NOT LISTED FOR SALE

601 Rainbow Ct Odessa, TX 79765

Estimated Value: $318,000 - $336,852

4 Beds
2 Baths
1,986 Sq Ft
$165/Sq Ft Est. Value

Last Sold November 20, 2019

Current estimated payment $2,069/month

73 Days on Market

Highlights

  • Above Ground Pool
  • Corner Lot
  • Covered Patio or Porch
  • Reverse Osmosis System
  • No HOA
  • Formal Dining Room

About This Home

As of November 2019

Bring all offers, willing to negotiate all offers.Magnificent home in fast growing Lawndale/North Park. Home sits on giant corner lot and looks gorgeous from first approach. You would think it couldn't get better but it does, house how too many upgrades to list and won't last long. Beautifully landscaped and let's talk about that pool, which was professionally installed and you still have a giant yard for various activities. 4 bedroom with option for formal dining or den. This house has it all.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,218

Year Built

  • Built in 2014

Lot Details

  • 0.26 Acre Lot
  • Landscaped
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Garage Door Opener

Home Design

  • Brick Veneer
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,986 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Shades
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Electric Dryer

Home Security

  • Security System Leased
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Above Ground Pool
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Jordan Elementary School
  • Wilson-Young Middle School
  • Permian High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Thermostat
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • North Park Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 21225.00940.30000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,218

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: .26
  • Lot Size Sq Ft: 11325.6
  • Road Surface Type: Paved
  • Subdivision Name: North Park Addition
  • Directions: N on Rainbow from 87th, then E on Rainbow Ct. House is on the NE corner of intersection.
  • Carport Y N: No
  • Garage Yn: Yes
  • Efficiency: Thermostat, Ceiling Fan(s)
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dryer Electric, Microwave, Gas Range, Self Cleaning Oven, Dishwasher, Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Flooring: Tile, Carpet
  • Interior Amenities: Pantry
  • Living Area: 1986
  • Window Features: Storm Window(s), Skylight(s), Shades/Blinds
  • Dining Room Features: Separate Formal, Breakfast Bar, Other - See Remarks
  • Master Bathroom Features: Separate Tub(s), Separate Shower(s), Dual Sinks

Exterior Features

  • Lot Features: Landscaped, Corner Lot, Alley Access
  • Pool Features: Above Ground
  • Pool Private: Yes
  • Home Warranty: No
  • Construction Type: Brick Veneer
  • Exterior Features: Auto Sprinkler
  • Foundation Details: Slab
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Covered
  • Property Condition: Pre-Owned
  • Roof: Composition

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Garage, Attached, Parking Pad
  • Total Parking Spaces: 2

Utilities

  • Laundry Features: Inside Utility Room, Laundry Closet
  • Security: Security System Leased, Smoke Detector(s), Reverse Osmosis Owned
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Jordan
  • Junior High Dist: Ector
  • High School: Permian
  • Middle Or Junior School: Wilson-Young

Green Features

Lot Info

  • Parcel #: 21225.00940.30000
  • ResoLotSizeUnits: SquareFeet

Multi Family

Tax Info

  • Tax Annual Amount: 4217.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2019
Closed on
Nov 19, 2019
Sold by
Leislang Kevin and Leislang Alissa
Bought by
Rincon Albert and Rincon Michelle
List Price
$298,500
Current Estimated Value
$327,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%
Original Mortgage
$284,747
Outstanding Balance
$250,002
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$77,961

Purchase Details

Closed on
Mar 3, 2014
Sold by
D R Horton Texas Ltd
Bought by
Leisgang Kevin and Leisgang Alissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,276
Interest Rate
4.44%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rincon Albert -- Ector County Abstract & Ttl
Leisgang Kevin -- Basin Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rincon Albert $284,747
Previous Owner Leisgang Kevin $201,276
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2019 11/20/19 Sold -- -- --
10/18/2019 10/18/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $298,500 -- $150 / Sq Ft
Source: Odessa Board 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 $4,084 $300,586 $28,880 $271,706
2023 $3,993 $295,296 $28,880 $266,416
2022 $6,594 $285,435 $28,880 $256,555
2021 $6,686 $283,434 $28,880 $254,554
2020 $6,329 $272,904 $28,880 $244,024
2019 $6,133 $248,745 $28,880 $219,865
2018 $5,385 $228,735 $28,880 $199,855
2017 $5,240 $230,037 $28,880 $201,157
2016 $4,971 $223,921 $22,764 $201,157
2015 -- $223,921 $22,764 $201,157
Source: Public Records

Map

Source: Odessa Board of REALTORS®

MLS Number: 114860

APN: 21225-00940-30000

Texas Ector County Odessa 79765

601 Rainbow Ct, Odessa, TX

Not Listed for Sale

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