640 Rainbow Rdg

Canyon Lake, TX 78133
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5 Bedroom(s)
4 Full Bath(s)
2,774 Sqft. ($252/Sqft.)
1.01 Lot Acres
Residential Single Family

Audio narrative

Description

LOCATION! LOCATION! LOCATION! COMPLETELY REMODELED AND OPERATING SHORT-TERM RENTAL ON THE HORSESHOE WITHIN WALKING DISTANCE TO THE GUADALUPE RIVER AND WHITEWATER AMPITHEATER. Investors, here is your chance to purchase a complete turnkey home on the Horseshoe. The remodel was completed in late 2023 and has been operating as an STR ever since. The home sits on over an acre and is nestled under the oaks. No flood plain issues with this one and just walk to the tube rental and then into the water for your relaxing two-hour float. The five-bedroom and four-bathroom home was taken down to the studs and redone from the inside out. New plumbing, electrical, septic tank and field, AC, flooring, drywall, windows, doors, designer plumbing and electrical fixtures, solid wood cabinets with soft close and quartz countertops throughout. The attention to detail is obvious when you walk through and some of the vintage original details are visible. Great neighborhood that is at the heart of all the action. The home can be purchased with all the furniture for your complete turnkey vacation rental or second home. Don't miss your opportunity to own this home today.

MLS#
ABORTX-5962958
List Price
$699,000 ($252/Sqft.)
Listing Status
For Sale
Address
640 Rainbow Rdg
State
TX
Zip Code
County
Subdivision
River Point Estates
Legal Description
RIVER POINT ESTATES, BLOCK 2, LOT 3
Property Type
Residential Single Family
Bedroom
5 Bedroom(s)
Bath
4 Full Bath(s)
Stories
1
Building Size
2,774 Sqft/Plans
Year Built
1975 /Public Records
Lot Size
1.01 Lot Acres/Appraisal District

Interior

Number Of Living Area
3
Number Of Dinning Area
1
Fireplace
1/Living Room,Wood Burning
Floors
Tile, Vinyl
Cooling
Ceiling Fan(s), Central Air, Heat Pump
Heating
Electric, Forced Air
Window
Double Pane Windows,Low Emissivity Windows,Vinyl Windows
Appliances
Dishwasher, Electric Range, Exhaust Fan, Microwave, Plumbed For Ice Maker
Security System
None
Interior
2 Primary Baths, 2 Primary Suites, Ceiling Fan(s), Ceiling-Vaulted, Counter-Quartz, Double Vanity, Electric Dryer Hookup, French Doors, High Speed Internet, Multiple Dining Areas, Multiple Living Areas, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Washer Hookup

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Masonry ? All Sides, Stone, Stucco
Lot Description
Front Yard, Interior Lot, Level, Trees-Medium (20 Ft - 40 Ft), Trees-Small (Under 20 Ft)
Parking
Circular Driveway, Gravel, Off Street, Unpaved
Parking Space
Garage 0 / Parking 10
Utility
Cable Connected,Electricity Connected,Internet-Cable,Natural Gas Not Available,Phone Available,Water Connected
Front Door Face
West
Views
Neighborhood,Rural

Rooms

Kitchen
Main Floor; Quartz Counters, Plumbed for Icemaker
Primary Bedroom
Main Floor; Ceiling Fan(s)
Primary Bath
Main Floor; Quartz Counters,Dual Vanity,Full Bath,Recessed Lighting

Lot information

Lot Size
1.01 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

Austin Central Texas Realty Information Service
Source last updated May 04, 2024 at 04:08 PM
Listing last updated Apr 26, 2024 at 07:08 PM
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640 Rainbow Rdg, Canyon Lake, TX 78133. View photos, map, tax, nearby homes for sale, home values, school info...

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