price, original ask, and market time.
Comal 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% ($48K)
$239,000
Luxury property intelligence
A sourced read on River Point Estates 2 pricing, timing, and property scale. No automated valuation claim.
List price
$239,000
Price per sqft
Not available
Vs. River Point Estates 2 median
Not available
Days on market
10 days
Original to current
No verified reduction
$239K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 21, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $239,000, 641 Rainbow RDG is in the River Point Estates 2 market where there are currently 88 active listings in 78133. The Keenan Group has completed 3 transactions in 78133 as part of 1,000+ career sales totaling $1B+ across Austin.
641 Rainbow RDG includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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