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$871,000

NAL Estimated Property Value

16887 Rainbow Ridge Cir, Tyler, TX, 75707

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,050 Sq Ft
price_per_sqft$451.22 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Double Oven, Refrigerator, Other
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesBoat Slip, Rain Gutters, Lighting
Lot Size32,844 sqft

Building Information

Year Built1995
Roof Type105
Garage Spaces1

Land Information

APN1-81020-0000-00-012000
Lot Number12
SubdivisionRainbow Ridge
Land UseResidential
Legal DescriptionRAINBOW RIDGE LOT 12
Census Tract002102
Assessed Land Value$169,164
Assessed Improvement Value$278,309
Assessment Year2025

About this property

One of the best view on Lake Tyler East! Wake up to breathtaking sunrise views and enjoy the gentle breeze that flows across this stunning waterfront property. This renovated luxury log home offers the perfect blend of rustic charm and modern elegance, featuring 3 spacious bedrooms and 2.5 beautifully appointed baths in the main home. Step inside to find hand-scraped wood floors, a cozy potbelly stove, and gorgeous lake views from nearly every room. The gourmet kitchen is a chef’s dream with custom knotty alder cabinets, granite countertops, high-end appliances including an induction cooktop, double convection ovens, and two refrigerators. A large laundry room adds everyday convenience, while the wraparound porch invites you to relax and take in the serene setting from every angle. The property also features a temperature-controlled 2.5-bay garage, fully equipped with built-in cabinetry, work sink, and dual air compressor lines—a true handyman's dream. Above the garage, you'll find an additional 500 SF of luxury guest space with a private entrance and deck, 100-year-old heart pine floors, and a full bath. The impressive boathouse offers two boat bays for pontoon and ski or fishing boat, a PWC slip for 2, 1,853 SF under roof plus ample space for sunning, and a large storage room. With approximately 8 ft of water depth, it's the perfect setup for lake life. This rare property is truly one of a kind—offering unparalleled views, luxury finishes, and everything you need to enjoy the best of Lake Tyler East.

Investor Tools

Property Icon
$871,000
Estimated Property Value
$0Estimated Mortgage Balance
$871,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$812/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,387
$447,473
2025
$169,164
$278,309
$447,473
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,387
$447,473

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$871,000
100%
0%
$0/mo

City: Tyler

16887 Rainbow Ridge Cir | Property Details | No Agent List