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8720 Rainbow Drive

8720 Rainbow Drive, Odessa, TX 79765
House in Odessa
Local assessors in Odessa, TX have categorized 8720 Rainbow Drive as a type of property. The home was built in 2009 and is 17 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. If we look only at the heated or air conditioned part of the building, then 8720 Rainbow Drive has a total of 1,606 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 880 sqft. There are 4 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a so you'll have a great option in the back of the home. The property was last sold in Oct 11, 2022 for $322,192. That's $200.62 per sqft. Prior to that sales transaction, the property was also sold in Jun 14, 2019 for $250,000. 8720 Rainbow Drive was last assessed in 2023. The total value of the property was assessed at $242,548. Specifically, the land the property is located on was valued at $16,830. While improvements on the property were assessed at a total of $225,718. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $309,821. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
Attached Garage

Exterior

Brick Venner Exterior

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20220619
06/19/2022
3 Bed
2 Bath
1606 ft²
$259,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1606 ft²
-
-
TOMMIE MCCLANE
The Real Estate Group
20190512
05/12/2019
3 Bed
2 Bath
1606 ft²
$244,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1606 ft²
-
-
-


Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • 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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 880
  • Parking Space Count: 4
  • 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: 1,606
  • Building Area: 1,606
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,606
  • 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 23

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: 08890.01400.00000
  • Block: 19
  • Lot: 23
  • Municipality: CITY OF ODESSA
  • Latitude: 31.9373
  • Longitude: -102.393

    Address

  • Full Address: 8720 Rainbow Dr
  • Address - House Number: 8720
  • 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: $309,821
  • Tax Rate Code Area: 007

    Appraisal Valuation

  • Standard Deviation: 0.1948
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 258,146
  • High Value: 308,448
  • Low Value: 207,844

    Market Valuation

  • Market Total Value: $242,548
  • Market Land Value: $16,830
  • Market Improvement Value: $225,718

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,548
  • Assessed Land Value: $16,830
  • Assessed Improvements Value: $225,718

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 11, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20713
  • Previous Sale Recording Date: Jun 18, 2019
  • Previous Sale Contract Date: Jun 14, 2019
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 70
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 8720 Rainbow Drive located in?
The 8720 Rainbow Drive is a house located in the neighborhood of Odessa in Odessa, Odessa.
What is the average sales price for listings in 8720 Rainbow Drive?
The average sales price for units in 8720 Rainbow Drive is $0 currently.