This stunning home LGI's Juniper plan offers 3 bedrooms, 2-1/2 baths, and a spacious living area perfect for entertaining. The primary suite boasts a large bathroom and two walk-in closets. With a covered front porch and large utility room, this property provides ample storage and comfort. While requiring some DIY updates, this short-sale property is priced to move, offering instant equity for a first-time investor. Due to the missing dishwasher it is unable to pass an FHA Inspection, 5538 Rainbow features 2,042 square feet of living space on a 5,489 square foot lot, built in 2020. All 3 bedrooms are upstairs. The large kitchen and spacious living area presents the perfect home for entertaining Guests. The separate kitchen and dinning areas only enhances the entertaining experience. The primary suite provides a true retreat with a large bathroom and two large walk-in closets. In addition to two secondary bedrooms, this home features a large utility room.
For sale
$235,500
5538 Rainbow Rd, Cove, TX 77523
3beds
2,042sqft
Est.:
Single Family Residence
Built in 2020
5,488.56 Square Feet Lot
$-- Zestimate®
$115/sqft
$32/mo HOA
What's special
Large kitchenTwo walk-in closetsCovered front porchLarge utility roomLarge bathroomPrimary suite
- 191 days |
- 115 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 09:01pm
Listed by:
Joe Miles TREC #0510401 832-452-7939,
Rose Heel Properties,LLC
Source: HAR,MLS#: 11461093
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Utility Room
Primary bathroom
- Features: Primary Bath: Separate Shower
Heating
- Electric, Natural Gas
Cooling
- Electric
Appliances
- Included: Disposal, Oven, Microwave, Electric Range
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- All Bedrooms Up
- Flooring: Carpet, Tile
Interior area
- Total structure area: 2,042
- Total interior livable area: 2,042 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Stories: 2
- Fencing: Back Yard
Lot
- Size: 5,488.56 Square Feet
- Features: Subdivided, 0 Up To 1/4 Acre
Details
- Parcel number: 59163
- Special conditions: Short Sale
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Cement Siding
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 2020
Details
- Builder name: LGI Homes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public, Water District
Community & HOA
Community
- Subdivision: Josephs Cove Sec 3
HOA
- Has HOA: Yes
- HOA fee: $380 annually
Location
- Region: Cove
Financial & listing details
- Price per square foot: $115/sqft
- Tax assessed value: $298,280
- Annual tax amount: $4,624
- Date on market: 6/16/2025
- Listing terms: Cash,Conventional,Investor,Texas Veterans Land Board,VA Loan
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,885/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/13/2025 | Price change | $235,500+24.3%$115/sqft |
Source:  HAR #11461093 Report a problem | ||
| 3/15/2025 | Pending sale | $189,500$93/sqft |
Source: HAR #11461093 Report a problem | ||
| 2/25/2025 | Price change | $189,500-5%$93/sqft |
Source: HAR #11461093 Report a problem | ||
| 2/13/2025 | Listed for sale | $199,500-23.3%$98/sqft |
Source: HAR #11461093 Report a problem | ||
| 8/28/2024 | Listing removed | -- |
Source: HAR #14286341 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,336 -1.7% | $298,280 +0.2% |
| 2023 | $1,360 +7.9% | $297,680 +18.5% |
| 2022 | $1,260 -3.1% | $251,270 +6.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,487/mo
Principal & interest
$1151
Property taxes
$222
Other costs
$114
Climate risks
Neighborhood: 77523
Nearby schools
GreatSchools rating
- 10/10Barbers Hill Elementary SouthGrades: 1-3Distance: 1.6 mi
- 8/10Barbers Hill Middle SouthGrades: 7-8Distance: 1.6 mi
- 8/10Barbers Hill High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Barbers Hill South Elementary School
- Middle: Barbers Hill South Middle School
- High: Barbers Hill High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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