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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
1 / 40
$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
$350,000
$ / Sqft
$201
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

Members only
Days on market
$350,000
List price
0
Price reductions
Active
Since Jul 28, 2026
Property history1 event
DateEventPriceChange
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
Appraisal Values
YearLandImprovementsMarketAssessed
2026$77,000$247,334$324,334$324,334

Disclaimer: Tax data provided by Williamson Central Appraisal District (2026 Williamson CAD Property export).

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 $350,000
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

$2,548 / mo

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

Estimated monthly payment $2,548

Principal & interest
$1,770
Property taxes
$486
Homeowners insurance
$292

*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$280,000$3,130$18,108$276,870
2$276,870$3,339$17,898$273,531
3$273,531$3,563$17,675$269,968
4$269,968$3,801$17,436$266,167
5$266,167$4,056$17,181$262,111
6$262,111$4,328$16,910$257,783
7$257,783$4,618$16,620$253,165
8$253,165$4,927$16,311$248,239
9$248,239$5,257$15,981$242,982
10$242,982$5,609$15,629$237,373
  • Year 1$276,870
    Principal paid
    $3,130
    Interest paid
    $18,108
    Starting balance
    $280,000
  • Year 2$273,531
    Principal paid
    $3,339
    Interest paid
    $17,898
    Starting balance
    $276,870
  • Year 3$269,968
    Principal paid
    $3,563
    Interest paid
    $17,675
    Starting balance
    $273,531
  • Year 4$266,167
    Principal paid
    $3,801
    Interest paid
    $17,436
    Starting balance
    $269,968
  • Year 5$262,111
    Principal paid
    $4,056
    Interest paid
    $17,181
    Starting balance
    $266,167
  • Year 6$257,783
    Principal paid
    $4,328
    Interest paid
    $16,910
    Starting balance
    $262,111
  • Year 7$253,165
    Principal paid
    $4,618
    Interest paid
    $16,620
    Starting balance
    $257,783
  • Year 8$248,239
    Principal paid
    $4,927
    Interest paid
    $16,311
    Starting balance
    $253,165
  • Year 9$242,982
    Principal paid
    $5,257
    Interest paid
    $15,981
    Starting balance
    $248,239
  • Year 10$237,373
    Principal paid
    $5,609
    Interest paid
    $15,629
    Starting balance
    $242,982
First 10 of 30 years

Nearby

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

Listings courtesy of ACTRIS as distributed by MLS GRID.