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$404,000

NAL Estimated Property Value

111 S Rainbow Dr, Whitehouse, TX, 75791

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,553 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.85 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet

Exterior

Lot Size6,447 sqft

Building Information

Garage Spaces2

Land Information

APN1-59965-0000-00-022000
Lot Number22
SubdivisionPark Meadows
Land UseOther / Unknown
Legal DescriptionPARK MEADOWS LOT 22 2023 RP/NEW SUBD
Census Tract002009
Assessed Land Value$28,888
Assessed Improvement Value$322,174
Assessment Year2025

About this property

This brand new 4 bedroom 2 bath Vision Home in Park Meadows will be move-in ready in August! The energy-efficient home features an open floor plan with vinyl plank flooring & carpet in the bedrooms, granite counters in the kitchen with additional island seating for 2, and Smart Home features throughout! No detail is missed in this affordable home with trendy color selections, stainless steel appliances, raised 9' ceilings, easy clean tilt-sash windows, digital sprinkler system, Bermuda sodded front & back yard, and full 6ft privacy fence! Rest well in your new home knowing it's built with a solid post-tension slab that comes with a 10-year builder warranty! Park Meadows has a great location. Everything is minutes away with easy access to Whitehouse schools, Hwy 110, Loop 49, dining, shopping, and Lake Tyler, too! Additional upgrades available. Call today to learn more!

Investor Tools

Property Icon
$404,000
Estimated Property Value
$252,224Estimated Mortgage Balance
$151,776Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,424 /month
Positive
Cash Flow Estimate:
$808 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,086
$351,062
2025
$28,888
$322,174
$351,062
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,086
$351,062

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Fha
$265,099
Yes
First
Sep 28, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,224
$151,776
37%
62%
$1,590/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Whitehouse

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111 S Rainbow Dr | Property Details | No Agent List