Picture-perfect and impeccably maintained, this 3 bed, 2 bath home offers a front-facing kitchen with stainless appliances and a bright breakfast area. The open, inviting living space is ideal for everyday comfort and entertaining. A flexible bonus area works perfectly as a home office, sitting room, or play space. Enjoy a low-maintenance turf backyard with a concrete pad for a storage shed and extra rear parking for added convenience. Tucked away on a quiet cul-de-sac, this move-in ready home truly reflects pride of ownership.
For sale
$280,000
5003 Rainbow Rd, Midland, TX 79707
3beds
1,335sqft
Est.:
Single Family Residence
Built in 1982
6,011.28 Square Feet Lot
$-- Zestimate®
$210/sqft
$-- HOA
What's special
Low-maintenance turf backyardFlexible bonus areaOpen inviting living spaceQuiet cul-de-sacExtra rear parkingBright breakfast area
- 7 hours |
- 506 |
- 41 |
Zillow last checked:
Listing updated:
Listed by:
Capital Realty Group at Fathom Realty 432-557-4735,
Fathom Realty
Source: PBBR,MLS#: 50090924
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Disposal, Electric Range, Refrigerator, Self Cleaning Oven, Electric Water Heater
- Laundry: Inside Utility Room
Features
- Ceiling Fan(s), Pantry
- Flooring: Other, Tile
- Windows: Shades/Blinds
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 1,335
- Total interior livable area: 1,335 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Rear/Side Entry, Auto Garage Opener, Alley Access
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Sprinkler-Auto
- Pool features: None
- Fencing: Wood
Lot
- Size: 6,011.28 Square Feet
- Features: Landscaped
Details
- Parcel number: R000009545
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Composition
Condition
- Pre-Owned
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Arbor Court
HOA
- Has HOA: No
Location
- Region: Midland
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $252,430
- Annual tax amount: $2,206
- Date on market: 2/18/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved, Alley Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/18/2026 | Listed for sale | $280,000$210/sqft |
Source:  PBBR #50090924 Report a problem | ||
| 11/14/2013 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,725 +2.2% | $252,430 |
| 2023 | $2,665 -21.5% | $252,430 +10.3% |
| 2022 | $3,396 +10.3% | $228,820 +2.5% |
| 2021 | $3,078 | $223,280 +6.5% |
| 2020 | $3,078 +9.3% | $209,720 |
| 2019 | $2,816 | $209,720 +21.7% |
| 2018 | $2,816 | $172,300 +3% |
| 2017 | -- | $167,350 +3.9% |
| 2016 | -- | $161,100 |
| 2015 | -- | $161,100 +1.9% |
| 2014 | -- | $158,100 +41.1% |
| 2013 | -- | $112,040 +5.7% |
| 2012 | -- | $105,970 +3.2% |
| 2011 | -- | $102,720 +0.1% |
| 2010 | -- | $102,660 |
| 2009 | -- | $102,660 -2.8% |
| 2008 | -- | $105,670 +19.5% |
| 2007 | -- | $88,390 +29.2% |
| 2006 | $1,817 | $68,410 +9.8% |
| 2005 | -- | $62,320 |
| 2004 | -- | $62,320 +0.1% |
| 2003 | -- | $62,280 |
| 2002 | -- | $62,280 |
| 2001 | -- | $62,280 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,644/mo
Principal & interest
$1306
Property taxes
$338
Climate risks
Neighborhood: Wydewood
Nearby schools
GreatSchools rating
- 7/10Bush Elementary SchoolGrades: PK-6Distance: 0.2 mi
- 3/10Abell Junior High SchoolGrades: 7-8Distance: 0.7 mi
- 4/10Lee High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Bush
- Middle: Abell
- High: Legacy
- District: Midland
Source: PBBR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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