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$422,000

NAL Estimated Property Value

3305 N Fm 200, Rainbow, TX, 76077

$548,600 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.22 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringCeramic Tile

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Lighting
Lot Size34,848 sqft

Building Information

Year Built2000

Land Information

APNR000011458
Land UseResidential
Legal DescriptionACRES: 0.800 TRACT: 49-1 ABST: A135 A135 MILAM CO SCH LD TRACT 49-1 ACRES .80
Census Tract000101
Assessed Land Value$40,000
Assessed Improvement Value$356,410
Assessment Year2025

About this property

Cute, cute home on .8 acre in Rainbow just outside of Glen Rose! This 3 bedroom-2 bath home was built in 2000, tastefully remodeled in 2019, and in 2022 received a new roof and HVAC system. Enter front of home through a screened porch and into the living room with an efficient, wood-burning corner fireplace with rock hearth. Adjacent in this open living arrangement are the dining area & kitchen. Kitchen amenities include a lighted china cabinet with frosted glass doors, a peg system organizer in drawers, drawer for double trash cans, lighted area in hard to see corner cabinet, walkin pantry, double oven, lots of work space and no maintenance cesar stone counter tops. The primary bedroom features a stylish shiplap accent wall, two closets, and a barn door leading to the ensuite bath which features a great soaking tub, a vanity with sink and a seated dressing vanity. The bedrooms are split and provide more privacy for all three bedrooms, the second bath with a very nice walk-in shower, and hall closet. The utility room is set off with an attractive barn door. The second living area (family room) has lots of windows, measures 23x20 and is perfect for entertaing the larger crowds. Or curl up in your favorite chair for a little R&R or privacy! There are two outdoor living areas for your pleasure! The back area is covered and more secluded, while the front is open and welcomes visitors! There are also a 2-car carport and a detached barn. The back yard is fenced, and the scattered trees provide welcome shade in the summer. A water well serves this home, but the SCWD water system is also available if desired. And it's located in the acclaimed Glen Rose ISD! Need more land? Ask about additional acreage.

Investor Tools

Property Icon
$422,000
Estimated Property Value
$448,588Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$548,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,532 /month
Positive
Cash Flow Estimate:
$844 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$448/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,262
$396,410
2025
$40,000
$356,410
$396,410
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,262
$396,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$453,204
Yes
First
Oct 3, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$448,588
N/A
0%
106%
$2,718/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: Rainbow

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3305 N Fm 200 | Property Details | No Agent List