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218 Rainbow Drive Woodway, TX $ 510,000
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$ 510,000 Get more info
218 Rainbow Drive
$ 510,000
Back to search
Share Save

218 Rainbow Drive

Woodway, TX, 76712
$ 510,000
Bedrooms4 Baths3.0 Sq 2,570

Monthly Estimate*

$ 3,182

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Single Family Home for sale in Woodway, TX

for $510,000 with 4 bedrooms and 3 full baths. This 2,570 square foot home was built in 1963 on a lot size of 1.02.

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!

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Single Family Active

Price

$ 510,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 7,690

Style

Single Family Residence

Lot Size

1.02

Year Built

1963

Town/City

Woodway

County/Region

McLennan

MLS | Web ID

20933981
Features
Interior
Interior Features Eat-in Kitchen Granite Counters Kitchen Island Open Floorplan
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 4
Total Baths 3
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General
Utilities City Sewer City Water Electricity Connected Private Road
Possession Closing/Funding
Appliances Dishwasher Disposal Electric Range Electric Water Heater
Assoc Fees 350
Number of Garage Spaces 2
School District Midway ISD
HOA Fee Includes Full Use of Facilities
Pool Y/N 0
Year Built 1963
Levels Two
Property Subtype Single Family Residence
Subdivision Name Rainbow Lake
Accessibility Features Accessible Entrance
Transaction Type For Sale
County McLennan
Property Type Residential
HOA Type Mandatory
Full Baths 3
Status Active
Directions Hwy 84 toward McGregor to Estate Drive & Hewitt Drive exit. Rainbow Drive is to the right as you exit the ramp. House down on the left
City Woodway
Elementary School Name Woodway
High School Midway
Elementary School Woodway
Standard Status Active
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Exterior
Parking Features Additional Parking Asphalt Driveway Garage Door Opener On Site
Lot Size 1 to < 3 Acres
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 0
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Internal Only
Street Number 1 218
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* Excluded Features
List By
Kevin Collins

Listing Agent

Kelly, Realtors

Broker

Affordability Calculator

$3,823
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,182
Monthly Property Taxes
$641
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4275725 Elementary School
3685766 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
10/21/2025 $510,000 -2.67% Price Down
9/26/2025 $524,000 -3.68% Price Down
8/5/2025 $544,000 -0.91% Price Down
7/2/2025 $549,000 -1.08% Price Down
6/2/2025 $555,000 -3.48% Price Down
5/13/2025 $575,000 Listed Price

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218 Rainbow Drive, Woodway, TX, 76712 is a Single Family Home for sale at $510,000 with 2,570 sqft and a lot size of 1.02. 218 Rainbow Drive has 4 bedrooms, 3.0 baths, and was built in 1963. The property's zip code is 76712 which is in Woodway, TX

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