TBD Rainbow Drive Woodway, TX $ 200,000
TBD Rainbow Drive
$ 200,000
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TBD Rainbow Drive

Woodway, TX, 76712
$ 200,000
Baths0.0

Monthly Estimate*

$ 1,248

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View a Virtual Tour
Studio

Lots and Land for sale in Woodway, TX

for $200,000. The lot size is 0.21.

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!

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Lots and Land Active

Price

$ 200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

0.21

Town/City

Woodway

County/Region

McLennan

MLS | Web ID

20976754

Features
General
Development Status City Limits
Utilities City Sewer City Water Electricity Available
Possession Closing/Funding
Assoc Fees 50
Restrictions Animals Architectural Building Deed
School District Midway ISD
HOA Fee Includes Maintenance Grounds
Property Subtype Unimproved Land
Subdivision Name Rainbow Lake
County McLennan
Property Type Land
HOA Type Mandatory
Status Active
Directions Private Drive. Call before viewing.
City Woodway
Elementary School Name Woodway
High School Midway
Elementary School Woodway
Standard Status Active
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Exterior
Lot Features Many Trees Waterfront
Lot Size Less Than .5 Acre (not Zero)
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* Excluded Features
List By
Matthew McLeod

Listing Agent

The Mcleod Company

Broker

Affordability Calculator

$1,248
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,248
Monthly Property Taxes
--
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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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4275725 Elementary School
3685766 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2025$200,000 -20.00% Price Down
7/18/2025$250,000 Listed Price

Map


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TBD Rainbow Drive, Woodway, TX, 76712 is a Lots and Land for sale at $200,000 with a lot size of 0.21. TBD Rainbow Drive is a studio with 0.0 baths. The property's zip code is 76712 which is in Woodway, TX