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8712 Rainbow Drive

8712 Rainbow Drive, Odessa, TX 79765
House in Odessa
Local assessors in Odessa, TX have categorized 8712 Rainbow Drive as a type of property. The home was built in 2005 and is 21 years old. The property's lot size has been calculated to be 6,599 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 550 ft. This is a 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8712 Rainbow Drive has a total of 1,583 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 380 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a so you'll have a great option in the back of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8712 Rainbow Drive was last sold in Dec 29, 2023 for $305,900. According to our calculations, that's $193.24 per sqft. Prior to that sales transaction, the property was sold for $299,053 in Sep 20, 2023. Current property owners are expected to pay $455,039 in taxes per year. The property on 8712 Rainbow Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $215,844. To break that down further, the land itself was valued at $16,830. While improvements to the property were assessed at a total of $199,014. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior

Parking

Garage Parking
Attached Garage

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230818
08/18/2023
3 Bed
2 Bath
1583 ft²
$245,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1583 ft²
-
-
The Luxe Group at Keller Williams
KELLER WILLIAMS REALTY -Midland
20220709
07/09/2022
3 Bed
2 Bath
1583 ft²
$229,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1583 ft²
-
-
Lance Marker
Heritage Real Estate Group
20200809
08/09/2020
3 Bed
2 Bath
1583 ft²
$229,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1583 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,599
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,583
  • Building Area: 1,583
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,583
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST PARK PH 3
  • Land Acres: 0000000151
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • Legal Description 1: EAST PARK PH 3 BLOCK 19 LOT 21

Neighborhood

  • School District Name: Ector County Independent School District
  • School Tax School District: ECTOR CNTY ISD
  • School Tax District Code 2: ODESSA COLLEGE
  • School Tax District Code 3: CITY OF ODESSA
  • Census Tract: 002501

Zoning

  • Zoning: EC1

Geography

  • Subdivision Phase Number: 3
  • Parcel: 08890.01380.00000
  • Block: 19
  • Lot: 21
  • Municipality: CITY OF ODESSA
  • Latitude: 31.937
  • Longitude: -102.392

    Address

  • Full Address: 8712 Rainbow Dr
  • Address - House Number: 8712
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Odessa
  • Carrier Code: C042
  • 4-Digit Zip Code: 2142
  • Zip Code: 79765

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $455,039
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1318
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 85
  • Final Value: 229,831
  • High Value: 260,127
  • Low Value: 199,535

    Market Valuation

  • Market Total Value: $215,844
  • Market Land Value: $16,830
  • Market Improvement Value: $199,014

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,844
  • Assessed Land Value: $16,830
  • Assessed Improvements Value: $199,014

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Jan 10, 2024
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 526
  • Previous Sale Recording Date: Sep 21, 2023
  • Previous Sale Contract Date: Sep 20, 2023
  • Previous Sale Amount: $299,053
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Odessa



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Frequently Asked Questions

What neighborhood is 8712 Rainbow Drive located in?
The 8712 Rainbow Drive is a house located in the neighborhood of Odessa in Odessa, Odessa.
What is the average sales price for listings in 8712 Rainbow Drive?
The average sales price for units in 8712 Rainbow Drive is $0 currently.