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$689,000
5 Beds
4 Baths
2,774 SqFt
1.01 Acre Lot
44,065 Sqft Lot
Status Active
Property Type Single Family Residence
Price Type
Year Built 1975
Neighborhood River Point Estates
Days on Website 34

Property Map

$689,000 – 640 Rainbow Ridge, Canyon Lake, TX 78133

Street View

Property listed by Res and Ranch LLC 512-829-3580 {attribution_contact}

Description

SELLER FINANCING AVAILABLE! 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.

Property Details and Features

Appliances & Equipment

  • Dishwasher
  • Exhaust Fan
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker

Bathrooms

  • 4 full bathrooms
  • 4 total bathrooms

Bedrooms

  • 5 total bedrooms
  • 5 bedrooms on main level

Building

  • Built in 1975
  • Stories: 1
  • 2,774 sqft living area
  • Masonry
  • Stone
  • Stucco

Disclosures

  • Seller Disclosure

Fence

  • Back Yard
  • Partial
  • Privacy
  • Wood

Fireplaces

  • 1 fireplace
  • Living Room
  • Wood Burning

Floors

  • Tile
  • Vinyl

Foundation

  • Slab

Heating

  • Electric
  • Forced Air

Interior Features

  • Ceiling Fan(s)
  • Separate/Formal Dining Room
  • Double Vanity
  • French Door(s)/Atrium Door(s)
  • High Speed Internet
  • Multiple Living Areas
  • Multiple Dining Areas
  • Main Level Primary
  • Multiple Primary Suites
  • Open Floorplan
  • Quartz Counters
  • Recessed Lighting
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Laundry

  • Laundry Closet
  • Washer Hookup
  • Electric Dryer Hookup

Listing

  • Property Subtype: Single Family Residence
  • Listed on 2024-04-15

Location

  • County: Comal
  • Subdivision: River Point Estates

Lot

  • 1.0116 acres
  • Area: 1.0116
  • Front Yard
  • Interior Lot
  • Level
  • Trees Medium Size
  • Trees Small Size

Parking

  • Circular Driveway
  • Gravel
  • Off Street
  • Unpaved

Possession

  • Closing & Funding
  • Close Of Escrow

Property

  • Resale
  • Neighborhood
  • Rural

Roof

  • Composition

Schools

  • Elementary School: Mountain Valley
  • Elementary School District: Comal ISD
  • Middle School: Mountain Valley Middle
  • Middle School District: Comal ISD
  • High School: Canyon Lake
  • High School District: Comal ISD

Sewer

  • Septic Tank

Taxes

  • Annual Amount: $5,844
  • Year: 2023

Utilities

  • Cable Available
  • Cable Connected
  • Electricity Connected
  • Natural Gas Not Available
  • High Speed Internet Available
  • Phone Available
  • Water Connected

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