Save
Ask
Tour
Hide
Share
$575,000
1 Day On Site

218 Rainbow Drive
Woodway, TX 76712

For Sale|Single Family Residence|Active
4
Beds
3
Full Baths
0
Partial Baths
2,860
SqFt
$201
/SqFt
1963
Built
Subdivision:
Rainbow Lake
County:
McLennan

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

218 Rainbow Drive218 Rainbow Drive218 Rainbow Drive218 Rainbow Drive
Save
Ask
Tour
Hide
Share

A Rare Find in the Heart of Woodway! Nestled in a private, wooded setting surrounded by mature trees, scenic walking trails, and not one—but two tranquil private lakes, this exceptional home offers the perfect blend of nature, comfort, and convenience. Set on a beautifully treed one-acre lot, enjoy breathtaking sunrises and sunsets from multiple balconies that wrap around this inviting home. Inside, you'll find a spacious, updated kitchen that opens to the dining and living areas—ideal for hosting family gatherings or entertaining friends. The main floor boasts three generous bedrooms and two full bathrooms, offering comfort and privacy for all. Upstairs, a private bonus room with a full bath provides the flexibility for a home office, guest suite, or creative studio. Additional features include a detached 2-car garage, a large workshop, and direct frontage access to one of the serene lakes—perfect for fishing, kayaking, or simply relaxing by the water. Don’t miss this rare opportunity to own a peaceful retreat just minutes from the conveniences of town. Welcome home to Woodway living at its finest!

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$575,000
Days On Site 
1 Day
Bedrooms 
4
Inside Area (SqFt) 
2,860 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
1.02 Acres
Year Built 
1963
MLS® Number 
20933981
Status 
Active
Property Tax 
$7,690
HOA/Condo/Coop Fees 
$29.17 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
22 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
1.02
Garage 
Yes
Garage Spaces 
2
Parking 
Additional ParkingAsphaltDrivewayGarage Door OpenerOn Site
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
Two
Utilities 
Electricity Connected
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalElectric RangeElectric Water Heater
Interior 
Eat-in KitchenGranite CountersKitchen IslandOpen Floorplan
Living Room 
Dimensions - 0 x 0Level - First
Master Bedroom 
Dimensions - 0 x 0Level - First
Save
Ask
Tour
Hide
Share
Community Features
Accessibility Features 
Accessible Entrance
Association Dues 
350
HOA Fee Frequency 
Annually
School District 
Midway ISD
Schools
School District
Midway ISD
Elementary School
Woodway
Middle School
River Valley
High School
Midway
Listing courtesy of Kevin Collins of Kelly, Realtors [email protected]



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-05-14 06:24 PM CDT

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share