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1485 Rainbow Parke Dr, Round Rock, TX 78665

$350,000

3 bd · 2 ba · 1,744 sqft

1485 Rainbow Parke Dr, Round Rock, TX 78665

1485 Rainbow Parke Dr, Round Rock, TX 78665 is a 3-bedroom, 2-bathroom single family residence listed at $350,000 ($201/sqft). 1,744 sqft. Built in 2006. MLS #5740863. Listed by Deal Smith Realty LLC.

Property Overview

This single-story brick home at 1485 Rainbow Parke Drive in Round Rock offers the practical appeal of one-level living on nearly three-quarters of an acre. Built in 2006, the 1,744-square-foot residence features three bedrooms and two full baths with an open-concept floor plan that connects the main living, dining, and kitchen spaces while keeping secondary bedrooms positioned for privacy. The thoughtful layout accommodates flexible needs—guest rooms, a home office, or hobby space—while the two-car garage and full driveway provide ample parking.

The Rainbow Parke community delivers established neighborhood charm on Austin's northeast corridor, with the expansive 7,623-square-foot lot offering genuine outdoor potential for patios, gardens, or projects. The step-free layout from driveway to back door reinforces the home's livability advantages, while location places residents minutes from Old Settlers Park, the Dell Diamond, and direct freeway access via US-79 and SH-130. At $201 per square foot, this property represents solid value in an accessible Round Rock community with convenient connectivity to both local recreation and regional corridors.

Vox Real Estate Insight

Rainbow Parke remains one of Round Rock's most underrated neighborhoods for buyers seeking established character without the premium pricing of newer developments closer to downtown Austin. At this price point with a substantial lot size, 1485 Rainbow Parke Drive offers the kind of breathing room and low-traffic setting that Vox Residential's clients often prioritize when moving to the greater Austin area.

Agent Description

A single-story brick home offering 1,744 square feet on a 7,602 square foot lot in the established Rainbow Parke community on the east side of Round Rock. Built in 2006, the home lives all on one level with no stairs, three bedrooms, two full baths, central heat and air, and a two-car garage. The main living, dining, and kitchen areas stay open and connected, with the bedrooms set off to the side for quiet and separation. The secondary bedrooms are sized well for guests, a home office, a workout room, or a hobby space, and the two-car garage plus a full driveway leave plenty of room to park. Out back, the yard on a 7,602 square foot lot leaves space for a patio, a garden, or weekend projects, and the single-level layout means easy, step-free living from the driveway to the back door. Location is the quiet advantage. Rainbow Parke sits minutes from Old Settlers Park and the Dell Diamond, with quick access to US-79 and Interstate 35, and the SH-130 tollway a short drive east for a clear run toward the airport and greater Austin. Kalahari Resort, the Round Rock Premium Outlets, IKEA, HEB, and a long run of restaurants and everyday errands are all within a few minutes, and the area's major employers keep rental demand steady. It is a practical, low-maintenance single-story in one of the region's steadiest submarkets. The numbers work for an owner-occupant or an investor. Comparable homes in the area rent in the neighborhood of $2,000 a month, so it pencils as a straightforward buy-and-hold in a rental market with consistent demand, and the brick single-story construction keeps upkeep light for a long-term owner. Priced to sell in a corridor that keeps drawing steady relocation from across the Austin metro.

Property Details

Property TypeSingle Family Residence
Year Built2006
Bedrooms3
Bathrooms2
Living Area1,744 sqft
Lot Size7,623 sqft
Price / Sqft$201
StoriesOne
ConditionResale
SubdivisionRainbow Parke
CountyWilliamson
MLS AreaRRE
ListedJul 28, 2026
MLS #5740863
Listed ByDeal Smith Realty LLC

Interior

FlooringCarpet, Tile
AppliancesDishwasher, Disposal, Gas Range, Microwave, Free-Standing Range, Refrigerator
Interior FeaturesCeiling-High, In-Law Floorplan, Multiple Dining Areas, Primary Bedroom on Main, Walk-In Closet(s)
WindowsDouble Pane Windows
LaundryLaundry Room
Main-Level Bedrooms3

Systems & Utilities

CoolingCentral Air
HeatingCentral, Natural Gas
UtilitiesElectricity Available, Natural Gas Available
Water SourcePublic
SewerPublic Sewer

Exterior & Lot

ConstructionBrick Veneer, Frame
RoofComposition
FoundationSlab
Exterior FeaturesNo Exterior Steps
Patio & PorchCovered, Patio
FencingFenced, Wood
Lot FeaturesTrees-Small (Under 20 Ft)
FacesWest

Parking

Parking Spaces2
Garage Spaces2
Parking FeaturesAttached, Door-Single, Garage Door Opener, Outside

Community & HOA

HOAYes
HOA NameBrookchase
HOA Fee$115 / Semi-Annually
Community FeaturesCurbs, Sidewalks
SecurityPrewired, Smoke Detector(s)

Assigned Schools

ElementaryHerrington
MiddleCPL Robert P Hernandez
HighStony Point
DistrictRound Rock ISD

Taxes & Legal

Tax Year2026
Annual Tax$5,836
Assessed Value$351,877
Parcel #165047000C0038
Legal DescriptionS8693 - Rainbow Parke, Block C, Lot 38
FEMA Flood PlainNo
In ETJNo
DisclosuresSeller Disclosure
Listing ConditionsStandard

Listing data last updated:

Frequently Asked Questions

What is the listing price of 1485 Rainbow Parke Dr, Round Rock, TX 78665?

This property is listed at $350,000, which is $201 per square foot.

How many bedrooms and bathrooms does 1485 Rainbow Parke Dr, Round Rock, TX 78665 have?

This home has 3 bedrooms and 2 bathrooms, with 1,744 square feet of living space.

When was 1485 Rainbow Parke Dr, Round Rock, TX 78665 built?

This property was built in 2006, making it 20 years old.

How long has 1485 Rainbow Parke Dr, Round Rock, TX 78665 been on the market?

This listing has been on the market for 15 days.

What type of property is 1485 Rainbow Parke Dr, Round Rock, TX 78665?

This is a Single Family Residence on a 7,623 sqft lot.

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