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$233,000

NAL Estimated Property Value

5523 Rainbow Rd, Baytown, TX, 77523

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,392 Sq Ft
price_per_sqft$175.22 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Exterior FeaturesSide Yard
Lot Size8,407 sqft

Building Information

Garage Spaces2

Land Information

APN35220-00306-00700-000800
Lot Number8
SubdivisionJosephs Cove
Land UseResidential
Legal DescriptionLOT 8 BK 7 JOSEPHS COVE SEC 3
Census Tract710202
Assessed Land Value$27,900
Assessed Improvement Value$200,980
Assessment Year2025

About this property

Charming Semi Corner-Lot Gem with Curb Appeal. Welcome to this beautifully maintained one-story home nestled on a spacious corner lot, offering extra yard space! From the moment you arrive, you’ll notice the pride of ownership that shines through every detail. Step inside to discover—bright, airy layout perfect for both relaxing and entertaining. Home features a neutral color palette throughout, ready for your personal style. The kitchen, open to dining is a showstopper, boasting granite countertops and ample space to cook and gather. The large primary suite includes a spacious en-suite bathroom, offering a serene retreat after a long day. Enjoy your time under the pergola-covered patio, perfect for lounging in the shade. Refrigerator, washer, and dryer are all included—move-in ready from day one! Located just mins from Hwy 1409, I-10, schools, shopping, and dining. This one is truly a must-see. Schedule your showing today and come fall in love!

Investor Tools

Property Icon
$233,000
Estimated Property Value
$229,994Estimated Mortgage Balance
$233,000Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,463 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$162/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$777
$228,880
2025
$27,900
$200,980
$228,880
No

Tax History

Year
Tax Paid
Assessed Value
2023
$777
$228,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Fha
$232,707
Yes
First
Sep 18, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,994
$4,006
1%
99%
$1,396/mo

City: Baytown

5523 Rainbow Rd | Property Details | No Agent List