
1603 Rainbow Dr Richardson, TX 75081
Berkner Park NeighborhoodEstimated payment $3,084/month
Highlights
- Pool and Spa
- Granite Countertops
- 2 Car Attached Garage
- Traditional Architecture
- Double Oven
- Wet Bar
About This Home
Welcome to your Charming and Spacious Home in the Heart of Richardson in the Coveted University Estates Subdivision. Upon entry, you will be welcomed by the large living room which features a vaulted ceiling with a wood beam, a cozy brick fireplace, and a secluded wet bar. The dining room allows ample space for family gatherings that are open to the living room. The kitchen features granite countertops, double oven, and a large walk in pantry. The large primary suite has plenty of room and features a renovated bathroom with modern finishes and design scheme. The backyard oasis features a sparkling pool and spa that provide a wonderful retreat for family and friends. The entire family will enjoy the local restaurants, shopping, entertainment, and easy access to PGBT, 75, and 635.
Listing Agent
Coldwell Banker Apex, REALTORS Brokerage Phone: 972-768-7939 License #0705919 Listed on: 08/05/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,939
Year Built
- Built in 1978
Lot Details
- 8,756 Sq Ft Lot
- Wood Fence
- Sprinkler System
- Few Trees
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
- Electric Gate
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,298 Sq Ft Home
- 1-Story Property
- Wet Bar
- Ceiling Fan
- Wood Burning Fireplace
- Gas Fireplace
- Washer and Electric Dryer Hookup
Kitchen
- Double Oven
- Electric Oven
- Electric Cooktop
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Parquet
- Carpet
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Pool
- Pool and Spa
- In Ground Pool
- Gunite Pool
- Pool Sweep
Outdoor Features
- Rain Gutters
Schools
- Dartmouth Elementary School
- Berkner High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- High Speed Internet
- Cable TV Available
Community Details
- University Estates Subdivision
Listing and Financial Details
- Legal Lot and Block 29 / 3
- Assessor Parcel Number 42255550030290000
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,174 | $409,960 | $90,000 | $319,960 |
2024 | $6,174 | $409,960 | $90,000 | $319,960 |
2023 | $6,174 | $409,960 | $90,000 | $319,960 |
2022 | $8,564 | $350,220 | $90,000 | $260,220 |
2021 | $7,306 | $278,570 | $65,000 | $213,570 |
2020 | $7,022 | $263,010 | $55,000 | $208,010 |
2019 | $7,369 | $263,010 | $55,000 | $208,010 |
2018 | $6,256 | $234,130 | $55,000 | $179,130 |
2017 | $5,294 | $198,300 | $45,000 | $153,300 |
2016 | $5,294 | $198,300 | $45,000 | $153,300 |
2015 | $4,263 | $173,860 | $35,000 | $138,860 |
2014 | $4,263 | $161,550 | $30,000 | $131,550 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/05/2025 08/05/25 | For Sale | $430,000 | -- | $187 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Vendors Lien | -- | Rtt | |
Warranty Deed | -- | -- | |
Warranty Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $196,500 | Credit Line Revolving | |
Closed | $65,873 | Future Advance Clause Open End Mortgage | |
Closed | $160,000 | New Conventional | |
Closed | $163,970 | FHA | |
Previous Owner | $99,999 | Credit Line Revolving | |
Previous Owner | $90,000 | Credit Line Revolving | |
Previous Owner | $51,200 | No Value Available |
Similar Homes in Richardson, TX
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21023099

APN: 42255550030290000
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