1506 Rainbow Bnd, Austin, TX 78703
OFF MARKET

1506 Rainbow Bnd
Austin, TX 78703

Old Enfield
  • 3 Beds
  • 3 Baths
  • 2,346 sqft (on 0.27 acres)

$1,880,500

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $12,041/mo*

$1,880,500

Trulia Estimate
as of Aug 24, 2026
Est. Refi. Payment $12,041/mo*
3 Beds
3 Baths
2,346 sqft
(on 0.27 acres)

Home Value

Trulia Estimate
$1.88M
Since last month
Increased$14K (+0.7%)
Since last year
Increased$73K (+4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +14% in the last 10 years
MonthEstimated value
2026
August 2026$1.89M
July 2026$1.88M
June 2026$1.89M
May 2026$1.86M
April 2026$1.81M
March 2026$1.81M
February 2026$1.71M
January 2026$1.7M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.48
Single-Family Home
-
02/19/26
3
3
1,960
0.35
Single-Family Home
-
01/13/26
3
2
1,940
0.70
Single-Family Home
-
10/31/25
3
3
3,336
0.71
Single-Family Home
-
01/29/26
3
3
1,974
0.43
Single-Family Home
-
06/25/26
5
2
1,250
0.82
Single-Family Home
-
01/09/26
3
3.5
2,634
0.79
Single-Family Home
-
10/01/25
5
3
2,505
1.00
Single-Family Home
-
11/24/25
3
3
2,621
0.35
Single-Family Home
-
09/02/25
2
2
1,175
0.86
Single-Family Home
-
02/12/26
3
2
1,975
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$1,799,950
3
2
2,032
For Sale
0.19
$395,000
1
1
826
For Sale
0.19
$375,000
1
1
826
For Sale
0.19
$420,000
1
1
985
For Sale
0.30
$1,349,999
3
3.5
2,381
For Sale
0.30
$240,000
1
1
542
For Sale
0.30
$234,000
1
1
798
For Sale
0.32
$375,000
1
1
698
For Sale
0.35
$1,450,000
3
2
1,764
For Sale
0.33
-
2
2.5
1,540
Off Market
0.33
$1,108,700
3
2
2,138
Off Market
0.35
$159,900
1
1
564
For Sale

Local Information

  • Map ViewExplore the area around 1506 Rainbow Bnd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1962
Lot Size
0.27 acres
Living Area
2,346 sqft
Price/Sqft
$802
Parking
Garage

About this House

Complete remodel or tear down. Build your dream home on this large lot.Rare opportunity to build in the heart of Old Enfield a block off of Niles Rd.Multi Million dollar homes surround.Sold As-Is.
1506 Rainbow Bnd, Austin, TX 78703 is a 3 bedroom, 3 bathroom, 2,346 sqft single-family home in Old Enfield, built in 1962. It is currently off market. The Trulia Estimate is $1,880,500, with a rent estimate of $6,927/month.

Home Details for 1506 Rainbow Bnd

Interior Features

Levels, Entrance, & Accessibility
Stories: 3
Interior Details
Additional StorageStorage
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: MetalDeckFoundation Type: Slab
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1962
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.27 acres

Price and Tax history

DateEventPrice
Jun 27, 2011
Source: Agent Provided
ListingRemoved
$699,000
Jun 3, 2011
Source: Agent Provided
Pending
$699,000
Apr 22, 2011
Source: Agent Provided
PriceChange
$699,000
Price decreased by 4%
Mar 6, 2011
Source: Agent Provided
Listed For Sale
$729,000
Dec 23, 2010
Source: Agent Provided
ListingRemoved
$749,000

Market trends in Austin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$586K
$14.3K
MoM
Sale-to-List Price
97.9%
Price per sq ft
$306
$4
MoM
Available listings
5514
156
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Old Enfield

At least 5 Trulia users voted on each feature.
  • 86 % Say car is needed

  • 83 % Say parking is easy

  • 80 % Say it's dog friendly

  • 75 % Say people would walk alone at night

  • 75 % Say yards are well-kept

  • 67 % Say it's walkable to restaurants

  • 64 % Say neighbors are friendly

  • 64 % Say it's walkable to grocery stores

  • 60 % Say it's quiet

  • 55 % Say there's holiday spirit

  • 50 % Say they plan to stay for at least 5 years

  • 44 % Say kids play outside

  • 38 % Say streets are well-lit

  • 36 % Say there's wildlife

  • 25 % Say there are community events

  • 17 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Mjgmd
    "The yearly Sanford “Young Entrepreneurs” Event.at the Pease Mansion. Community organized gatherings at Pease Park. HOA yearly gathering."
  • Holly.grimme
    "Old Enfield has a good Downtown location with community / residential feel. Great restaurants nearby "

LGBTQ Local Legal Protections

Frequently asked questions about 1506 Rainbow Bnd

  • What is 1506 Rainbow Bnd estimated to be worth?
    Trulia's estimated value for 1506 Rainbow Bnd in Austin, TX is $1,880,500.
  • Is Austin a buyer's or seller's market?
    Austin is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Austin?
    The median sale price in Austin is $586K. That is up $14.3K from the prior month.
  • What do residents say about the Old Enfield neighborhood?
    Residents describe the Old Enfield neighborhood in Austin, TX as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See recently sold homes in Old Enfield, Austin.
  • Does 1506 Rainbow Bnd have air conditioning?
    Yes, 1506 Rainbow Bnd in Austin, TX has air conditioning.
  • How big is the lot at 1506 Rainbow Bnd?
    The lot at 1506 Rainbow Bnd in Austin, TX is about 0.27 acres (11,804 sq ft).

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