Price Reduction - Waterfront
$ 455,000
Property Attributes
  • MLS#T3274349
  • TypePending
  • CityOdessa
  • AreaOdessa
  • NeighborhoodRainbow Terrace
  • Zip33556
  • StyleTraditional
  • Year Built1973
  • Taxes2671
  • Price$ 455,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2163
  • Lot Size0.55 Acres
Listing Provided Courtesy Of:
Property Description

RARE WATERFRONT OPPORTUNITY with 110’ of frontage along RAINBOW LAKE in beautiful, ODESSA! The peace and serenity of Rainbow Terrace welcomes you from the minute you turn off Crawley Road to make your way home. The natural setting, with spacious pastures and lush wetlands greets you as you approach your front yard filled with 100-ft. cypress trees. This 4-bedroom, 3 bath, lakefront charmer offers just under 2,300 square feet of living space and limitless possibilities! Improvements include: Roof replaced (2014), RUUD 3.0 Ton R410A Condenser + RUUD 3.0 Ton Air Handler (2020), and 100/125 AMP Electrical panel + breakers (2020) – Now, it needs your creative touch with updates! Bring your boat, jet skis, kayaks, and fishing poles to enjoy Rainbow Lake (approx. 50 acres) which connects to Little Moon Lake (approx. 12 acres). Gorgeous sunsets, cool breezes and this quiet, rural setting makes everyday feel like a vacation!

Elementary School Middle School High School
Hammond Elementary School Sergeant Smith Middle-HB Steinbrenner High School
Price History
11/4/2020 Listed $475,000
11/16/2020 5% - $455,000

General Features

Additional Water Information Rainbow Lake connect to Little Moon Lake.
Appliances Electric Water Heater, Microwave, Range, Water Softener
Architectural Style Traditional
Carport Spaces 2
Carport Y/N Yes
Construction Materials Block, Wood Frame
Cooling Central Air
Elementary School Hammond Elementary School
Exterior Features Irrigation System, Sliding Doors
Facing Direction North
Flooring Carpet, Ceramic Tile, Wood
Heating Central, Electric
High School Steinbrenner High School
Homestead Yes
Interior Features Eating Space In Kitchen, Stone Counters, Walk-In Closet(s)
Junior High Sergeant Smith Middle-HB
Levels One
MLS Area 33556 - Odessa
Minimum Lease Period No Minimum
Other Structures Shed(s)
Parking Features Driveway, None
Patio/Porch Features Front Porch
Pets Allowed Yes
Property SubType Single Family Residence
Property Type Residential
Roof Shingle
Sewer Septic Tank
Special Listing Conditions None
Status Pending
Subdivision Name RAINBOW TERRACE
Terms Cash
Township 27
Utilities BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected
Water Access Type Lake
Water Access Y/N Yes
Water Body Name RAINBOW LAKE
Waterfront Features Lake
Year Built 1973
Zoning ASC-1

Interior Features

Fireplace Features Family Room, Wood Burning
Fireplace Y/N Yes
Laundry Features Inside
Living Area 2163.00
Total Bedrooms 4

Exterior Features

Building Area Total 2267.00
Foundation Details Slab
Lot Dimensions 110x183
Lot Features Conservation Area, Cul-De-Sac, In County, Oversized Lot, Street Dead-End, Street Paved
Lot Size Acres 0.55
Lot Size Square Feet 23598
Vegetation Mature Landscaping, Trees/Landscaped
Water Frontage Feet Lake 110
Water View Lake
Water View Y/N Yes
Waterfront Feet Total 110
Waterfront Y/N Yes


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33556

AVG $460K
AVG $5,406
AVG 82
Year Built
AVG 2013

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