Contact
SRE-Sudderth Real Estate
100 E Collin St. / 404 N Powell Parkway
Leonard / Anna , TX
Phone:
(903) 587-3301
Fax:
(903) 587-2404
Mobile:
(972) 658-2084
Email: rodger@sretexas.com
sretexas@sretexas.com

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Back of property at dusk featuring a pergola and a yard
Back of property at dusk featuring a pergola and a yard
218 Rainbow Drive
Woodway, TX 76712
Mclennan, US
Community: Rainbow Lake
$575,000.00
$555,000.00 listing calculator
Status: Active (For Sale)
Type: Residential
Subtype: Single Family Residence
Lot Size: 1.02 Acres
Year Built: 1963
Bedrooms: 4
MLS ID: 20933981


Overview
Photos (41)
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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!

Courtesy Of: Kelly, Realtors


Feature Highlights


  • Dining Room
  • Family Room

General Features


Garage:
Additional Parking,Asphalt,Driveway,Garage Door Opener,On Site

Public Schools


School District:
Midway ISD
Elementary School:
Woodway
Middle School:
River Valley
High School:
Midway

Interior Features


Baths Full:
3
Beds Total:
4
Interior Features:
Eat-in Kitchen,Granite Counters,Kitchen Island,Open Floorplan
Number Of Dining Areas:
1
Number Of Living Areas:
1
Room Count:
2

Exterior Features and Amenities


Lot Size:
1 to < 3 Acres
Lot Size Area:
1.0200
Lot Size Units:
Acres
Subdivision Name:
Rainbow Lake
Parking Features:
Additional Parking,Asphalt,Driveway,Garage Door Opener,On Site

Utility Information


Utilities:
City Sewer,City Water,Electricity Connected,Private Road

Financial


Association Fee:
350
Unexempt Taxes:
$7,690.00
Transaction Type:
For Sale
Tax Legal Description:
RAINBOW LAKE LOT 66 BLOCK A ACRES 1.02
Association Type:
Mandatory
Association Fee Includes:
Full Use of Facilities
Association Fee Frequency:
Annually

Other Features


Possession:
Closing/Funding
Structural Style:
Single Detached
Parcel Number:
362550000055000
Accessibility Features:
Accessible Entrance
Will Subdivide:
No


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

Availability Calendar


- Available - Unavailable

Rental Rates


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Data last updated: 2025-06-08
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