RENTED MAR 27, 2026

5502 Rainbow Rd Cove, TX 77523

Estimated Value: $237,000 - $255,022

3 Beds
2 Baths
1,392 Sq Ft
$176/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2023

Current estimated payment $1,661 / mo

Highlights

  • 2 Car Attached Garage
  • Living Room
  • Central Heating and Cooling System
  • Barbers Hill El South Rated A
  • Vinyl Plank Flooring
  • 4-minute walk to Joseph’s Cove Park

About This Home

As of March 2026

Welcome home to this beautiful single-story, 3-bedroom, 2-bath residence located in the desirable Joseph’s Cove community. Built in 2018, this well-maintained home features an open-concept layout with the kitchen seamlessly flowing into the dining and living areas—perfect for both everyday living and entertaining. The kitchen offers granite countertops, 42” cabinetry, and ample workspace. The Primary Suite features a spacious En Suite. Step outside to enjoy the HUGE backyard—ideal for relaxing, entertaining, or outdoor activities. The property also includes a convenient storage shed in addition to the garage for extra storage needs. For added convenience and value, the refrigerator, washer, and dryer are all included. The landlord also provides lawn maintenance. Zoned to highly regarded Barbers Hill ISD and located just minutes from Hwy 1409, I-10, Hwy 565, and the Grand Parkway! A wonderful opportunity to enjoy comfort, convenience, and modern living in a great location

Last Agent to Rent the Property

Missy De Leon

Delegated Properties License #0520000 Listed on: 02/10/2026

Last Renter's Agent

Missy De Leon

Delegated Properties License #0520000 Listed on: 02/10/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 14,810 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,392 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Windows with Low Emissivity
  • Energy-Efficient HVAC

Schools

  • Barbers Hill South Elementary School
  • Barbers Hill South Middle School
  • Barbers Hill High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Front Yard Maintenance
  • Delegated Properties, Llc Association
  • Josephs Cove Sec 3 Subdivision

Listing and Financial Details

  • Property Available on 2/12/26
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

0.34 Acres

Parking

2

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2026-02-12

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential Lease
  • Year Built: 2018
  • Lot Size Acres: 0.34
  • Road Surface Type: Asphalt
  • Subdivision Name: Josephs Cove Sec 3
  • Architectural Style: Detached
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: HVAC, Windows
  • Property Attached Yn: No
  • Property Sub Type Additional: Detached,Single Family Residence
  • Pets No Pets Comments: PetDepositDescription:$500 pet deposit $50 Pet Rent 1/2 of pet deposit is non-refundable
  • UniversalParcelId: urn:reso:upi:2.0:US:48071:59172
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Plank, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 1392.0
  • Dining Room Type: Living Room
  • Window Features: Low-Emissivity Windows

Exterior Features

  • Disclosures: None
  • Fencing: Back Yard
  • Lot Features: Subdivision
  • Pool Private: No
  • Exterior Features: Fence

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Utilities: Yard Maintenance
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Delegated Properties, LLC
  • Pets Allowed: Conditional, Pet Deposit

Schools

  • Elementary School: BARBERS HILL SOUTH ELEMENTARY SCHOOL
  • Junior High Dist: 6 - Barbers Hill
  • High School: BARBERS HILL HIGH SCHOOL
  • Middle Or Junior School: BARBERS HILL SOUTH MIDDLE SCHOOL

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
Apr 26, 2023
Sold by
Ceja Ramon Corona and Ceja Letti R
Bought by
Gonzales Marc
Seller's Agent
Jessica Salinas
RE/MAX ONE - Premier
Buyer's Agent
Patricia Ibarra
Vive Realty LLC
List Price
$250,000
Views
81
Current Estimated Value
$253,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
Original Mortgage
$235,653
Outstanding Balance
$228,116
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$17,140

Purchase Details

Listed on
Feb 11, 2023
Closed on
Apr 25, 2023
Sold by
Ceja Ramon Corona and Ceja Letti R
Bought by
Gonzales Marc
Seller's Agent
Jessica Salinas
RE/MAX ONE - Premier
Buyer's Agent
Patricia Ibarra
Vive Realty LLC
List Price
$250,000
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,653
Outstanding Balance
$228,116
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$17,140

Purchase Details

Closed on
Jul 2, 2021
Sold by
Corona Ramon and Ceja Ramon Corona
Bought by
Ceja Ramon Corona and Corona Letti R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2018
Closed on
Dec 31, 2018
Sold by
Lgi Homes Texas Llc
Bought by
Corona Ramon
Seller's Agent
Jack Lipar
LGI Homes
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$170,905
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Gonzales Marc -- Chicago Title Company
Gonzales Marc -- Chicago Title Company
Ceja Ramon Corona -- None Listed On Document
Corona Ramon -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Gonzales Marc $235,653
Closed Gonzales Marc $235,653
Previous Owner Ceja Ramon Corona $181,800
Previous Owner Corona Ramon $170,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2026 03/27/26 Rented $1,950 0.0% --
03/14/2026 03/14/26 Under Contract -- -- --
02/28/2026 02/28/26 Price Changed $1,950 -2.5% $1 / Sq Ft
02/10/2026 02/10/26 For Rent $2,000 0.0% --
04/25/2023 04/25/23 Sold -- -- -- View Prior Sale
04/11/2023 04/11/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $235,000 -3.1% $169 / Sq Ft
03/05/2023 03/05/23 Price Changed $242,500 -3.0% $174 / Sq Ft
02/11/2023 02/11/23 For Sale $250,000 +39.0% $180 / Sq Ft
12/30/2021 12/30/21 Off Market -- -- --
12/31/2018 12/31/18 Sold -- -- -- View Prior Sale
12/01/2018 12/01/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $179,900 -- $127 / Sq Ft
Source: Houston Association of REALTORS®

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 $3,697 $238,490 $32,900 $205,590
2024 $39 $249,860 $32,900 $216,960
2023 $3,475 $246,140 $32,900 $213,240
2022 $3,292 $233,330 $32,900 $200,430
2021 $3,082 $180,700 $32,900 $147,800
2020 $3,082 $180,700 $32,900 $147,800
2019 $2,995 $158,800 $32,900 $125,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Houston Association of REALTORS®

MLS Number: 91515047

Houston Association of REALTORS®

APN: 35220-00306-00300-001300

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