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Round Rock · Rainbow Parke

$350,000 88 days on market

1485 Rainbow Parke Dr, Round Rock, TX 78665

  • 3bedrooms
  • 2bathrooms
  • 1,744sqft
  • 0.18acres
  • 2006year built

About this home

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

Type
Single Family Residence
Levels
One
Year built
2006
Lot size
0.18 acres
Subdivision
Rainbow Parke
MLS #
ACT5740863

Inside

Bedrooms
3
Bathrooms
2
Living area
1,744 sqft

Outside / parking

Garage spaces
2

Schools

Elementary
Herrington
High school
Stony Point
District
Round Rock ISD

Costs

HOA
$115 / semi-annually
Est. annual taxes
$5,836 (2026)

Listing

First listed
Jul 28, 2026
Days listed
88
Status
Active

Listed by Derek Smith, Deal Smith Realty LLC · [email protected] · MLS# ACT5740863 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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