1485 Rainbow Parke DR, Round Rock TX 78665
Round Rock, TX 78665 · Rainbow Parke
Single Family Residence for sale in Rainbow Parke
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
| Date | Event | Price | Change |
|---|---|---|---|
| Nov 2, 2026 | Price Decrease | $300,000−$25,000 (−7.7%) | −$25,000 (−7.7%) |
| Oct 24, 2026 | Price Decrease | $325,000−$25,000 (−7.1%) | −$25,000 (−7.1%) |
| Jul 28, 2026 | New Listing | — |
Taxes
- Legal
- S8693 - RAINBOW PARKE, BLOCK C, Lot 38
- Geo ID
- 165047000C0038
- Exemption Type
- None on record
- Detail
- Not provided by this county source
- MLS estimated annual taxes
- $5,835.66
- MLS tax year
- 2026
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.
| Year | Appraised Value | Combined Rate per $100 | Annual Taxes Billed |
|---|---|---|---|
| 2026 | $324,334 | 1.913590 | $6,206.43 |
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
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.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal 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
Nearby
12 closest listings to 1485 Rainbow Parke DR, Round Rock TX 78665 (within 2 miles).



Courtesy of Deal Smith Realty LLC · (512) 784-1945
Listings courtesy of ACTRIS as distributed by MLS GRID.








