Active

TBD Rainbow Drive

Woodway, Texas 76712
Mark as Favorite
Acres0.21

Acre(Lot)

Secretive, hidden, and seemingly isolated yet just 60 seconds from CVS, Walgreens, HEB, and even Woodway Elementary School, Rainbow Lake is coveted for offering a peaceful retreat that's arguably one of the most convenient settings in all of Woodway! -- This lot, one of the last remaining waterfront sanctuaries, is now coming to the market as the ultimate, final opportunity to build a lakefront home which allows water entry from your backyard. What's more, this heavily treed, untouched retreat is unspoiled and raw, just as mother nature intended. -- Primed and ready for construction of your dream home (with or without the help of the owner), there simply is not a better, more attractive spot to construct your next home in all of McLennan County. Private road access limits traffic exclusively to neighbors while City of Woodway amenities ensure peace of mind relative to utilities and services. -- Whether you wish to swim, kayak, fish, paddleboard, or simply enjoy the peaceful, serene setting in what feels like you're miles out of town without sacrificing the inconvenience and the inefficiency of remote living; there's not place like this to call home. Call or text to tour this distinctive opportunity. -- Mark Twain once advised 'buy land, they're not making it anymore'. While that's true, once this property is sold, unspoiled lakeside land in the Heart of Woodway will become extinct. This is literally a once in a lifetime opportunity. Call Matthew to realize your dream today!

Read More Expand

Detail Ic Property Details

Property Type : Land

Price : $250,000

AD Id : 88136689

MLS Id : 567403178

Lot Size : 0.21 Acre(Lot)

County : McLennan

Subdivision: Country East Estates Ph 7

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Utilities

    City Sewer,City Water,Electricity Available

  • Lot Information

    Lot Size (Acr): 0.2100 Lot Size Units: Acres Lot Size Square Feet: 9,148 Lot Features: Many Trees,Waterfront
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: Rainbow Lake City: Woodway State: Texas Directions: Private Drive. Call before viewing. Property Status: Active

  • Listing Price Information

    Original List Price: $250,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 145321

  • Homeowners Association Information

    Included Fees: Maintenance Grounds HOA Type: Mandatory HOA: $50.00 HOA Frequency: Monthly

  • School Information

    Elementary School: Woodway Middle School: Midway High School: Midway School District: Midway ISD
  • Utility Information

    Utilities: City Sewer,City Water,Electricity Available
Sell a home like this and save $14,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

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)
355 Rainbow Drive, Woodway, TX, 76712 $160,000 -- -- -- 0.71 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)
MLS Logo

Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/18/2026 @ 04:30

MLS: 567403178 LISTED BY: Matthew McLeod, The McLeod Company 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information

Homes around $250,000

Selling? Save $14,501 when you sell a home like this

Tour with a ByOwner Agent