• 640 Rainbow Ridge Canyon Lake, TX 78133

  • $699,000
  • 5
    Bed(s)
  • 4
    Baths
  • 2,774
    Sq Ft
  • 1.0116
    Acres

LOCATION! LOCATION! LOCATION! COMPLETELY REMODELED AND OPERATING SHORT-TERM RENTAL ON THE HORSESHOE WITHIN WALKING DISTANCE TO THE GUADALUPE RIVER AND WHITEWATER AMPITHEATER. Investors, here is your chance to purchase a complete turnkey home on the Horseshoe. The remodel was completed in late 2023 and has been operating as an STR ever since. The home sits on over an acre and is nestled under the oaks. No flood plain issues with this one and just walk to the tube rental and then into the water for your relaxing two-hour float. The five-bedroom and four-bathroom home was taken down to the studs and redone from the inside out. New plumbing, electrical, septic tank and field, AC, flooring, drywall, windows, doors, designer plumbing and electrical fixtures, solid wood cabinets with soft close and quartz countertops throughout. The attention to detail is obvious when you walk through and some of the vintage original details are visible. Great neighborhood that is at the heart of all the action. The home can be purchased with all the furniture for your complete turnkey vacation rental or second home. Don't miss your opportunity to own this home today.

Property Type :

Residential

Subdivision :

River Point Estates

County :

Comal

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 5

Bathroom Information

Total Baths: 4

Full Baths: 4

Half Baths: 0

Water/Sewer

Water Source : Public

Sewer : Septic Tank

Room Information

2774

Total Rooms: 5

Accessibility Features

None

Interior Features

Roof : Composition

Exterior Property Features : See Remarks

Interior Features: Ceiling Fan(s),Separate/Formal Dining Room,Double Vanity,French Door(s)/Atrium Door(s),High Speed Internet,Multiple Living Areas,Multiple Dining Areas,Main Level Primary,Multiple Primary Suites,Open Floorplan,Quartz Counters,Recessed Lighting,Vaulted Ceiling(s),Walk-In Closet(s)

Property Appliances: Dishwasher,Exhaust Fan,Electric Range,Microwave,Plumbed For Ice Maker

No. of Fireplace: 1

Fireplace: Living Room,Wood Burning

Cooling Features: Central Air

Heating Features: Electric,Forced Air

Building Information

Year Built: 1975

Construction: Masonry,Stone,Stucco

Roof: Composition

Flooring: Tile,Vinyl

Fencing: Back Yard,Partial,Privacy,Wood

Patio And Porch Features: Patio

View: Neighborhood,Rural

Exterior Features

See Remarks

Window Features: Blinds

Laundry Features: Laundry Closet,Washer Hookup,Electric Dryer Hookup

Lot Information

Lot Description: Front Yard,Interior Lot,Level,Trees Medium Size,Trees Small Size

Lot Size Acres: 1.0116

Property Information

SQ ft: 2,774

Subdivision: River Point Estates

Directions: FM 306 to Rainbow Ridge. House is the third on the Left.

Source Property Type: Residential

Property SubType: Single Family Residence

Area: CM

Source Neighborhood: River Point Estates

Total Square Feet Living: 2774

Foundation Details: Slab

Pool Features: None

Property Age: 49

Utilities: Cable Available,Cable Connected,Electricity Connected,Natural Gas Not Available,High Speed Internet Available,Phone Available,Water Connected

Listing Price Information

Original List Price: $699,000

Tax Information

Parcel Number: 50461

Homeowners Association Information

Association: No

Community Features: None

School Information

Elementary School: Mountain Valley

Middle/Junior High School: Mountain Valley Middle

Senior High School: Canyon Lake

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
729 Canyon Bend, Canyon Lake, TX,78133 $67,000 -- -- -- 0.283 Acre
401 Scarlet Court, Canyon Lake, TX,78133 $218,900 -- -- -- 0.694 Acre
415 Scarlet Court, Canyon Lake, TX,78133 $238,900 -- -- -- 0.71 Acre
729 Canyon Bend, Canyon Lake, TX,78133 $67,000 -- -- -- 0.283 Acre
1103 Timberlane , Canyon Lake, TX,78133 $70,000 -- -- -- 10620 Sqft
424 Valley Ridge, Canyon Lake, TX,78133 $409,999 3 2 1,684 0.112 Acre
570 Valley Ridge, Canyon Lake, TX,78133 $409,999 3 2 1,684 0.118 Acre
644 Valley Ridge, Canyon Lake, TX,78133 $409,999 3 2 1,684 0.098 Acre
651 Rockmoor Dr, Canyon Lake, TX,78133 $58,800 -- -- -- 0.1515 Acre
750 La Paloma Dr, Canyon Lake, TX,78133 $585,000 4 2 2,187 0.624 Acre

The information being provided by ACTRIS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the ACTRIS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by ACTRIS.

ByOwner last updated this listing 04/29/2024 @ 13:49

MLS: 5962958
LISTED BY: Matthew Hoyt, Res and Ranch LLC
SOURCE: ACTRIS
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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