See Home Value
$340,000
● House - Off Market

206 Rainbow Circle

Rockwall, TX 75032
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,472 Ft²
$2,511
Est. Monthly
$241
HOA / Fees

About This Property

Nestled within the gated community of Chandler's Landing, this custom-built 3-bedroom, 2.5-bath home offers 2,472 square feet of character, comfort, and opportunity. From the moment you walk inside, you'll appreciate the craftsmanship throughout, including beautiful parquet wood floors, exposed wood beams, custom built-ins, and abundant cabinetry that provide both charm and functionality.

The spacious main living room features a cozy wood-burning fireplace and plenty of room for gathering with family and friends. A separate living area offers flexibility to fit your lifestyle and can serve as a home office, study, art room, library, or additional entertainment space. Recent updates include fresh paint in the secondary bedrooms and primary bathroom, along with new carpet, creating a move-in-ready foundation while still allowing room to add your personal touches.

The galley-style kitchen offers ample workspace, a breakfast bar, and a separate breakfast nook perfect for casual dining. The oversized primary suite easily accommodates a king-sized bed and large furniture and includes private access to the expansive covered patio.

Step outside and discover a backyard designed for relaxation and creativity. With mature trees, stone planters, and no grass to maintain, this private outdoor retreat is ideal for gardeners, morning coffee enthusiasts, or anyone seeking a peaceful space to unwind.

Chandler's Landing residents enjoy an exceptional lifestyle with gated security, a yacht club, restaurant, tennis courts, stocked fishing ponds, and a welcoming community atmosphere. Priced to allow you to bring your own vision and updates, this is a rare opportunity to own a custom home in one of Rockwall's most desirable neighborhoods and create the home you've always imagined.
Unit Size
2,472 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$142
Property Type
House
Property Taxes
$551
HOA Dues
$241
Year Built
1984

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Last updated: 2 days ago (NTREIS #21279879)

Price History

Date / Event Date Event Price
Oct 30, 2026 Sold
Sold
Oct 4, 2026 In contract -
In contract
Sep 26, 2026 Relisted $350,000
Relisted
Sep 25, 2026 In contract -
In contract
Sep 14, 2026 Price Decreased $350,000
↓ $25K (6.5%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,226
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,024
  • Gross Building Area: 3,504
  • Building Area: 2,472
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,472
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHANDLERS LANDING #5
  • Land Acres: 0000000212
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: CHANDLERS LANDING #5, BLOCK E, LOT 3

Neighborhood

  • School District Name: Rockwall Independent School District
  • Census Tract: 040510

Zoning

  • Zoning: PD8

Geography

  • Assessors Map Reference: 303-N
  • Subdivision Tract Number: 3
  • Parcel: 15044
  • Block: E
  • Lot: 3
  • Municipality: ROCKWALL
  • Latitude: 32.8789
  • Longitude: -96.4776

    Address

  • Full Address: 206 Rainbow Cir
  • Address - House Number: 206
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Rockwall
  • Carrier Code: R015
  • 4-Digit Zip Code: 5714
  • Zip Code: 75032

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $617,786
  • Tax Rate Code Area: SRW

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 430,260
  • High Value: 512,324
  • Low Value: 348,196

    Market Valuation

  • Market Total Value: $394,639
  • Market Land Value: $186,000
  • Market Improvement Value: $208,639

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,639
  • Assessed Land Value: $186,000
  • Assessed Improvements Value: $208,639

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20210000035026
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Chandlers Landing


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Frequently Asked Questions

When was property at 206 Rainbow Circle built and last sold?
The property at 206 Rainbow Circle was built in 1984 and last sold on Dec 20, 2021 for $385,900.
How much is this home worth?
The estimated value of the home located at 206 Rainbow Circle is $362,352.
What are some comparable homes to 206 Rainbow Circle?
There are currently no comparable homes to 206 Rainbow Circle.