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$350,000
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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.
Full Property Details
Full Property Details for 1485 Rainbow Parke Dr
General
- Price: $350,000
- HOA FEE: $19/month
- HOA FEE FREQ.: Semi-Annually
- Taxes: $5,835 (2026)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 5740863
- Updated: 7/30/2026
- Added to Site: 56 day(s) ago
Interior
- Interior Features: Separate/Formal Dining Room, High Ceilings, In-Law Floorplan, Multiple Dining Areas, Main Level Primary, Walk-In Closet(s)
- Fireplace(s): Living Room
- Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Microwave, Refrigerator
- Flooring: Carpet, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Curbs, Sidewalks
- Spa Description: None
- Security/Safety: Prewired, Smoke Detector(s)
Exterior
- Exterior Features: No Exterior Steps
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 2
- Parking Features: Attached, Door-Single, Garage, Garage Door Opener, Outside
Location
- Area: RRE
- County: Williamson
- Subdivision: Rainbow Parke
- Driving Directions: Hwy 79 to north on CR122, L Mickey Mantle, L Rainbow Parke
- Direction Faces: West
School Information
- Elem School District: Round Rock ISD
- Midd School District: Round Rock ISD
- High School District: Round Rock ISD
- Elementary School: Herrington
- Middle School: CPL Robert P Hernandez
- High School: Stony Point
Community
- Association: Yes
- Assoc. Name: Brookchase
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick Veneer, Frame
- Roof: Composition
- Windows: Double Pane Windows
- Stories/Levels: 1
- Square Feet: 1,744
- Sq. Ft. Source: Public Records
- Living Area: 1,744 Sq. Ft.
- Year Built: 2006
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.175
- Lot Size (Sq. Ft.): 7,623
- Sidewalks: Yes
- Fence: Yes
- Lot Features: Sprinklers In Ground, Trees Small Size
- Fencing (Description): Fenced, Wood
Financial Considerations
- Association Fee: $115
- Assoc Fee Freq.: Semi-Annually
- Assessment Amount: $351,877
- Tax Amount: $5,835.66
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Survey
- Legal Description: S8693 - Rainbow Parke, Block C, Lot 38
- Disclosures/Reports: Seller Disclosure
- Property ID: 165047000C0038
- Block: C
- Lot Number: 38
Listed by Deal Smith Realty LLC
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Schools
Schools serving 1485 Rainbow Parke Dr
School District:Round Rock Independent School District
| Name | Grades | Distance |
|---|---|---|
Pfc Robert P Hernandez Middle School 1901 Sunrise Road, Round Rock, TX 78664 | 6-8 | 3.1 mi |
Stony Point High School 1801 Tiger Trail, Round Rock, TX 78664 | 9-12 | 2.8 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 1485 Rainbow Parke Dr
Date
Details
Price
Change
Source
7/28/2026
Listed
$350,000
—
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 1485 Rainbow Parke Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,331
8%
$324,334
-3%
2023
$5,881
-25%
$335,296
24%
2022
$7,794
38%
$270,389
—
2021
$5,661
14%
$270,389
22%
2020
$4,967
-1%
$221,267
-4%
2020
$4,995
—
$230,159
6%
2018
$5,004
10%
$216,770
11%
2017
$4,548
4%
$195,872
5%
2016
$4,387
7%
$186,202
6%
2015
$4,115
15%
$175,175
9%
2013
$3,583
—
$160,124
7%
2013
$3,583
—
$149,850
—
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 1485 Rainbow Parke Dr
1485 Rainbow Parke Drive, Round Rock, TX 78665 (MLS# 5740863) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1485 Rainbow Parke Drive is currently listed for $350,000 and was received on July 28, 2026. Want to learn more about 1485 Rainbow Parke Drive? Do you have questions about finding other Single Family real estate for sale in Round Rock? You can browse all Round Rock real estate or contact a Coldwell Banker agent to request more information.

