218 Rainbow Drive
Woodway, TX, 76712
$549,000
4 Beds
3 Baths
2,570 SqFt
1.02 Acres
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Location

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&#39'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!

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$549,000
MLS #:
20933981
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Rainbow Lake
Listed Date:
May 13, 2025
Finished Sq Ft:
2,570
Lot Size:
44,431 sqft / 1.02 acres (approx)
Year Built:
1963
GarageRainbow LakeMidway IsdWoodwayRiver ValleyMidway

Schools

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

Interior

Bathrooms Full
3
Interior Features
Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan
Number Of Living Areas
1

Exterior

Garage Spaces
2
Lot Size Area
1.0200

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Market Summary

Current real estate data for Single Family in Woodway as of Aug 04, 2025
113
Single Family Listed
71
Avg DOM
199
Avg $ / SqFt
$498,296
Avg List Price

Property Summary

    Located in the Rainbow Lake subdivision, 218 Rainbow Drive Woodway TX is a Single Family for sale in Woodway, TX, 76712. It is listed for $549,000 and features 4 beds, 3 baths, and has approximately 2,570 square feet of living space, and was originally constructed in 1963. The current price per square foot is $214. The average price per square foot for Single Family listings in Woodway is $199. The average listing price for Single Family in Woodway is $498,296. To schedule a showing of MLS#20933981 at 218 Rainbow Drive in Woodway, TX, contact your Aaron Layman Properties agent at 940-209-2100.
218 Rainbow Drive
Woodway, TX