1702 Rainbow Dr, Richardson, TX 75081
OFF MARKET

$477,500

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 2,253 sqft

1702 Rainbow Dr, Richardson, TX 75081

Berkner Park
Est. Refi. Payment $3,205/mo*
Refinance Your Home

Home Value

Trulia Estimate
$478K
Since last month
Increased$14K (+3.1%)
Since last year
Increased$17K (+3.6%)
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 +87% in the last 10 years
MonthEstimated value
2026
August 2026$479K
August 2026$478K
July 2026$464K
June 2026$455K
May 2026$467K
April 2026$467K
March 2026$459K
February 2026$458K
January 2026$461K
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
1705 Morningstar Trl, Richardson, TX
0.03
Single-Family Home
-
08/31/26
3
2.5
1,909
1603 Rainbow Dr, Richardson, TX
0.11
Single-Family Home
-
09/26/25
3
2
2,298
1802 Rainbow Dr, Richardson, TX
0.11
Single-Family Home
-
05/08/26
3
2
2,010
1708 Serenade Ln, Richardson, TX
0.13
Single-Family Home
-
09/23/25
3
2
2,043
1602 Serenade Ln, Richardson, TX
0.15
Single-Family Home
-
11/07/25
3
2.5
2,124
1704 Serenade Ln, Richardson, TX
0.12
Single-Family Home
-
10/23/25
3
3.5
2,171
1603 E Spring Valley Rd, Richardson, TX
0.18
Single-Family Home
-
10/16/25
3
2.5
2,135
1802 Clover Trl, Richardson, TX
0.21
Single-Family Home
-
07/02/26
3
3
2,622
1618 University Dr, Richardson, TX
0.32
Single-Family Home
-
04/17/26
4
2.5
2,132
1500 Stonecrest Dr, Richardson, TX
0.35
Single-Family Home
-
07/29/26
4
2.5
2,165

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
1705 Morningstar Trl, Richardson, TX 75081
0.03
-
3
2.5
1,909
Recently Sold
1614 Windsong Trl, Richardson, TX 75081
0.07
$371,100
3
2
2,014
Off Market
1706 Morningstar Trl, Richardson, TX 75081
0.06
$388,800
3
2
2,136
Off Market
1603 Rainbow Dr, Richardson, TX 75081
0.11
$428,800
3
2
2,298
Off Market
1700 Mayflower Dr, Richardson, TX 75081
0.12
$325,000
3
2
2,177
For Sale
1704 Serenade Ln, Richardson, TX 75081
0.12
$418,800
3
3.5
2,171
Off Market
1802 Rainbow Dr, Richardson, TX 75081
0.11
$425,000
3
2
2,010
For Sale
1708 Serenade Ln, Richardson, TX 75081
0.13
$449,800
3
2
2,043
Off Market
1602 Serenade Ln, Richardson, TX 75081
0.15
$408,700
3
2.5
2,124
Off Market
1701 E Spring Valley Rd, Richardson, TX 75081
0.15
$450,000
4
3
2,133
For Sale
1600 Mayflower Dr, Richardson, TX 75081
0.17
$457,200
4
2.5
2,246
Off Market

Local Information

  • Map ViewExplore the area around 1702 Rainbow Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1978
2,253 sqft
$212/sqft
2 Car Garage

About this House

Nestled in the heart of Richardson, TX, this charming 3-bedroom, 2.5-bath home perfectly blends comfort and convenience. Offering three versatile living spaces, it’s designed for both entertaining and relaxed everyday living. Sunlight pours through large windows, illuminating fresh finishes and warm tones throughout. The main living area features a vaulted ceiling with a striking wood beam, a cozy brick fireplace, and custom built-ins. Adjacent is a flexible study or sunroom, also with built-ins, plus a separate flex room complete with a wet bar and half bath. The kitchen is a chef’s dream, outfitted with premium Wolf appliances and generous cabinet and counter space, opening into a welcoming breakfast nook. A formal dining room adds a touch of elegance. Primary suite has its own private ensuite featuring his & her walk-in closets. Outside, the backyard oasis features a sparkling in-ground pool with a diving board, perfect for Texas summers. Situated in a well-established neighborhood, this home offers proximity to top-rated schools, shopping, and dining, making it ideal for families and professionals alike. Complete list of updates included in TransactionDesk. Schedule a showing today!
1702 Rainbow Dr, Richardson, TX 75081 is a 3 bedroom, 3 bathroom, 2,253 sqft single-family home in Berkner Park, built in 1978. It last sold for the $470,000 asking price on Jan 28, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $477,500, with a rent estimate of $3,702/month.
Last check for updates: about 14 hours ago
Listed by Julie Garcia 0670053, (972) 772-6025
M&D Real Estate, (972) 772-6025
Bought with: Kathi Thompson, Weichert Realtors/Property Partners, (214) 550-2793
Source: NTREIS, MLS#20761815

Home Details for 1702 Rainbow Dr

Interior Features

Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2253 Square Feet
Appliances & Utilities
Utilities: Sewer Available, Water Available, Cable AvailableAppliances: Some Gas Appliances, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Vented Exhaust FanDishwasherDisposalLaundry: Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room,In KitchenMicrowave
Heating & Cooling
Heating: Central,Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Decorative, Gas Starter, Living Room, Masonry, Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Window: Window CoveringsFlooring: Carpet, Ceramic Tile, Laminate
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Ceramic Tile, Laminate
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Rear Porch, Covered, PatioFoundation: SlabHas a Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Carport Spaces: 2Number of Covered Spaces: 4Has a CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 4Parking: Attached Carport,Alley Access,Door-Single,Driveway,Garage,Garage Door Opener,Garage Faces Rear
Pool
Pool: Diving Board, In Ground, Outdoor Pool, Pool, PrivatePool
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 71

Property Information

Year Built
Year Built: 1978
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Traditional,Detached
Building
Construction Materials: BrickNot Attached Property
Property Information
Parcel Number: 42255550040090000

Price & Status

Price
List Price: $470,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: RichardsonCommunity: University Estates
School Information
Elementary School: SpringridgeElementary School District: Richardson ISDJr High / Middle School District: Richardson ISDHigh School: BerknerHigh School District: Richardson ISD

HOA

No HOA

Lot Information

Lot Area: 9016.92 sqft

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 20761815Living Area Range Units: Square FeetAttribution Contact: 972-772-6025Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48113-N-42255550040090000-R-N

Price and Tax history

DateEventPrice
Jan 28, 2025
Source: NTREIS #20761815
Sold
--
Jan 11, 2025
Source: NTREIS #20761815
Pending
$470,000
Jan 7, 2025
Source: NTREIS #20761815
Contingent
$470,000
Dec 19, 2024
Source: NTREIS #20761815
PriceChange
$470,000
Price decreased by 3%
Dec 9, 2024
Source: NTREIS #20761815
PriceChange
$485,000
Price decreased by 5%

Market trends in Richardson

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$464K
$8.48KMoM
Sale-to-List Price
99.0%
Price per sq ft
$225
$0MoM
Available listings
429
12MoM

Around this home

Neighborhood Overview

Berkner Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Berkner Park

At least 13 Trulia users voted on each feature.

  • 88 % Say there are sidewalks

  • 85 % Say it's quiet

  • 85 % Say there's holiday spirit

  • 84 % Say parking is easy

  • 78 % Say it's dog friendly

  • 77 % Say it's walkable to restaurants

  • 74 % Say car is needed

  • 71 % Say people would walk alone at night

  • 69 % Say yards are well-kept

  • 68 % Say it's walkable to grocery stores

  • 59 % Say there's wildlife

  • 56 % Say streets are well-lit

  • 52 % Say neighbors are friendly

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

  • 41 % Say kids play outside

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "There are many people walking their dogs in the neighborhood and at the local parks. Great way to meet neighbors."
    0
    Flag
  • Trulia User
    "There are sidewalks on on streets and a park close by with doggie bags provided by the city. many people walk their dogs in the neighborhood."
    0
    Flag
  • Trulia User
    "The school system is highly rated. Close to major freeways for commuting. Mature trees and lawns kept nicely."
    0
    Flag
  • Trulia User
    "Good schools in the Richardson area. low crime. mature trees and well maintained yards. Quiet and close to major freeways."
    0
    Flag
  • Trulia User
    "Good Schools and safe neighborhood. Close to major freeways. Some shopping but no mall near by and limited restaurants and entertainment."
    0
    Flag
  • Virginia F.
    "Access to major Freeways within minutes. 30 minute drive to Downtown Dallas or DFW Airport. Older Community with large trees and single family homes."
    0
    Flag
  • Trulia User
    "I have lived in this house for 5 years and it is a quiet neighborhood. Have lived in the city of Richardson for 22 years and have always been safe."
    1
    Flag
  • Virginia F.
    "Centrally located in Dallas. Well kept and established neighborhoods with larges trees. Several parks and recreation centers. Good school system."
    0
    Flag
  • Vielka P.
    "I live here for 5 months and is a very good and safe area. All the areas are clean and neighbors has her houses well maintained. The police patrol is always going around the streets and bring a fast attention to the calls. Most of the neighbors have been never known. "
    0
    Flag
  • Yasmine E.
    "Its very diverse & very quiet all the neighbors are respectful. I don’t see A lot of crime often. There’s fast food and grocery shops all over town. "
    1
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 1702 Rainbow Dr

  • What is 1702 Rainbow Dr estimated to be worth?
    Trulia's estimated value for 1702 Rainbow Dr in Richardson, TX is $477,500.
  • What is the price history for 1702 Rainbow Dr?
    1702 Rainbow Dr in Richardson, TX last sold in January 2025.
  • Is Richardson a buyer's or seller's market?
    Richardson is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Richardson?
    The median sale price in Richardson is $464K. That is up $8.48K from the prior month.
  • Does 1702 Rainbow Dr have air conditioning?
    Yes, 1702 Rainbow Dr in Richardson, TX has air conditioning.
  • Does 1702 Rainbow Dr have a pool?
    Yes, 1702 Rainbow Dr in Richardson, TX has a pool.

Explore by feature - Pet Friendly

133 pet-friendly rentals in Richardson, TX

Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

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