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$148,888
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Property Description
Fantastic opportunity to own a spacious 2-bedroom, 2-bath condo in a gated Arlington community near the Entertainment District. This well-designed second-floor unit offers over 1,000 square feet and a functional layout that is hard to find at this price point. The light-filled living area features a cozy wood-burning fireplace and opens to a private balcony accessible from both the kitchen and the primary bedroom. Wood-look flooring and fresh paint create a clean, comfortable feel throughout. The split-bedroom arrangement provides privacy and flexibility for guests, roommates, or a home office. Refrigerator, washer, and dryer convey, making this a convenient move-in-ready option. Residents enjoy access to multiple community amenities including swimming pools, tennis and racquetball courts, clubhouse, fitness center, sauna, and beautifully maintained grounds. Ideally located just minutes from AT&T Stadium, Globe Life Field, Texas Live!, Six Flags, shopping, dining, major highways, and DFW Airport. A great option for buyers seeking low-maintenance living, value, and a central Arlington location
Full Property Details
Full Property Details for 2109 Rainbow Dr #4420
General
- Price: $148,888
- HOA FEE: $477/month
- Taxes: $4,048
- Status: Active
- Type: Condo
- Source: NTREIS
- MLS ID: 21195981
- Updated: 3/27/2026
- Added to Site: 57 day(s) ago
Interior
- Interior Features: Built-in Features, Eat-in Kitchen, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Masonry, Wood Burning
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool
- Security/Safety: Security Gate, Gated Community, Smoke Detector(s)
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Assigned, Common, Concrete, No Garage, On Site, Open, Parking Lot
Location
- County: Tarrant
- Subdivision: Cloisters Condo The
- Driving Directions: From I-30, take Collins north, right on Lamar, left on Cloisters. Enter the gate code provided by Broker Bay to access the condo complex. Follow Cloisters to dead end, right at Harwell, right on Rainbow to Building 2109 on the right at the back of the complex.
School Information
- Elem School District: Arlington ISD
- Midd School District: Arlington ISD
- High School District: Arlington ISD
- Elementary School: Peach
- High School: Lamar
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Guardian
- Assoc. Fees Include: All Facilities, Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric, Fireplace(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Sewer Available, Underground Utilities, Water Available
Structural Information
- Architectural Style: Traditional
- Detached/Attached: Attached
- Construction: Brick, Stucco
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,025 Sq. Ft.
- Year Built: 1983
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,613.6
- Lot Size Source: Assessor
- Lot Features: Interior Lot, Few Trees
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $477
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,048
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: CLOISTERS CONDOMINIUMS, THE BLOCK UU LOT 4420
- Property ID: 5023807
- Block: UU
- Lot Number: 4420
Listed by eXp Realty LLC, Tamra Holden
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Schools
Schools serving 2109 Rainbow Dr #4420
School District:Arlington Independent School District
| Name | Grades | Distance |
|---|---|---|
Peach El 2020 Baird Farm Road, Arlington, TX 76006 | K-6 | 0.3 mi |
Nichols J High School 2201 Ascension Boulevard, Arlington, TX 76006 | 7-8 | 0.5 mi |
Lamar High School 1400 West Lamar Boulevard, Arlington, TX 76012 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2109 Rainbow Dr #4420
Date
Details
Price
Change
Source
3/27/2026
Price Reduced
$148,888
-4.56%
MLS
3/03/2026
Listed
$156,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2109 Rainbow Dr #4420
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,048
3%
$185,193
—
2023
$3,939
—
$185,193
4%
2023
$3,939
6%
$178,526
19%
2022
$3,723
13%
$149,710
16%
2021
$3,298
9%
$128,635
11%
2020
$3,014
16%
$116,000
16%
2018
$2,594
13%
$99,842
14%
2017
$2,301
14%
$87,918
16%
2016
$2,018
9%
$75,822
11%
2015
$1,854
-36%
$68,600
-41%
2019
$2,913
61%
$116,000
69%
2014
$1,809
2%
$68,600
—
2013
$1,771
—
$68,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2109 Rainbow Dr #4420
2109 Rainbow Drive #4420, Arlington, TX 76011 (MLS# 21195981) is a Condo property with 2 bedrooms and 2 full bathrooms. 2109 Rainbow Drive #4420 is currently listed for $148,888 and was received on March 03, 2026. Want to learn more about 2109 Rainbow Drive #4420? Do you have questions about finding other Condo real estate for sale in Arlington? You can browse all Arlington real estate or contact a Coldwell Banker agent to request more information.

