When was property at 14048 Rainbow Drive built and last sold?

The property at 14048 Rainbow Drive was built in 1985 and last sold on Aug 5, 2014 for $178,000.

How much is this home worth?

The estimated value of the home located at 14048 Rainbow Drive is $0.

What are some comparable homes to 14048 Rainbow Drive?

There are currently no comparable homes to 14048 Rainbow Drive.

Kaufman

75126

Lakeview

14048 Rainbow Drive

$350,000

● House - Off Market

14048 Rainbow Drive

Forney, TX 75126

4 Beds

0 Bath

2,289 Ft²

$2,323

Est. Monthly

6.50%

Cap Rate

About This Property

Selling As-Is! This property offers a fantastic opportunity for buyers seeking space and flexibility! Situated just outside Forney city limits on approximately one acre with no HOA, this 4-bedroom, 3-bathroom home is ready for your personal touch. Spacious living area with a cozy wood-burning fireplace. Ceramic tile and laminate wood floors throughout – no carpet! Generous bedrooms with walk-in closets. Primary suite boasts dual walk-in closets, a garden tub, and a separate shower. Oversized utility room conveniently located off the kitchen. Garage conversion provides a large 4th bedroom with a full bathroom. Recent updates: HVAC (4 years old), brand-new outdoor unit (2024), and stainless steel dishwasher & oven (2024).

Unit Size

2,289 Ft²

Days on Market

Land Size

1.00 acres

Price per sqft

$153

Property Type

House

Property Taxes

$604

HOA Dues

Year Built

1985

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Cap Rate Calculator

Last updated: 2 years ago (NTREIS #20856563)

Price History

Date / Event	Date	Event
Apr 15, 2025	Sold	Premium
Sold
Mar 5, 2025	In contract	-
In contract
Feb 27, 2025	Listed by Kile Properties	$350,000
Listed by Kile Properties
Oct 7, 2024	Withdrawn	-
Withdrawn
Sep 2, 2024	Listed by United Real Estate DFW	$375,000
Listed by United Real Estate DFW

	This home is the essence of why you want to move to Forney! A RARE opportunity to snatch up a 4 bedroom 3 bath home on Acre of land with mature Pecan trees, Plus HUGE 60 by 24 workshop, Forney Schools and NO HOA's !!! ... what an incredible deal! Originally a 3 bedroom home but original owner converted oversized garage to Mother in-law suite Huge Family room with vaulted ceiling, Large Utility - mud room. This is NOT a track home ! .. Quiet Mature cul-de-sac home of Acre Plus Properties with NO HOA's ** Due to dogs on property, NEED PRIOR DAY APPROVAL to show house. Realtor is related to sellers.

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1985

Effective Year Built: 1985
Building Count: 1
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 0
Roof Shape Type: 8
Roof Cover Type: 3
Floor Count: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 4
Garage Square Area: 1,488
Parking Space Count: 5
Patio Type: 0
Porch Type: 6
Pool Type: 0

Dimensions

Lot Size Square Feet: 43,560

Total Building Area: 2,289
Gross Building Area: 2,409
Building Area: 2,409
Building Area Measurement: R

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,289
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: C
Subdivision: BROOKHOLLOW ESTATES
Land Acres: 0000001000
Standard Land Use Code: 2000
County Land Use Code: A4
State Land Use Code: A4
Legal Description 1: BROOKHOLLOW ESTATES, LOT 4; & HOUSE

Neighborhood

School District Name: Forney Independent School District

Census Tract: 050210

Geography

Parcel: 19590

Lot: 4
Municipality: FORNEY
Latitude: 32.7849
Longitude: -96.4752

Address

Full Address: 14048 Rainbow Dr

Address - House Number: 14048
Address - Street Name: Rainbow
Address - Suffix Type: Dr
State: TX
City Name: Forney
Carrier Code: R031
4-Digit Zip Code: 5212
Zip Code: 75126

Valuation

Tax

Tax Year: 2022

Tax Amount: $564,101
Tax Rate Code Area: SF

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $424,112

Market Land Value: $100,000
Market Improvement Value: $324,112

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $342,409

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Aug 05, 2014

Current Sale Recording Date: Aug 07, 2014
Current Sale Price:

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Current Sale Document Type: 70
Current Sale Input Document Number: 2014-0013306

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Lakeview

Stats & Trends

Median Asking:

$459,500

Sale Price/ft²

$161

Above Asking

0.00%

Average Days on Market

Average Home Size

2294 ft²

Average Home Age

Currently For Sale

2 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2384 Neff Lane, Forney, TX, 75126

$2,500 /mo

4 Beds
3 Baths
2,414 ft²

2384 Neff Lane, Forney, TX, 75126 Listing by Kevin Torres

Unit for rent at 1008 Kimbro Drive, Forney, TX, 75126

$2,400 /mo

4 Beds
3 Baths
3,026 ft²

1008 Kimbro Drive, Forney, TX, 75126 Listing by Bao Nguyen

Unit for rent at 1056 Sublime Drive, Heath, TX, 75126

$2,600 /mo

4 Beds
3 Baths
2,292 ft²

1056 Sublime Drive, Heath, TX, 75126 Listing by Alisha Billingsley

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Shannon Runyan, Kile Properties
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20856563
Details provided by NTREIS and may not match the public record

14048 Rainbow Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Lakeview

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions