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    507 Rainbow Drive, Lakehills, TX 78063

    3beds
    1,380sqft
    Single Family Residence
    Built in 2002
    0.29 Acres Lot
    $249,200 Zestimate®
    $--/sqft
    $1,861 Estimated rent

    Home value

    $249,200

    $237,000 - $264,000

    $1,861/mo

    Zestimate® history
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    What's special

    Large shady oaksPopular pebble beach subLarge walk in showerLots of cupboardsNew roofLovely kitchenMaster suite
    Lovely one story home nestled under large shady oaks on a corner lot in Popular Pebble Beach Sub. close to Medina Lake.Home is freshly painted throughout,3 beds 2 baths 1380SQFT. Lovely kitchen with lots of cupboards & counter space.Master suite features a large walk in shower with glass doors. Lots of storage. Exterior paint & new roof in 2019. Fenced area for your dogs. Wonderful front covered patio with swing seat that you will spend a lot of time on.LAKE ACCESS THROUGH BEAUTIFUL HOA PARKS**COME & SEE!!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Michelle Reichle TREC #535966 (210) 854-3060,

    Hi Energy Realty

    Source: LERA MLS,MLS#: 1709939MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Walk-In Closet(s), Multi-Closets, Ceiling Fan(s), Full Bath
    • Area: 121
    • Dimensions: 11 x 11
    Bedroom 2
    • Area: 154
    • Dimensions: 14 x 11
    Bedroom 3
    • Area: 100
    • Dimensions: 10 x 10
    Primary bathroom
    • Features: Shower Only, Single Vanity
    • Area: 90
    • Dimensions: 10 x 9
    Dining room
    • Area: 130
    • Dimensions: 13 x 10
    Kitchen
    • Area: 150
    • Dimensions: 15 x 10
    Living room
    • Area: 182
    • Dimensions: 14 x 13
    Heating
    • Central, Electric
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Microwave, Range, Dishwasher, Electric Water Heater
    • Laundry: Main Level, Washer Hookup, Dryer Connection
    Features
    • One Living Area, Separate Dining Room, Eat-in Kitchen, Two Eating Areas, Breakfast Bar, Utility Room Inside, Secondary Bedroom Down, 1st Floor Lvl/No Steps, Open Floorplan, High Speed Internet, All Bedrooms Downstairs, Master Downstairs, Ceiling Fan(s), Programmable Thermostat
    • Flooring: Carpet, Vinyl, Laminate
    • Windows: Double Pane Windows, Window Coverings
    • Has basement: No
    • Has fireplace: No
    • Fireplace features: Not Applicable
    Interior area
    • Total structure area: 1,380
    • Total interior livable area: 1,380 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: None, One Car Carport
    • Carport spaces: 1
    Accessibility
    • Accessibility features: Low Pile Carpet, No Steps Down, Level Lot, Level Drive, No Stairs, First Floor Bath, Full Bath/Bed on 1st Flr, First Floor Bedroom, Stall Shower
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Covered
    • Exterior features: Rain Gutters
    • Pool features: None
    • Fencing: Privacy,Partial,Wire
    • Waterfront features: Water Access
    • Body of water: Lake Medina
    Lot
    • Size: 0.29 Acres
    • Features: Corner Lot, 1/4 - 1/2 Acre, Level, Fire Hydrant w/in 500'
    • Residential vegetation: Mature Trees
    Details
    • Additional structures: Shed(s)
    • Parcel number: 15501000050350

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Texas Hill Country
    • Property subtype: Single Family Residence
    Materials
    • 4 Sides Masonry, Siding
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Pre-Owned
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Electric: Bandera COOP
    • Gas: NA
    • Sewer: SEPTIC, Septic
    • Water: SYSTEM, Water System
    • Utilities for property: Cable Available, Private Garbage Service

    Community & HOA

    Community
    • Features: Waterfront Access, Playground, BBQ/Grill, Lake/River Park, Boat Ramp, Boat Dock
    • Subdivision: Pebble Beach
    HOA
    • Has HOA: Yes
    • HOA fee: $42 annually
    • HOA name: PEBBLE BEACH OF MEDINA LAKE ASSOCIATION
    Location
    • Region: Lakehills

    Financial & listing details

    • Tax assessed value: $248,650
    • Annual tax amount: $4,276
    • Date on market: 9/11/2025
    • Cumulative days on market: 269 days
    • Listing terms: Conventional,FHA,VA Loan,Cash,Investors OK
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/15/2024Sold--
    Source: LERA MLS #1709939 Report a problem
    3/8/2024Pending sale$220,000$159/sqft
    Source: LERA MLS #1709939 Report a problem
    2/19/2024Contingent$220,000$159/sqft
    Source: LERA MLS #1709939 Report a problem
    12/13/2023Price change$220,000-12%$159/sqft
    Source: LERA MLS #1709939 Report a problem
    12/11/2023Price change$249,995-3.8%$181/sqft
    Source: LERA MLS #1709939 Report a problem
    11/6/2023Price change$259,999-1.9%$188/sqft
    Source: LERA MLS #1709939 Report a problem
    11/2/2023Price change$264,9950%$192/sqft
    Source: LERA MLS #1709939 Report a problem
    8/30/2023Price change$265,000-5.4%$192/sqft
    Source: LERA MLS #1709939 Report a problem
    8/17/2023Price change$279,999-2.6%$203/sqft
    Source: LERA MLS #1709939 Report a problem
    8/8/2023Price change$287,4500%$208/sqft
    Source: LERA MLS #1709939 Report a problem
    6/13/2023Listed for sale$287,500$208/sqft
    Source: LERA MLS #1695613 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,375 +1.3%$248,650 +0.3%
    2024$3,332 +3.2%$247,950 +7%
    2023$3,228 -6.6%$231,710 +9.3%
    2022$3,456 $211,920 +19.4%
    2021-- $177,540 +29.4%
    2020$2,487 $137,250 -0.1%
    2019-- $137,380 +1.4%
    2018-- $135,430 +4.4%
    2017-- $129,750
    2016-- $129,750 +0.4%
    2015-- $129,270
    2014-- $129,270
    2013-- $129,270 -1.5%
    2012-- $131,280
    2010-- $131,280 +2.2%
    2009-- $128,480 +10.1%
    2008-- $116,700
    2007-- $116,700
    Find assessor info on the county website

    Neighborhood: Lakehills

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hill Country
    • Middle: Bandera
    • High: Bandera
    • District: Bandera Isd

    Source: LERA MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $249,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $249,200