NOT LISTED FOR SALE

223 Rainbow Dr San Antonio, TX 78209

Terrell Heights Neighborhood

Estimated Value: $1,003,000 - $3,032,930

1 Bed
-- Bath
525 Sq Ft
$3,844/Sq Ft Est. Value

About This Home

Stop by The Bowie Apartments in Alamo Heights today to find the perfect place to call home! If you are searching for an inviting one bedroom apartment, The Bowie Apartments has what you’re looking for. Our fully-revitalized community offers newly-renovated floorplans that feature brand new appliances, flooring, air condition and so much more! The galley kitchen combined with a spacious design will make your new apartment a place to both relax and entertain.

The Bowie Apartments offers many amenities to make sure you enjoy your time here with us! Relax outdoors at our picnic area, or spend time with your furry friend at our on-site dog park. For your convenience, we offer a laundry facility as well as on-site management and maintenance teams. Call our friendly leasing staff to set up an appointment for a personal tour of your new home. We look forward to seeing you at The Bowie Apartments!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
223 Rainbow Drive Lp
Bought by
Cove San Antonio Multifamily 33 Dst
Current Estimated Value
$2,017,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150,000
Outstanding Balance
$2,858,136
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$840,171

Purchase Details

Closed on
Mar 26, 2019
Sold by
Firenda Group Inc
Bought by
223 Rainbow Drive Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,242,500
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2011
Sold by
Whispering Heights Limited Partnership
Bought by
Firenda Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 14, 2011
Sold by
Bosneac John and Bosneac Adriana
Bought by
Firenda Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
4.28%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 24, 1994
Sold by
Vier Inc
Bought by
Kenrick Family Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
8.75%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cove San Antonio Multifamily 33 Dst -- New Title Company Name
223 Rainbow Drive Lp -- Alamo Title Co
Firenda Group Inc -- Fidelity National Title
Firenda Group Inc -- Fidelity National Title
Kenrick Family Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cove San Antonio Multifamily 33 Dst $3,150,000
Previous Owner 223 Rainbow Drive Lp $300,000
Previous Owner 223 Rainbow Drive Lp $2,242,500
Previous Owner Firenda Group Inc $0
Previous Owner Firenda Group Inc $76,603
Previous Owner Firenda Group Inc $725,000
Previous Owner Firenda Group Inc $122,000
Previous Owner Kenrick Family Ltd Partnership $375,000
Closed Kenrick Family Ltd Partnership $12,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2025 01/04/25 Off Market $775 -- --
09/05/2023 09/05/23 Price Changed $775 -3.1% $1 / Sq Ft
08/08/2023 08/08/23 For Rent $800 0.0% --
06/24/2023 06/24/23 For Rent $800 0.0% --
04/04/2023 04/04/23 Price Changed $800 +14.3% $2 / Sq Ft
10/14/2022 10/14/22 Price Changed $700 -11.9% $1 / Sq Ft
09/14/2022 09/14/22 Price Changed $795 -11.2% $2 / Sq Ft
09/09/2022 09/09/22 Price Changed $895 -0.6% $2 / Sq Ft
07/27/2022 07/27/22 For Rent $900 -- --

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
2023 $51,425 $2,380,000 $668,020 $1,711,980
2022 $60,271 $2,442,560 $568,010 $1,874,550
2021 $53,987 $2,113,210 $77,230 $2,035,980
2020 $52,847 $2,037,790 $77,230 $1,960,560
Source: Public Records

Map

Texas Bexar County San Antonio 78209 Terrell Heights

223 Rainbow Dr, San Antonio, TX

This home is located at 223 Rainbow Dr, San Antonio, TX 78209 and is currently estimated at $2,017,965, approximately $3,843 per square foot. 223 Rainbow Dr is a home located in Bexar County with nearby schools including Northwood Elementary School, Garner Middle School, and MacArthur High School.

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.

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