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$409,094

NAL Estimated Property Value

1470 Rainbow Parke Dr, Round Rock, TX, 78665

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.76 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone

Building Information

Year Built2006
Stories2
Garage Spaces1

Land Information

APNR-16-5047-000D-0005
Lot Number5
SubdivisionRainbow Parke
Land UseResidential
Legal DescriptionS8693 - RAINBOW PARKE, BLOCK D, LOT 5
Census Tract021511
Assessed Land Value$80,000
Assessed Improvement Value$329,094
Assessment Year2025

About this property

Beautiful home in the desirable 78665! Brightly lit & seamless floor plan offers tons of flexible living space with neutral colors throughout. Open living area is filled with natural light & great for entertaining. Over-sized master suite & luxurious bath. Large upstairs bonus/game room, 1st floor study, & over-sized secondary bedrooms! Well-sized backyard offers endless possibilities to make it your own! Located near Dell, shopping, highways, Old Settlers Park, and coming soon Kalahari.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$409,094
Estimated Property Value
$242,531Estimated Mortgage Balance
$166,563Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,455 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$657/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,841
$409,094
2025
$80,000
$329,094
$409,094
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,841
$409,094

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Fha
$276,400
Yes
First
Feb 14, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,531
$182,469
42%
59%
$1,658/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.

Explore Texas Explore This Area
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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1470 Rainbow Parke Dr | Property Details | No Agent List