
Set on 8.2 breathtaking acres between Wimberley and Dripping Springs, this one-of-a-kind Hill Country retreat blends timeless craftsmanship, natural beauty, and endless possibility. Mature oaks, abundant wildlife, and multiple potential building sites create a private setting with room to expand, build a guest house, accommodate horses, or create a family compound. At the heart of the property, the custom-built home showcases original hardwood floors reclaimed from the 1880 Texas State Capitol House of Representatives chambers, complemented by mahogany casement windows, a handcrafted mahogany front door, exposed wood beams, and striking copper kitchen countertops. Designed to embrace the surrounding landscape, the bright, airy floor plan captures views from nearly every room and offers two spacious living areas for gathering, entertaining, or quiet evenings at home. A detached finished wellhouse provides flexible space for hobbies, guest room, or workshop and a carport. An additional storage shed offers room for tools and gardening equipment. Spend your evenings watching spectacular Texas sunsets from the back porch, gather around the firepit beneath star-filled skies, and wake to peaceful mornings immersed in the sights and sounds of the Hill Country. Just minutes from the shops, restaurants, and charm of Wimberley Square, with convenient access to Driftwood, Dripping Springs, Austin, Buda, and New Braunfels, this exceptional property offers the rare opportunity to enjoy privacy, history, and the very best of Hill Country living within highly acclaimed Wimberley ISD.
Property Type
Residential
Year Built
2000
Lot Size
8.20 acres
$/Sq Ft
$452
HOA
$400/mo
Garage
1 spaces
Listed by Christies Intl Real Estate Lone Star
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
700 S Rainbow Ranch RD is listed at $695,000 with 2 bedrooms, 1 full bathrooms, 1,536 square feet, 8.20-acre lot.
700 S Rainbow Ranch RD is zoned for Wimberley ISD with assigned schools: Jacobs Well (elementary), Danforth (middle), Wimberley (high). School assignments should be verified directly with the district.
700 S Rainbow Ranch RD is a Residential built in 2000 featuring 2 bedrooms, 1 full bathrooms, 1,536 square feet, 8.20-acre lot.
700 S 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.
The most recent annual property tax for 700 S Rainbow Ranch RD is $13,136. 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
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $846,000 | $602,330 | $243,670 |

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% ($139K)
$695,000
Luxury property intelligence
A sourced read on Rainbow Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$695,000
Price per sqft
$452/sqft
Vs. Rainbow Ranch median
Not available
Days on market
8 days
Original to current
No verified reduction
$695K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($139,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 700 S Rainbow Ranch RD is around $4,701 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $695,000, 700 S Rainbow Ranch RD is in the Rainbow Ranch market where there are currently 180 active listings in 78676. The Keenan Group has completed 2 transactions in 78676 as part of 1,000+ career sales totaling $1B+ across Austin.
700 S Rainbow Ranch RD includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
700 S Rainbow Ranch RD is part of a managed community with HOA dues of $400 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
$695,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $846,000 | $602,330 | $243,670 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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