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$393,120

NAL Estimated Property Value

1201 Rainbow Parke Dr, Round Rock, TX, 78665

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,099 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.04 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Range, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built2008
Stories1
Garage Spaces2

Land Information

APNR-16-5047-000A-0001
Lot Number1
SubdivisionRainbow Parke
Land UseResidential
Legal DescriptionS8693 - RAINBOW PARKE, BLOCK A, LOT 1
Census Tract021511
Assessed Land Value$80,000
Assessed Improvement Value$313,120
Assessment Year2025

About this property

This home is ready to go. The community backs up to the Old Settlers Park and a soon to be Red Bud Elementary opening 2021-2022 school year. Freshly painted, carpet replaced 4/24/21. Four bedrooms, 2 full baths, open floor plan with a formal dining and reading or sitting area upfront. Security System is owned and will remain with multiple cameras and a monitoring TV. Screened in back patio with TV area for year around enjoyment. Oversized garage with 2.5 spots. Great single story home so close to many things: Kalahari, Dell Diamond, Round Rock Outlet, and 2 HEB's within five miles. Quick and easy access to IH 35, Toll 45, and the 130 Toll.

Investor Tools

Property Icon
$393,120
Estimated Property Value
$282,744Estimated Mortgage Balance
$110,376Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,359 /month
Positive
Cash Flow Estimate:
$786 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,758
$393,120
2025
$80,000
$313,120
$393,120
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,758
$393,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$312,000
No
First
Jun 17, 2021
Jul 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,744
$110,376
28%
72%
$1,871/mo

Learn About the Market: Opportunity in Texas

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Explore

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: Round Rock

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1201 Rainbow Parke Dr | Property Details | No Agent List