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$565,000
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Property Description
2% CONCESSION WITH PREFERRED LENDER! BRAND NEW FLOORING & NO POPCORN CEILINGS! Pride of ownership shines in this beautifully maintained, move-in-ready home located in the heart of Richardson. Thoughtfully updated and full of charm, this spacious residence offers 4 bedrooms and 3 full bathrooms with a functional layout designed for both everyday living and entertaining. The remodeled kitchen is a true centerpiece, bright and inviting with abundant cabinetry, modern appliances, double ovens, a sleek electric cooktop, and a built-in coffee bar perfect for slow mornings or hosting guests. Fresh interior paint, updated lighting and hardware, and smooth ceilings throughout create a clean, modern feel. Enjoy entertaining year-round in the sun-filled game room that opens directly to your private backyard oasis. Outside, a sparkling pool, lush landscaping, and newly stained privacy fence create a tranquil retreat ideal for summer gatherings or quiet evenings at home. Additional recent updates include a renovated hall bathroom with new tile and fixtures, a new roof (2024), new sprinkler system, and premier landscaping. Ideally situated just minutes from top-rated Richardson ISD schools, neighborhood parks, dining, and shopping, this home offers exceptional convenience. Located approximately 15 minutes from Downtown Dallas and a short drive to Plano, Allen, Firewheel, and McKinney, with easy access to major highways, this location perfectly balances suburban comfort with city accessibility. This is a well-loved home in a highly desirable area, is ready for its next chapter.
Full Property Details
Full Property Details for 1114 Rainbow Dr
General
- Price: $565,000
- Taxes: $9,093
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21153726
- Updated: 3/20/2026
- Added to Site: 80 day(s) ago
Interior
- Interior Features: Built-in Features, Chandelier, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Paneling/Wainscoting, Natural Woodwork
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Log, Gas Starter, Masonry
- Appliances: Double Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
- Flooring: Ceramic Tile, Engineered Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Pool: Yes
- Private Pool: Yes
- Pool Description: Gunite, Heated, In Ground, Pool, Private, Pool/Spa Combo
- Security/Safety: Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Covered, Driveway, Garage, Garage Faces Rear
Location
- County: Dallas
- Subdivision: College Park East
- Driving Directions: Please Use GPS
School Information
- Elem School District: Richardson ISD
- Midd School District: Richardson ISD
- High School District: Richardson ISD
- Elementary School: Harben
- High School: Berkner
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Ranch, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 2,705 Sq. Ft.
- Year Built: 1980
Lot Features
- Lot Size (Acres): 0.215
- Lot Size (Sq. Ft.): 9,365.4
- Lot Features: Interior Lot, Sprinkler System
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $9,093
Disclosures and Reports
- Legal Description: COLLEGE PARK EAST BLK F LOT 8
- Property ID: 42047700060080000
- Block: F
- Lot Number: 8
Listed by The Agency Frisco, Ashley Sykes
Get Pre-Approved Today
Schools
Schools serving 1114 Rainbow Dr
School District:Richardson Independent School District
| Name | Grades | Distance |
|---|---|---|
Jess Harben Elementary School 600 South Glenville Drive, Richardson, TX 75081 | PK-6 | 0.2 mi |
Liberty J High School 10330 Lawler Road, Dallas, TX 75243 | 7-8 | 1.2 mi |
Berkner High School 1600 East Spring Valley Road, Richardson, TX 75081 | 9-12 | 0.9 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 1114 Rainbow Dr
Date
Details
Price
Change
Source
3/07/2026
Price Reduced
$565,000
-1.72%
MLS
2/27/2026
Price Reduced
$574,900
-0.88%
MLS
2/18/2026
Price Reduced
$580,000
-0.85%
MLS
1/19/2026
Listed
$585,000
—
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 1114 Rainbow Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,616
-3%
$471,120
13%
2024
$6,824
12%
$417,000
—
2023
$6,100
-8%
$417,000
28%
2022
$6,650
-7%
$325,000
3%
2021
$7,130
6%
$316,820
8%
2020
$6,714
-19%
$294,220
—
2018
$8,243
19%
$294,220
13%
2017
$6,955
3%
$260,290
3%
2016
$6,723
-15%
$251,820
-14%
2019
$7,915
38%
$294,220
35%
2015
$5,751
—
$218,000
—
2014
$5,731
18%
$218,000
17%
2013
$4,871
—
$186,000
—
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 1114 Rainbow Dr
1114 Rainbow Drive, Richardson, TX 75081 (MLS# 21153726) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1114 Rainbow Drive is currently listed for $565,000 and was received on January 19, 2026. Want to learn more about 1114 Rainbow Drive? Do you have questions about finding other Single Family real estate for sale in Richardson? You can browse all Richardson real estate or contact a Coldwell Banker agent to request more information.

