NOT LISTED FOR SALE

5502 Rainbow Rd Cove, TX 77523

Estimated Value: $235,000 - $251,707

3 Beds
2 Baths
1,392 Sq Ft
$175/Sq Ft Est. Value

Last Sold April 25, 2023

Current estimated payment $1,355/month

58 Days on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Family Room Off Kitchen
  • Barbers Hill El South Rated A
  • Breakfast Room
  • 4-minute walk to Joseph’s Cove Park

About This Home

As of April 2023

Welcome to this lovely one story, 3 bedrooms, 2 baths, 2 car garage in Joseph's Cove. Do you need a pools size yard? Look no further, this home is sitting on a premium oversized lot. Sellers have done a great job at maintaining their home, they take pride in their ownership. Built in 2018 by LGI, storage shed and a concrete pad are a plus. Kitchen open to dining and living room, granite countertops, black appliances, 42' cabinets. Generous size bedrooms, very functional floor plan. Zoned to Barbers Hill, minutes away from 1409, I-10, 565, and Grand Parkway.Call for your private showing today.

Last Agent to Sell the Property

Jessica Salinas

RE/MAX ONE - Premier License #0595374 Listed on: 02/11/2023

RE/MAX ONE - Premier

Last Buyer's Agent

Patricia Ibarra

The Onyx Group License #0733748

The Onyx Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,292

Year Built

  • Built in 2018

Lot Details

  • 0.34 Acre Lot
  • Cleared Lot

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Living Room
  • Breakfast Room
  • Utility Room
  • Washer Hookup
  • Carpet

Kitchen

  • Electric Oven
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

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

  • Joseph's Cove HOA, Phone Number (832) 462-3627
  • Built by LGI
  • Josephs Cove Sec 3 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,292

Year Built

Built in 2018

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Directions: From the East Fwy: South on FM 1409. Right on Hidden Cove Rd. Follow curve to Left. Immediate Right on Horizon Sky Rd. Left on Golden Cove Rd. Left on Treasure Cove Rd.Lleftt on Rainbow Rd.
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Year Built: 2018
  • Lot Size Acres: 0.34
  • Subdivision Name: Josephs Cove Sec 3
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: HVAC, Windows
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Microwave, Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet
  • Interior Amenities: Granite Counters, Kitchen/Family Room Combo, Pantry, Tub Shower, Window Treatments, Ceiling Fan(s)
  • Living Area: 1392.0
  • Dining Room Type: Breakfast Room/Nook, Living Room, Utility Room
  • Window Features: Low-Emissivity Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Builder Name: LGI
  • Disclosures: Seller Disclosure
  • Roof: Composition
  • Lot Features: Cleared, Subdivision
  • Pool Private: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Laundry Features: Washer 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 Fee: 380.0
  • Association Fee Frequency: Annually
  • Association Name: Joseph's Cove HOA
  • Phone: 832-462-3627
  • Association: Yes

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3292.0

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
The Onyx Group
List Price
$250,000
Views
81
Current Estimated Value
$244,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%
Original Mortgage
$235,653
Outstanding Balance
$229,590
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$14,587

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

Closed on
Dec 31, 2018
Sold by
Lgi Homes Texas Llc
Bought by
Corona Ramon

Home Financials for this Owner

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

Range of Values:

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Average Value
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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

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

Mortgage History

Date Status Borrower Loan Amount
Open 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 Change Sq Ft Price
04/25/2023 04/25/23 Sold -- -- --
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 -- $180 / Sq Ft
Source: Houston Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $39 $249,860 $32,900 $216,960
2023 $3,475 $246,140 $32,900 $213,240
2022 $812 $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

  • Jessica Salinas

    Seller's Agent in 2023

    Jessica Salinas

    RE/MAX ONE - Premier

    (713) 494-7938

    58 in this area

    160 Total Sales

    Jessica Salinas
    Section Image

  • P

    Buyer's Agent in 2023

    Patricia Ibarra

    The Onyx Group

    (832) 572-1201

    28 in this area

    140 Total Sales

    Patricia Ibarra
    Section Image
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Map

Source: Houston Association of REALTORS®

MLS Number: 67456677

Houston Association of REALTORS®

APN: 35220-00306-00300-001300

Texas Chambers County Cove 77523

5502 Rainbow Rd, Cove, TX

This home is located at 5502 Rainbow Rd, Cove, TX 77523 since 11 February 2023 and is currently estimated at $244,177, approximately $175 per square foot. This property was built in 2018. 5502 Rainbow Rd is a home located in Chambers County with nearby schools including Barbers Hill El South, Barbers Hill Primary School, and Barbers Hill Middle North.

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.

Houston Association of REALTORS® Copyright 2025, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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