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231 N Rainbow Ranch Rd 1624735Edit search
ActiveMLS #1624735

231 N Rainbow Ranch RD, Wimberley TX 78676

Wimberley, TX 78676 · Rainbow Ranch

Single Family Residence for sale in Rainbow Ranch

3Bedrooms
2Bathrooms
1,472Square Ft
2.50Acres
0Garage
2023Year Built
Price Reduced
1 / 33
$495,000$525,000
3D tour

Overview

Property Description

Tucked away on 2.5 acres is this well maintained adorable home. This newer built home has three bedrooms and two full baths, front and back covered porches, stainless steel appliances and beautiful granite countertops. It's perfect for Hill Country get away, forever home or someone who is looking to downsize, but doesn't want to be in subdivision with smaller lots. Here you can spread your wings and develop more of the land with say a shop, garage, garden or barn. Perfectly located between Wimberley and Dripping Springs and only three driveways into Rainbow Ranch. It is currently on a shared well with the owner/neighbor, but they are willing to drill the new owner a well or put in a rainwater catchment. The property does have some partial fencing.

Financial Info
Price
$495,000
$ / Sqft
$336
HOA
Yes - Mandatory / $420 / Annually
HOA Name
Rainbow Ranch HOA
HOA Includes
See Remarks
Tax Rate
1.5528%
Est. Taxes
$2,741
Tax Year
2025
Exemptions
None
Legal Info
Address
231 N Rainbow Ranch RD
County
Hays
City
Wimberley
State
TX
Zip
78676
Subdivision
Rainbow Ranch
Legal Description
Rainbow Ranch, Lot PT 42B, Acres 2.5, (AKA J Lansing Surv)
Parcel
11-6675-0000-04204-8
Interior Features
Floor
Vinyl
Num Living
1
Dining
1
Kitchen
Granite Counters
Appliances
Dishwasher, Free-Standing Electric Range, Refrigerator
Laundry
Laundry Room
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Interior Features
Ceiling Fan(s), Granite Counters, Primary Bedroom on Main, Walk-In Closet(s), None, Blinds
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2023 / Resale
Square Feet
1,472 / Owner
Garage Desc
Open, Outside
Foundation
Slab
Roof
Metal
Construction
HardiPlank Type
Acres
2.50
Lot Description
Interior Lot, Level, Trees-Medium (20 Ft - 40 Ft)
Restrictions
Deed Restrictions
Flood Plain
No
View
Hill Country, Trees/Woods
Water Access
No
Waterfront
No
Area
HW
Utility Info
Water
Shared Well
Sewer
Aerobic Septic
Utilities
Electricity Connected, Sewer Connected, Water Connected
Heat
Central
A C
Ceiling Fan(s), Central Air, Electric
Exterior Features
Fence
Back Yard
Exterior Features
None, Covered, Front Porch, Rear Porch
Pool On Property
No
Area Amenities
Cluster Mailbox

Price history

Members only
Days on market
−$30,000 (−5.7%)
$525,000 → $495,000
1
Price reduction
Active
Since May 28, 2026
Price trend
List priceMay 2026 → Jul 2026
Property history2 events
DateEventPriceChange
Jul 21, 2026Price Decrease$495,000−$30,000 (−5.7%)
May 28, 2026New Listing

Taxes

General Information
Owner
BONUGLI FAMILY TRUST
Legal
RAINBOW RANCH, Lot PT 42B, ACRES 2.5, (AKA J LANSING SURV)
Geo ID
1166750000042048
Acreage
2.50
Exemptions
Exemption Type
None on record
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$2,741
MLS tax year
2025
Appraisal Values
YearLandImprovementsMarketAssessed
2026$124,030$0$124,030$124,030

Disclaimer: Tax data provided by Hays Central Appraisal District (2026 Hays CAD PropertyDataExport 2026-08-26).

Schools

School Info
District
Wimberley ISD
Elementary
Blue Hole
Middle
Danforth
High
Wimberley

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $495,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,144 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,144

Principal & interest
$2,503
Property taxes
$228
Homeowners insurance
$413

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$396,000$4,426$25,610$391,574
2$391,574$4,723$25,313$386,851
3$386,851$5,039$24,997$381,812
4$381,812$5,376$24,660$376,436
5$376,436$5,736$24,299$370,699
6$370,699$6,121$23,915$364,579
7$364,579$6,531$23,505$358,048
8$358,048$6,968$23,068$351,080
9$351,080$7,435$22,601$343,646
10$343,646$7,932$22,103$335,713
  • Year 1$391,574
    Principal paid
    $4,426
    Interest paid
    $25,610
    Starting balance
    $396,000
  • Year 2$386,851
    Principal paid
    $4,723
    Interest paid
    $25,313
    Starting balance
    $391,574
  • Year 3$381,812
    Principal paid
    $5,039
    Interest paid
    $24,997
    Starting balance
    $386,851
  • Year 4$376,436
    Principal paid
    $5,376
    Interest paid
    $24,660
    Starting balance
    $381,812
  • Year 5$370,699
    Principal paid
    $5,736
    Interest paid
    $24,299
    Starting balance
    $376,436
  • Year 6$364,579
    Principal paid
    $6,121
    Interest paid
    $23,915
    Starting balance
    $370,699
  • Year 7$358,048
    Principal paid
    $6,531
    Interest paid
    $23,505
    Starting balance
    $364,579
  • Year 8$351,080
    Principal paid
    $6,968
    Interest paid
    $23,068
    Starting balance
    $358,048
  • Year 9$343,646
    Principal paid
    $7,435
    Interest paid
    $22,601
    Starting balance
    $351,080
  • Year 10$335,713
    Principal paid
    $7,932
    Interest paid
    $22,103
    Starting balance
    $343,646
First 10 of 30 years

Nearby

Courtesy of Hills Of Texas Sky Realty · (512) 722-3267

Listings courtesy of ACTRIS as distributed by MLS GRID.