Build your Hill Country dream home on this beautiful 1+ acre property ideally located near the famous Horseshoe on the Guadalupe River in Canyon Lake. Offering level terrain, this homesite is ready for construction with a water tap already installed and an electrical pole and transformer located on the property. Enjoy the best of Canyon Lake living with easy access to the Guadalupe River in the subdivision, tubing, fishing, kayaking, and endless outdoor recreation. Just minutes from Whitewater Amphitheater, you'll love having live music, popular restaurants, and local entertainment nearby. Canyon Lake is also just a short drive away, providing opportunities for boating, swimming, and lakeside relaxation. Whether you're looking to build a full-time residence, vacation getaway, or investment property, this prime location offers the perfect combination of convenience, recreation, and Texas Hill Country charm.
Vacant landProperty Type
1.06 acresLot Size
$206,604Price/Acres
Listed by Justian Sullivan• Sullivan Hill Country Properti
East Canyon Lake, located between Canyon Lake and the Guadalupe River, is a lakeside and hill-country Canyon Lake neighborhood with shoreline coves and limestone ridgelines. The neighborhood’s character concentrates around FM 306 near the Canyon Lake Dam, where marinas, bait-and-tackle counters, and patio dining set a weekend-on-the-water rhythm. Housing leans to ranch-style homes, lake cabins, and newer builds tucked along winding, oak-lined roads. Days track the waterline at Comal Park and the boat ramps, with sunsets framed by the dam’s broad spillway. Local staples such as The Dam Red Barn, Gennaro’s Trattoria, and Canyon Lake Marina anchor the social calendar. The landscape stays central: clear water, bluff views, and dark skies after the last dock light clicks off.
Provided by Walk Score and Local Logic
Property details
Exterior
Exterior features
Level lot
A few trees
Property has a view
Home design
Residential zoning
Construction
Built on a 153 x 296 parcel
Utilities
Above-ground utilities available
Electricity available
Natural gas not available
Public water available
Septic needed
Sale and tax history for 641 Rainbow Rdg
Sale History
Tax History
Date
Event
Price
Unlock MLS #9698808
Sep 9, 2026
Price Changed
$219,000
Jul 22, 2026
Price Changed
$229,000
Jun 12, 2026
Listed
$239,000
LERA #1991049
Sep 9, 2026
Price Changed
$219,000
Jul 22, 2026
Price Changed
$229,000
Jun 11, 2026
Listed
$239,000
+21
Build your Hill Country dream home on this beautiful 1+ acre property ideally located in the famous Horseshoe on the Guadalupe River with no HOA. Offering level terrain, this homesite is ready for construction with a water tap already installed and an electrical pole and transformer located on the property. Enjoy the best of Canyon Lake living with easy access to the Guadalupe River in the subdivision, tubing, fishing, kayaking, and endless outdoor recreation. Just minutes from Whitewater Amphitheater, you'll love having live music, popular restaurants, and local entertainment nearby. Canyon Lake is also just a short drive away, providing opportunities for boating, swimming, and lakeside relaxation. Whether you're looking to build a full-time residence, vacation getaway, or investment property, this prime location offers the perfect combination of convenience, recreation, and Texas Hill Country charm.
CTXMLS #616393
Sep 9, 2026
Price Changed
$219,000
Jul 22, 2026
Price Changed
$229,000
Jun 10, 2026
Listed
$239,000
+21
Build your Hill Country dream home on this beautiful 1+ acre property ideally located in the famous Horseshoe on the Guadalupe River with no HOA. Offering level terrain, this homesite is ready for construction with a water tap already installed and an electrical pole and transformer located on the property. Enjoy the best of Canyon Lake living with easy access to the Guadalupe River in the subdivision, tubing, fishing, kayaking, and endless outdoor recreation. Just minutes from Whitewater Amphitheater, you'll love having live music, popular restaurants, and local entertainment nearby. Canyon Lake is also just a short drive away, providing opportunities for boating, swimming, and lakeside relaxation. Whether you're looking to build a full-time residence, vacation getaway, or investment property, this prime location offers the perfect combination of convenience, recreation, and Texas Hill Country charm.
CTXMLS #515602
Aug 6, 2023
Listing Removed
—
Jul 23, 2023
Listed
$275,000
Public Records
Aug 1, 2011
Sold
*
LERA #775382
Oct 30, 2009
Listing Removed
—
Apr 14, 2009
Listed
$60,000
Public Records
Jul 11, 2007
Sold
*
Public Records
Jun 6, 2005
Sold
*
Public Records
Oct 22, 1996
Sold
*
Year
Property tax
Land + Additions
Assessment*
2026
$2,610 (+20.0%)
2025
$2,175 (+22.1%)
2024
$1,781 (−19.7%)
2023
$2,217 (−11.4%)
$148,650
2022
$2,502 (+193.8%)
$148,650
2021
$852 (+0.2%)
$47,450
2020
$850 (−3.6%)
$47,450
2019
$882 (−1.6%)
$47,450
2018
$896
$47,440
2017
$895 (+0.8%)
$47,450
2016
$888
$47,440
2015
$888 (+15.0%)
$47,440
2014
$772 (−1.8%)
$41,250
2013
$786 (+7.3%)
$41,250
2012
$733 (−1.9%)
$41,250
2011
$747 (+30.3%)
$39,190
2010
$573
2009
$573
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
1.06 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Comal County
APN
000000050508
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on May 8, 2026.
Climate risks
6/10 Flood Factor
Estimated 58-70% chance of a flood reaching the building in the next 30 years
5/10 Fire Factor
3% chance of being in a wildfire in next 30 years
8/10 Heat Factor
8 days above 107° expected this year, 25 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Canyon Lake, TX • 78133
Average low and high temperatures (°F)
60
41
70
48
80
57
80
64
86
67
90
75
91
76
95
75
91
70
87
65
77
56
68
50
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in Canyon Lake. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 641 Rainbow Rdg
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $79,900 and $350,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $80K to $350K.