Seller's Agent in 2023
Jason Palos
JBGoodwin REALTORS NW
(512) 791-0945
2 in this area
18 Total Sales
1318 Rainbow Parke Dr Round Rock, TX 78665
Stony Point NeighborhoodEstimated Value: $344,434
4
Beds
2
Baths
1,987
Sq Ft
$173/Sq Ft
Est. Value
Highlights
- Multiple Living Areas
- 2 Car Attached Garage
- Recessed Lighting
- Covered Patio or Porch
- Walk-In Closet
- No Interior Steps
About This Home
As of November 2023INVESTORS ONLY!! Great cashflow property!!
**** Seller Provides 5000$ incentives upon closing for rate buydown/closing costs ****
Searching for a lucrative investment? Look no further!. This fantastic 1-story home nestled in the heart of Round Rock, Texas. The house is currently leased until 6/30/2024. Boasting an abundance of space for both relaxation and entertainment, this property offers a multitude of appealing features. Low Tax Rate makes it attractive for investors.
This property features a total of 4 bedrooms, offering versatility for various lifestyles.
Upon entering, you are greeted by a front formal living and dining room providing a cozy and inviting atmosphere, perfect for hosting friends and family. needs. The master bedroom is a true retreat, featuring double door access to the 3rd bedroom. This unique layout allows for multiple possibilities, including using the connecting room as an office, a private master suite, an exercise room, or even a 4th bedroom, depending on your preferences and requirements. The open floor plan enhances the flow of natural light throughout the living spaces, creating a welcoming and airy ambiance.
One of the standout characteristics of this residence is its updated flooring, which adds a touch of modern elegance to the home's interior. With easy-to-maintain and visually pleasing flooring, you'll enjoy both comfort and style in every room.
Location-wise, this home resides within the highly regarded Round Rock Independent School District, ensuring access to quality education for your family. Additionally, it is conveniently situated just minutes away from shopping centers, making errands a breeze. Easy access to I-35 and proximity to the Dell Diamond add further convenience, making this property an excellent choice for those seeking both comfort and practicality. It is conveniently located within 4 miles of ACC and Texas State University Round Rock Campus.
Last Agent to Sell the Property
JBGoodwin REALTORS NW Brokerage Phone: (512) 502-7800 License #0596343 Listed on: 09/08/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,018
Year Built
- Built in 2006
Lot Details
- 6,578 Sq Ft Lot
- West Facing Home
- Privacy Fence
- Fenced
- Level Lot
- Dense Growth Of Small Trees
- Property is in average condition
HOA Fees
- $10 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Composition Roof
- Masonry Siding
Interior Spaces
- 1,987 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Blinds
- Multiple Living Areas
- Dining Area
- Fire and Smoke Detector
Kitchen
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Schools
- Herrington Elementary School
- Cpl Robert P Hernandez Middle School
- Stony Point High School
Additional Features
- No Interior Steps
- Covered Patio or Porch
- Central Heating and Cooling System
Community Details
- Association fees include common area maintenance
- Rainbow Parke Association
- Rainbow Parke Subdivision
Listing and Financial Details
- Assessor Parcel Number 165047000E0023
- Tax Block E
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2023
Closed on
Nov 21, 2023
Sold by
Nagarajan Kumar
Bought by
Tx Ndk Investment Group Llc
Seller's Agent
Jason Palos
JBGoodwin REALTORS NW
Buyer's Agent
Mitra Jones
Realty Texas LLC
List Price
$380,000
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.83%
Purchase Details
Closed on
Aug 22, 2020
Sold by
Nagarajan Kumar and Balakrishnan Ambal S
Bought by
Nagarajan Kumar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,170
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 1, 2018
Closed on
Jun 14, 2018
Sold by
Nagarajan Kumar and Balakrishnan Ambal S
Bought by
Nagarajan Kumar and Balakrishnan Ambal S
Seller's Agent
Rosie Hayer
Rivet Real Estate
Buyer's Agent
Jay Warren
Berkshire Hathaway TX Realty
Purchase Details
Listed on
Jul 14, 2017
Closed on
Jul 14, 2017
Sold by
Vann Keegan and Vann Katelyn
Bought by
Balakrishnan Ambal S and Nagarajan Kumar
Seller's Agent
Rosie Hayer
Rivet Real Estate
Buyer's Agent
Luke Denton
All City Real Estate Ltd. Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Original Mortgage
$176,925
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 2015
Sold by
Lk Property Solutions Llc
Bought by
Vann Keegan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
3.68%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 22, 2013
Sold by
Watson Michael S and Watson Linda G
Bought by
Lk Property Solutions Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,624
Interest Rate
4.17%
Mortgage Type
Assumption
Purchase Details
Closed on
Mar 20, 2007
Sold by
Gehan Homes Ltd
Bought by
Watson Michael S and Watson Linda G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,624
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tx Ndk Investment Group Llc | -- | Austin Title Company | |
| Nagarajan Kumar | -- | None Available | |
| Nagarajan Kumar | -- | None Available | |
| Balakrishnan Ambal S | -- | Texas National Title | |
| Vann Keegan | -- | Gracy Title | |
| Lk Property Solutions Llc | -- | Itc | |
| Watson Michael S | -- | Independence Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nagarajan Kumar | $164,170 | |
| Previous Owner | Balakrishnan Ambal S | $176,925 | |
| Previous Owner | Vann Keegan | $143,100 | |
| Previous Owner | Lk Property Solutions Llc | $136,624 | |
| Previous Owner | Watson Michael S | $136,624 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2023 11/21/23 | Sold | -- | -- | -- | |
| 11/07/2023 11/07/23 | Off Market | -- | -- | -- | |
| 11/07/2023 11/07/23 | Pending | -- | -- | -- | |
| 10/13/2023 10/13/23 | For Sale | $380,000 | 0.0% | $191 / Sq Ft | |
| 09/22/2023 09/22/23 | Off Market | -- | -- | -- | |
| 09/08/2023 09/08/23 | Price Changed | $380,000 | -1.3% | $191 / Sq Ft | |
| 09/08/2023 09/08/23 | For Sale | $385,000 | 0.0% | $194 / Sq Ft | |
| 06/14/2018 06/14/18 | Rented | $1,650 | -2.9% | -- | |
| 06/01/2018 06/01/18 | For Rent | $1,700 | +3.0% | -- | |
| 07/26/2017 07/26/17 | Rented | $1,650 | 0.0% | -- | |
| 07/26/2017 07/26/17 | Under Contract | -- | -- | -- | |
| 07/14/2017 07/14/17 | Sold | -- | -- | -- | View Prior Sale |
| 07/14/2017 07/14/17 | For Rent | $1,650 | 0.0% | -- | |
| 06/12/2017 06/12/17 | Pending | -- | -- | -- | |
| 06/08/2017 06/08/17 | For Sale | $235,900 | -- | $119 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,018 | $367,068 | $80,000 | $287,068 |
| 2024 | $6,018 | $339,736 | $80,000 | $259,736 |
| 2023 | $6,134 | $349,712 | $80,000 | $269,712 |
| 2022 | $7,877 | $415,357 | $80,000 | $335,357 |
| 2021 | $6,321 | $281,610 | $60,000 | $221,610 |
| 2020 | $5,193 | $230,051 | $55,181 | $174,870 |
| 2019 | $5,422 | $234,867 | $52,900 | $181,967 |
| 2018 | $5,212 | $225,745 | $46,973 | $178,772 |
| 2017 | $4,863 | $206,417 | $43,900 | $162,517 |
| 2016 | $4,619 | $196,074 | $43,900 | $152,174 |
| 2015 | $3,977 | $184,754 | $37,100 | $147,654 |
| 2014 | $3,977 | $169,012 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Palos
-
Kumar Nagarajan
K
Seller Co-Listing Agent in 2023
Kumar Nagarajan
JBGoodwin REALTORS NW
(737) 471-5422
2 in this area
4 Total Sales
-
Mitra Jones
M
Buyer's Agent in 2023
Mitra Jones
Realty Texas LLC
(512) 569-0298
4 in this area
11 Total Sales
-
Rosie Hayer
Seller's Agent in 2018
Rosie Hayer
Rivet Real Estate
(512) 843-3374
3 in this area
121 Total Sales
-
J
Buyer's Agent in 2018
Jay Warren
Berkshire Hathaway TX Realty
-
Craig Hecht
C
Seller's Agent in 2017
Craig Hecht
Hecht Real Estate Group
(512) 203-9976
37 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 7238870
APN: R458613
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