Seller's Agent in 2025
Shannon Runyan
Kile Properties
(972) 977-1674
7 in this area
104 Total Sales
Last list price
14048 Rainbow Dr Forney, TX 75126
4
Beds
3
Baths
2,289
Sq Ft
1
Acres
Highlights
- 1 Acre Lot
- Walk-In Closet
- 1-Story Property
- Eat-In Kitchen
- Laundry in Utility Room
- Central Heating and Cooling System
About This Home
As of April 2025Selling As-Is! This property offers a fantastic opportunity for buyers seeking space and flexibility! Situated just outside Forney city limits on approximately one acre with no HOA, this 4-bedroom, 3-bathroom home is ready for your personal touch. Spacious living area with a cozy wood-burning fireplace. Ceramic tile and laminate wood floors throughout – no carpet! Generous bedrooms with walk-in closets. Primary suite boasts dual walk-in closets, a garden tub, and a separate shower. Oversized utility room conveniently located off the kitchen. Garage conversion provides a large 4th bedroom with a full bathroom. Recent updates: HVAC (4 years old), brand-new outdoor unit (2024), and stainless steel dishwasher & oven (2024).
Last Agent to Sell the Property
Kile Properties Brokerage Phone: 469-728-7207 License #0605861 Listed on: 02/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,949
Year Built
- Built in 1985
Lot Details
- 1 Acre Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2,289 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
Kitchen
- Eat-In Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry in Utility Room
- Full Size Washer or Dryer
- Washer and Electric Dryer Hookup
Parking
- No Garage
- Driveway
Schools
- Crosby Elementary School
- Jackson Middle School
- Rhodes Middle School
- North Forney High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
- High Speed Internet
Community Details
- Brookhollow Estates Subdivision
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 19590
- $7,249 per year unexempt tax
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2025
Closed on
Apr 10, 2025
Sold by
Alvarez Kali Asha and Alvarez Benjamin
Bought by
Martinez Alma and Martinez Eric
Seller's Agent
Shannon Runyan
Kile Properties
Buyer's Agent
Katie Ryan
eXp Realty, LLC
List Price
$350,000
Views
90
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
7.72%
Original Mortgage
$297,500
Outstanding Balance
$296,709
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$61,187
Purchase Details
Closed on
Aug 5, 2014
Sold by
Hubbard Jesse M and Hubbard Mildred J
Bought by
Alvarez Kali Asha and Alvarez Benjamin A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,659
Interest Rate
4.12%
Mortgage Type
FHA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Money Law & Title | |
| Deed | -- | Money Law & Title | |
| Vendors Lien | -- | Allegiance Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $297,500 | New Conventional | |
| Closed | $297,500 | New Conventional | |
| Previous Owner | $175,659 | FHA | |
| Previous Owner | $148,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | -- | -- | -- |
| 03/04/2025 03/04/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | For Sale | $350,000 | -- | $153 / Sq Ft |
Source: North Texas Real Estate Information Systems (NTREIS)
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 | $5,949 | $454,179 | $120,000 | $334,179 |
| 2024 | $5,949 | $414,315 | -- | -- |
| 2023 | $5,262 | $376,650 | $0 | $0 |
| 2022 | $6,183 | $342,409 | $0 | $0 |
| 2021 | $5,944 | $364,038 | $60,000 | $304,038 |
| 2020 | $5,404 | $319,480 | $60,000 | $259,480 |
| 2019 | $5,553 | $283,740 | $60,000 | $223,740 |
| 2018 | $5,049 | $233,870 | $25,800 | $208,070 |
| 2017 | $4,779 | $224,300 | $25,800 | $198,500 |
| 2016 | $4,519 | $209,320 | $25,800 | $183,520 |
| 2015 | $2,519 | $182,970 | $25,800 | $157,170 |
| 2014 | $2,519 | $139,350 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Buyer's Agent in 2025
Katie Ryan
eXp Realty, LLC
(817) 909-3245
2 in this area
13 Total Sales
Map
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20856563
APN: 19590
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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