




$1,697,000
1603 Rainbow St, Southlake, TX, 76092
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About this property
AN OFFER HAS BEEN VERBALLY ACCEPTED. Worthing is a special executive neighborhood tucked between Cambridge Place & Versailles, no HOA, and walking distance to Old Union Elementary. It's a short hop to Southlake Town Square & HWY 114. This beautiful custom home sits on over half an acre with a very private & spacious backyard complete with pool, spa, builtin grill area & sport court! Inside there is a temp-controlled wine cellar for the wine enthusiast, formal dining & living, 3 fireplaces, a fantastic kitchen with commercial grade Viking range, large kitchen island with two dishwashers & a generously sized walk in pantry, with a 2nd smaller office behind the breakfast nook area. Master and guest bedrooms down, 3 bedrooms up, plus a full media room and bonus game room. This home will not disappoint! Such a fantastic location, with a brand new circular drive, 4 car garage and double wrought iron doors, this home won't last long.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Southlake
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