$496,000

6161 Rainbow Valley Place Frisco, TX 75035

Tuscany Neighborhood

Estimated payment $3,603/month

Total Views 7,432
3 Beds
2.5 Baths
1,712 Sq Ft
$290 Price per Sq Ft

Highlights

  • Granite Countertops
  • 2 Car Attached Garage
  • Ceiling Fan
  • Shawnee Trail Elementary School Rated A-
  • Central Heating and Cooling System
  • High Speed Internet

About This Home

Investor-Friendly Upscale Townhome in Prime Frisco Location – Leased Through May 31 2026Enjoy modern living and immediate rental income with this stylish 3-bedroom, 2.5-bath townhome, ideally situated in the coveted Gables of Ohio community in central Frisco. Currently leased on a 12-month agreement, this property offers a turnkey investment opportunity for savvy buyers looking to capitalize on Frisco’s booming market.Inside, you'll find a spacious open layout with engineered hardwood floors, granite countertops, sleek white cabinetry, and designer touches like Whirlpool stainless steel appliances and Moen chrome fixtures. The fenced front yard and rear 2-car garage add both privacy and low-maintenance convenience.Location is everything: minutes from Stonebriar Mall, Frisco Athletic Center, top-tier dining, shopping, and groceries. Plano is just around the corner, and easy access to Dallas North Tollway and Sam Rayburn Tollway SH121 ensures smooth commuting. Just steps from Collin College, this home is in the center of it all.Whether you're looking to build your portfolio or move in later, this townhome delivers value today and potential tomorrow.

Listing Agent

Loreena Yeo

3:16 Team Realty LLC Brokerage Phone: 214-529-6003 License #0507884 Listed on: 04/24/2025

Co-Listing Agent

Michael Yeo

3:16 Team Realty LLC Brokerage Phone: 214-529-6003 License #0600519

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,586

Year Built

  • Built in 2017

Lot Details

  • 2,004 Sq Ft Lot

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,712 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Shawnee Elementary School
  • Lebanon Trail High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include management, ground maintenance
  • Essex Property Management Association
  • Gables At Ohio Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 / D
  • Assessor Parcel Number R1100700D01901

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,586

Year Built

Built in 2017

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • OWNERNAME: See agent
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Unit Levels: Two
  • Attribution Contact: 214-529-6003
  • Co List Office Mls Id: 316TR01C
  • Co List Office Phone: 214-529-6003
  • Co List Office Mls Id: 316TR01C
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 1712.0
  • Interior Amenities: Granite Counters, High Speed Internet, Cable TV
  • Appliances: Dishwasher, Electric Oven, Gas Cooktop, Disposal
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Pool Features: None

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s)
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Door-Single
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Association Management, Maintenance Grounds
  • Association Fee: 255.0
  • Association Fee Frequency: Monthly
  • Association Name: Essex Property Management

Schools

  • Elementary School: Shawnee
  • High School: Lebanon Trail
  • Junior High Dist: Frisco ISD

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size Units: Acres
  • Lot Size Area: 0.046
  • Parcel Number: R1100700D01901
  • Lot Size Acres: 0.046
  • Lot Size Sq Ft: 2003.76

Building Info

  • Year Built: 2017
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: D
  • Tax Lot: 19
  • Tax Annual Amount: 7586.0

MLS Schools

  • MiddleOrJuniorSchool: Clark

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $7,829 $448,789 $130,000 $318,789
2022 $7,206 $380,612 $100,000 $280,612
2021 $6,329 $322,384 $80,000 $242,384
2020 $6,693 $327,938 $80,000 $247,938
2019 $7,021 $326,787 $80,000 $246,787
2018 $6,993 $320,981 $80,000 $240,981
2017 $1,024 $47,000 $47,000 $0
2016 $0 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $496,000 0.0% $290 / Sq Ft
12/21/2017 12/21/17 Rented $2,100 0.0% --
12/21/2017 12/21/17 For Rent $2,100 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $267,750 New Conventional
Closed $267,750 New Conventional
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20900741

North Texas Real Estate Information Systems (NTREIS)

APN: R-11007-00D-0190-1