355 Rainbow Drive
Woodway, Texas 76712
0.71Acre(Lot)
This hidden gem is located in the heart of Woodway in the private Rainbow Lake Subdivision. Build your dream home nestled in the trees with access to 2 private lakes, fishing, walking trails and many more amenities. This area is remote however, conveniently located near schools, hospitals, grocery stores, restaurants and much more. You have easy access to Hwy 6 and of course Hwy 84. Don't miss this opportunity!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Utilities
Asphalt,Cable Available,City Water,Electricity Available,Private Road,See Remarks -
Cooling Features
NoneHeating Source
None
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Fencing
None
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Lot Information
Lot Size (Acr): 0.7100 Lot Size Units: Acres Lot Size Square Feet: 30,928 Lot Size Source: Other Lot Features: Brush,Corner Lot,Irregular Lot,Many Trees,Other,Subdivision -
Property Information
Property Type: Land Property Sub Type: Unimproved Land Subdivision: Rainbow Lake City: Woodway State: Texas Directions: Take Hwy 84 West and exit Old McGregor Road stay on the access road and turn right on Rainbow Dr. Do not go down the private road. The property is on the left. See aerial photos in pictures of the listing. Property Status: Active
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Listing Price Information
Original List Price: $160,000 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: 411694 Tax Block: A Tax Legal Description: Rainbow Lake Lot 70 Block A .71 Acres Tax Lot: 70
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Homeowners Association Information
Included Fees: Full Use of Facilities HOA Type: Mandatory HOA: $350.00 HOA Frequency: Annually
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School Information
Elementary School: Woodway Middle School: Midway High School: Midway School District: Midway ISD -
Utility Information
Utilities: Asphalt,Cable Available,City Water,Electricity Available,Private Road,See Remarks
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 19 Pinehurst Drive, Woodway, TX, 76712 | $249,900 | -- | -- | -- | 0.50 Acre(Lot) |
| 7802 Woodway Drive, Woodway, TX, 76712 | $1,963,074 | -- | -- | -- | 3.22 Acres(Lot) |
| TBD Rainbow Drive, Woodway, TX, 76712 | $250,000 | -- | -- | -- | 0.21 Acre(Lot) |
| 1141 Redondo Drive, Woodway, TX, 76712 | $50,000 | -- | -- | -- | 0.68 Acre(Lot) |
| Mosswood Drive, Woodway, TX, 76712 | $25,000 | -- | -- | -- | 0.80 Acre(Lot) |
| 1521 Tranquility Trail, Woodway, TX, 76712 | $65,000 | -- | -- | -- | 0.12 Acre(Lot) |
| 16036 Hadley Grace Way, Woodway, TX, 76712 | $159,900 | -- | -- | -- | 0.36 Acre(Lot) |
| 12007 Kings Canyon, Woodway, TX, 76712 | $164,900 | -- | -- | -- | 0.39 Acre(Lot) |
| 12003 Kings Canyon, Woodway, TX, 76712 | $164,900 | -- | -- | -- | 0.39 Acre(Lot) |
| TBD Valley Brook Circle, Woodway, TX, 76712 | $60,000 | -- | -- | -- | 0.30 Acre(Lot) |
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ByOwner last updated this listing 07/18/2026 @ 05:53
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