5003 Rainbow Rd Midland, TX 79707
Wydewood NeighborhoodEstimated payment $1,638/month
Highlights
- Hot Property
- Shades
- Brick Veneer
- No HOA
- 2 Car Attached Garage
- Laundry in Utility Room
About This Home
Picture-perfect and impeccably maintained, this 3 bed, 2 bath home offers a front-facing kitchen with stainless appliances and a bright breakfast area. The open, inviting living space is ideal for everyday comfort and entertaining. A flexible bonus area works perfectly as a home office, sitting room, or play space. Enjoy a low-maintenance turf backyard with a concrete pad for a storage shed and extra rear parking for added convenience. Tucked away on a quiet cul-de-sac, this move-in ready home truly reflects pride of ownership.
Listing Agent
Capital Realty G at Fathom Realty
Fathom Realty Brokerage Phone: 4329781724 Listed on: 02/18/2026
Open House Schedule
-
Saturday, February 21, 20262:00 to 3:00 pm2/21/2026 2:00:00 PM +00:002/21/2026 3:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,206
Year Built
- Built in 1982
Lot Details
- 6,011 Sq Ft Lot
- Property fronts an alley
- Wood Fence
- Landscaped
- Sprinklers on Timer
Parking
- 2 Car Attached Garage
- Alley Access
- Side or Rear Entrance to Parking
- Automatic Garage Door Opener
Home Design
- Brick Veneer
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,335 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Shades
- Living Room with Fireplace
- Dining Area
- Tile Flooring
- Laundry in Utility Room
Kitchen
- Self-Cleaning Oven
- Electric Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Bush Elementary School
- Abell Middle School
- Legacy High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Arbor Court Subdivision
Listing and Financial Details
- Assessor Parcel Number R000009545
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 | $3,727 | $245,450 | $15,000 | $230,450 |
| 2024 | $2,725 | $252,430 | $15,000 | $237,430 |
| 2023 | $2,665 | $252,430 | $15,000 | $237,430 |
| 2022 | $3,575 | $228,820 | $15,000 | $213,820 |
| 2021 | $3,890 | $223,280 | $15,000 | $208,280 |
| 2019 | $3,588 | $189,530 | $15,000 | $194,720 |
| 2018 | $3,350 | $172,300 | $15,000 | $157,300 |
| 2017 | $3,254 | $167,350 | $15,000 | $152,350 |
| 2016 | $3,138 | $161,100 | $15,000 | $146,100 |
| 2015 | -- | $161,100 | $15,000 | $146,100 |
| 2014 | -- | $158,100 | $15,000 | $143,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2026 02/18/26 | For Sale | $280,000 | -- | $210 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Chicago Title | |
| Vendors Lien | -- | None Available | |
| Vendors Lien | -- | West Texas Abstract & Title | |
| Vendors Lien | -- | Lone Star Abstract & Title C | |
| Warranty Deed | -- | Lone Star Abstract & Title C | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,000 | New Conventional | |
| Previous Owner | $99,414 | FHA | |
| Previous Owner | $91,200 | Purchase Money Mortgage |
Source: Permian Basin Board of REALTORS®
MLS Number: 50090924
APN: R000009-545
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.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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Ask me questions while you tour the home.