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ActiveMLS #5740863

1485 Rainbow Parke DR, Round Rock TX 78665

Round Rock, TX 78665 · Rainbow Parke

Single Family Residence for sale in Rainbow Parke

3Bedrooms
2Bathrooms
1,744Square Ft
0.18Acres
2Garage
2006Year Built
Price Reduced
1 / 40
$300,000$350,000

Overview

Property Description

A single-story brick home offering 1,744 square feet on a 7,602 square foot lot in the established Rainbow Parke community on the east side of Round Rock. Built in 2006, the home lives all on one level with no stairs, three bedrooms, two full baths, central heat and air, and a two-car garage. The main living, dining, and kitchen areas stay open and connected, with the bedrooms set off to the side for quiet and separation. The secondary bedrooms are sized well for guests, a home office, a workout room, or a hobby space, and the two-car garage plus a full driveway leave plenty of room to park. Out back, the yard on a 7,602 square foot lot leaves space for a patio, a garden, or weekend projects, and the single-level layout means easy, step-free living from the driveway to the back door. Location is the quiet advantage. Rainbow Parke sits minutes from Old Settlers Park and the Dell Diamond, with quick access to US-79 and Interstate 35, and the SH-130 tollway a short drive east for a clear run toward the airport and greater Austin. Kalahari Resort, the Round Rock Premium Outlets, IKEA, HEB, and a long run of restaurants and everyday errands are all within a few minutes, and the area's major employers keep rental demand steady. It is a practical, low-maintenance single-story in one of the region's steadiest submarkets. The numbers work for an owner-occupant or an investor. Comparable homes in the area rent in the neighborhood of $2,000 a month, so it pencils as a straightforward buy-and-hold in a rental market with consistent demand, and the brick single-story construction keeps upkeep light for a long-term owner. Priced to sell in a corridor that keeps drawing steady relocation from across the Austin metro.

Financial Info
Price
$300,000
$ / Sqft
$172
HOA
Yes - Mandatory / $115 / Semi-Annually
HOA Name
Brookchase
Tax Rate
1.658%
Est. Taxes
$5,835.66
Tax Year
2026
Exemptions
Homestead
Legal Info
Address
1485 Rainbow Parke DR
County
Williamson
City
Round Rock
State
TX
Zip
78665
Subdivision
Rainbow Parke
Legal Description
S8693 - Rainbow Parke, Block C, Lot 38
Parcel
165047000C0038
Interior Features
Floor
Carpet, Tile
Num Living
1
Dining
2
Appliances
Dishwasher, Disposal, Gas Range, Microwave, Free-Standing Range, Refrigerator
Laundry
Laundry Room
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplace Description
Living Room
Interior Features
High Ceilings, In-Law Floorplan, Multiple Dining Areas, Primary Bedroom on Main, Walk-In Closet(s), Prewired, Smoke Detector(s), Double Pane Windows
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
2006 / Resale
Square Feet
1,744 / Public Records
Garages
2
Garage Desc
Attached, Door-Single, Garage Door Opener, Outside
Foundation
Slab
Roof
Composition
Construction
Brick Veneer, Frame
Acres
0.18
Lot Description
Sprinkler - In-ground, Trees-Small (Under 20 Ft)
Restrictions
Deed Restrictions
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
RRE
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Natural Gas Available
Heat
Central, Natural Gas
A C
Central Air
Exterior Features
Fence
Fenced, Wood
Exterior Features
No Exterior Steps, Covered, Patio
Pool On Property
No
Area Amenities
Curbs, Sidewalks

Price history

Days on market
−$50,000 (−14.3%)
$350,000 → $300,000
2
Price reductions
Active
Since Jul 28, 2026
Price trend
List priceJul 2026 → Nov 2026
Property history3 events
DateEventPriceChange
Nov 2, 2026Price Decrease$300,000−$25,000 (−7.7%)
Oct 24, 2026Price Decrease$325,000−$25,000 (−7.1%)
Jul 28, 2026New Listing

Taxes

General Information
Legal
S8693 - RAINBOW PARKE, BLOCK C, Lot 38
Geo ID
165047000C0038
Exemptions
Exemption Type
None on record
Taxing Units
Detail
Not provided by this county source
Tax Summary
MLS estimated annual taxes
$5,835.66
MLS tax year
2026
2026 Annual Tax Bill

Annual taxes billed are confirmed amounts from Williamson County’s tax records. These are billed charges, not taxes paid or the balance currently due. Exemptions and tax ceilings may prevent combined rate × taxable value from equaling the billed amount. Other collectors or assessments may not be included.

YearAppraised ValueCombined Rate per $100Annual Taxes Billed
2026$324,3341.913590$6,206.43

Source: Williamson County

Combined rates exclude PID placeholder rates. Amounts cover this collector only and may change after corrections. They do not predict a buyer’s future taxes. Any appraisal values shown come separately from CAD records.

County data checked Nov 1, 2026.

Source: Williamson County

Schools

School Info
District
Round Rock ISD
Elementary
Herrington
Middle
CPL Robert P Hernandez
High
Stony Point

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $300,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$2,253 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $2,253

Principal & interest
$1,517
Property taxes
$486
Homeowners insurance
$250

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$240,000$2,683$15,521$237,317
2$237,317$2,862$15,341$234,455
3$234,455$3,054$15,150$231,401
4$231,401$3,258$14,945$228,143
5$228,143$3,477$14,727$224,666
6$224,666$3,709$14,494$220,957
7$220,957$3,958$14,246$216,999
8$216,999$4,223$13,981$212,776
9$212,776$4,506$13,698$208,270
10$208,270$4,808$13,396$203,463
  • Year 1$237,317
    Principal paid
    $2,683
    Interest paid
    $15,521
    Starting balance
    $240,000
  • Year 2$234,455
    Principal paid
    $2,862
    Interest paid
    $15,341
    Starting balance
    $237,317
  • Year 3$231,401
    Principal paid
    $3,054
    Interest paid
    $15,150
    Starting balance
    $234,455
  • Year 4$228,143
    Principal paid
    $3,258
    Interest paid
    $14,945
    Starting balance
    $231,401
  • Year 5$224,666
    Principal paid
    $3,477
    Interest paid
    $14,727
    Starting balance
    $228,143
  • Year 6$220,957
    Principal paid
    $3,709
    Interest paid
    $14,494
    Starting balance
    $224,666
  • Year 7$216,999
    Principal paid
    $3,958
    Interest paid
    $14,246
    Starting balance
    $220,957
  • Year 8$212,776
    Principal paid
    $4,223
    Interest paid
    $13,981
    Starting balance
    $216,999
  • Year 9$208,270
    Principal paid
    $4,506
    Interest paid
    $13,698
    Starting balance
    $212,776
  • Year 10$203,463
    Principal paid
    $4,808
    Interest paid
    $13,396
    Starting balance
    $208,270
First 10 of 30 years

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Courtesy of Deal Smith Realty LLC · (512) 784-1945

Listings courtesy of ACTRIS as distributed by MLS GRID.