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Days270Days on Market
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$2,400

7703 Rainbow Close Lane, Houston, TX, 77055

On MarketInfo
LeaseInfo
Beds3 Beds
Baths3 Bath
Baths1,589 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.51 / sqft
Year BuiltBuilt in 2021

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Instant Hot Water, Dryer, Refrigerator, Washer
FlooringVinyl

Exterior

Lot Size2,043 sqft

Building Information

Year Built2020
Garage Spaces1

Land Information

APN1410150010001
Lot Number1
Land UseResidential
Legal DescriptionLT 1 BLK 1 COLINA HOMES ON JACQUELYN DRIVE
Census Tract520302
Assessed Land Value$170,374
Assessed Improvement Value$145,926
Assessment Year2025

About this property

LUXURY TOWNHOME w/ NO SHARED WALLS!!! Gated Community w/ a PRIME LOCATION; 5 mins to I-10 & 10 mins to Beltway 8! OPEN CONCEPT! 8’ Doors at 1st Floor, Spacious Kitchen with 42” Modern Grey Cabinets + Luxury Quartz Countertops + Modern 3D Subway Tile Backsplash + Stainless "Farmhouse" Single-Bowl Sink + Stainless Frigidaire Dishwasher, Vented Microwave & 5-BURNER GAS RANGE + SS Refrigerator! Wood-like Flooring throughout (NO CARPET)!. Extra-Large Master Suite that boasts a HUGE walk-in Closet, 36" Cabinets w/ Double Sinks + Luxury Quartz + Large soaking Garden Tub with Arm Rests & Sep. Shower w/ DOUBLE SHOWER HEADS & Shampoo Ledge! Luxury Quartz at Bath 2! Smart-Home Package! Washer & Elec. Dryer, 2” Faux Wood Blinds, Garage Door Opener, 16 SEER Lenox Air System, In-Wall Pest Defense System & much more!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$454/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,863
$316,300
2025
$170,374
$145,926
$316,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,863
$316,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J S C Federal Credit Union
Conventional
$281,300
No
First
Mar 26, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,081
$36,219
11%
89%
$1,687/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,687/mo
+$35/mo
6.5%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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7703 Rainbow Close Lane | Property Details | No Agent List